Bank Z-score in Estonia
Estonia: Bank Z-score was 8.42 in 2021. ▬ Flat
Bank Z-score in Estonia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
Estonia recorded 8.42 for bank z-score in 2021.
The figure is up 1.7% on the previous year and down 27.7% over ten years.
Over the whole period, bank z-score in Estonia peaked at 13.34 in 2013 and was at its lowest, 4.6, in 2009.
Estonia ranks 137th of 169 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.91 | 4.6 | 12.53 | 10 |
| 2010s | 10.87 | 8.92 | 13.34 | 10 |
| 2020s | 8.35 | 8.28 | 8.42 | 2 |
Countries ranked near Estonia
More financial sector data for Estonia
- Domestic credit to private sector by banks 60.5% (2024)
- Total reserves in months of imports 0.7247 (2025)
- Net domestic credit 28.87 billion current LCU (2024)
- Net foreign assets 8.79 billion current LCU (2024)
- Monetary Sector credit to private sector 60.5% (2024)
- Claims on central government, etc. -2.8% (2024)
- Domestic credit to private sector 60.5% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -13,350 (2025)
- GDP deflator: linked series 142.95 base year varies by country (2025)
Frequently asked questions
- What is bank z-score in Estonia?
- Bank z-score in Estonia was 8.42 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Estonia?
- The highest recorded value was 13.34 in 2013.
- What is the lowest bank z-score recorded in Estonia?
- The lowest recorded value was 4.6 in 2009.
- How does Estonia rank for bank z-score?
- Estonia ranks 137th out of 169 countries with data for 2021.
- Is bank z-score rising or falling in Estonia?
- Over the last ten years it is down 27.7%. The long-run trend across the full record is flat.
- Where does this Estonia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
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About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.