Bank credit to bank deposits in Estonia

Estonia: Bank credit to bank deposits was 81.7% in 2021. ▼ Falling

Latest (2021)
81.7%
Change on year
down 7.5%
World rank
79th
of 186 countries
All-time high
197.5%
in 2008
All-time low
81.7%
in 2021
Years of data
27
1995–2021

Bank credit to bank deposits in Estonia, 1995–2021

0501001502001995200820211995: 99.8 %1996: 117.5 %1997: 141.3 %1998: 149.5 %1999: 129.3 %2000: 130 %2001: 125.6 %2002: 141.7 %2003: 160.1 %2004: 122.8 %2005: 136.1 %2006: 170 %2007: 194.9 %2008: 197.5 %2009: 186 %2010: 168.2 %2011: 147.8 %2012: 138.6 %2013: 130.4 %2014: 122.4 %2015: 115.4 %2016: 111.9 %2017: 107.1 %2018: 102.6 %2019: 98.7 %2020: 88.3 %2021: 81.7 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, bank credit to bank deposits in Estonia stood at 81.7%. That is the lowest value across all 27 years on record.

That represents a change of down 7.5% on the previous year and down 44.8% over ten years.

Over the whole period, bank credit to bank deposits in Estonia peaked at 197.5% in 2008 and was at its lowest, 81.7%, in 2021.

That places Estonia 79th out of 186 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 27 years of available data.

Bank credit to bank deposits in Estonia, year by year

Annual values for Bank credit to bank deposits (%) in Estonia, 1995 to 2021.
Year % Change
1995 99.8%
1996 117.5% +17.7%
1997 141.3% +20.3%
1998 149.5% +5.8%
1999 129.3% -13.5%
2000 130.0% +0.5%
2001 125.6% -3.3%
2002 141.7% +12.8%
2003 160.1% +13.0%
2004 122.8% -23.3%
2005 136.1% +10.8%
2006 170.0% +24.9%
2007 194.9% +14.7%
2008 197.5% +1.3%
2009 186.0% -5.8%
2010 168.2% -9.6%
2011 147.8% -12.1%
2012 138.6% -6.2%
2013 130.4% -6.0%
2014 122.4% -6.1%
2015 115.4% -5.7%
2016 111.9% -3.0%
2017 107.1% -4.3%
2018 102.6% -4.3%
2019 98.7% -3.8%
2020 88.3% -10.6%
2021 81.7% -7.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 127.5% 99.8% 149.5% 5
2000s 156.5% 122.8% 197.5% 10
2010s 124.3% 98.7% 168.2% 10
2020s 85.0% 81.7% 88.3% 2

Countries ranked near Estonia

  1. 76 Senegal 82.6% compare
  2. 77 Central African Republic 82.4% compare
  3. 78 San Marino 81.8% compare
  4. 80 United Arab Emirates 81.6% compare
  5. 81 Tanzania, United Republic of 81.2% compare
  6. 82 Aruba 80.5% compare

See the full ranking of 186 places →

More financial sector data for Estonia

All data for Estonia →

Frequently asked questions

What is bank credit to bank deposits in Estonia?
Bank credit to bank deposits in Estonia was 81.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest bank credit to bank deposits recorded in Estonia?
The highest recorded value was 197.5% in 2008.
What is the lowest bank credit to bank deposits recorded in Estonia?
The lowest recorded value was 81.7% in 2021.
How does Estonia rank for bank credit to bank deposits?
Estonia ranks 79th out of 186 countries with data for 2021.
Is bank credit to bank deposits rising or falling in Estonia?
Over the last ten years it is down 44.8%. The long-run trend across the full record is falling.
Where does this Estonia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.

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Bank credit to bank deposits in Estonia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/bank-credit-to-bank-deposits-percent/estonia/

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About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).