Borrowers from commercial banks (per 1,000 adults) in Estonia
Estonia: Borrowers from commercial banks (per 1,000 adults) was 505.66 per 1,000 adults in 2024. ▼ Falling
Borrowers from commercial banks in Estonia, 2008–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Estonia stood at 505.66 per 1,000 adults.
Compared with earlier readings it is up 8.3% on the previous year and down 1.4% over ten years.
Over the whole period, borrowers from commercial banks in Estonia peaked at 557.53 per 1,000 adults in 2019 and was at its lowest, 447.99 per 1,000 adults, in 2021.
That places Estonia 15th out of 113 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Estonia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2008 | 475.39 per 1,000 adults | — |
| 2009 | 543.93 per 1,000 adults | +14.4% |
| 2010 | 546.26 per 1,000 adults | +0.4% |
| 2011 | 516.98 per 1,000 adults | -5.4% |
| 2012 | 535.54 per 1,000 adults | +3.6% |
| 2013 | 519.97 per 1,000 adults | -2.9% |
| 2014 | 512.94 per 1,000 adults | -1.4% |
| 2015 | 524.39 per 1,000 adults | +2.2% |
| 2016 | 531.36 per 1,000 adults | +1.3% |
| 2017 | 526.36 per 1,000 adults | -0.9% |
| 2018 | 522.79 per 1,000 adults | -0.7% |
| 2019 | 557.53 per 1,000 adults | +6.6% |
| 2020 | 535.65 per 1,000 adults | -3.9% |
| 2021 | 447.99 per 1,000 adults | -16.4% |
| 2022 | 468.76 per 1,000 adults | +4.6% |
| 2023 | 466.83 per 1,000 adults | -0.4% |
| 2024 | 505.66 per 1,000 adults | +8.3% |
Estonia compared with similar countries
- Estonia's 505.66 per 1,000 adults is above the median for high income countries, which is 408.04 per 1,000 adults, 1.2× the median. (29 countries reporting)
- Estonia's 505.66 per 1,000 adults is above the median for Europe & Central Asia, which is 400.43 per 1,000 adults, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 509.66 per 1,000 adults | 475.39 per 1,000 adults | 543.93 per 1,000 adults | 2 |
| 2010s | 529.41 per 1,000 adults | 512.94 per 1,000 adults | 557.53 per 1,000 adults | 10 |
| 2020s | 484.98 per 1,000 adults | 447.99 per 1,000 adults | 535.65 per 1,000 adults | 5 |
Countries ranked near Estonia
More financial sector data for Estonia
- Reserve position in the IMF, US dollar, annual growth rate 8.55 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 63.05 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.37 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 46.04 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.55 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 63.05 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.37 % change on previous year (2025)
Frequently asked questions
- What is borrowers from commercial banks in Estonia?
- Borrowers from commercial banks in Estonia was 505.66 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Estonia?
- The highest recorded value was 557.53 per 1,000 adults in 2019.
- What is the lowest borrowers from commercial banks recorded in Estonia?
- The lowest recorded value was 447.99 per 1,000 adults in 2021.
- How does Estonia rank for borrowers from commercial banks?
- Estonia ranks 15th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Estonia?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.