Current account balance (credit less debit), Net (credits less) in Estonia
Estonia: Current account balance (credit less debit), Net (credits less) was -542.86 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Estonia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Estonia stood at -542.86 million.
That represents a change of up 24.9% on the previous year and down 487.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Estonia peaked at 640.36 million in 2019 and was at its lowest, -3.32 billion, in 2007.
Estonia ranks 113th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.22 billion | — |
| 2006 | -2.55 billion | +109.3% |
| 2007 | -3.32 billion | +30.4% |
| 2008 | -2.16 billion | -35.1% |
| 2009 | 525.70 million | -124.4% |
| 2010 | 340.44 million | -35.2% |
| 2011 | 304.23 million | -10.6% |
| 2012 | -431.77 million | -241.9% |
| 2013 | -33.89 million | -92.2% |
| 2014 | 140.26 million | -513.9% |
| 2015 | 341.12 million | +143.2% |
| 2016 | 244.69 million | -28.3% |
| 2017 | 466.90 million | +90.8% |
| 2018 | 176.02 million | -62.3% |
| 2019 | 640.36 million | +263.8% |
| 2020 | -868.91 million | -235.7% |
| 2021 | -1.39 billion | +59.6% |
| 2022 | -1.50 billion | +7.8% |
| 2023 | -722.67 million | -51.7% |
| 2024 | -542.86 million | -24.9% |
Estonia compared with similar countries
- Estonia's -542.86 million is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Estonia's -542.86 million is below the median for Europe & Central Asia, which is -449.44 million, 1.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.74 billion | -3.32 billion | 525.70 million | 5 |
| 2010s | 218.84 million | -431.77 million | 640.36 million | 10 |
| 2020s | -1.00 billion | -1.50 billion | -542.86 million | 5 |
Countries ranked near Estonia
- 110 Guinea -391.82 million compare
- 111 Burundi -474.99 million compare
- 112 Zambia -487.39 million compare
- 114 East Timor -587.48 million compare
- 115 Sierra Leone -606.36 million compare
- 116 El Salvador -632.55 million compare
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 current account balance (credit less debit), net (credits less debits) in Estonia?
- Current account balance (credit less debit), net (credits less debits) in Estonia was -542.86 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Estonia?
- The highest recorded value was 640.36 million in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Estonia?
- The lowest recorded value was -3.32 billion in 2007.
- How does Estonia rank for current account balance (credit less debit), net (credits less debits)?
- Estonia ranks 113th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Estonia?
- Over the last ten years it is down 487.0%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.