Domestic credit to private sector in Estonia
Estonia: Domestic credit to private sector was 64.8% in 2020. ▼ Falling
Domestic credit to private sector in Estonia, 2004–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Estonia recorded 64.8% for domestic credit to private sector in 2020.
That represents a change of up 8.5% on the previous year and down 30.1% over ten years.
Over the whole period, domestic credit to private sector in Estonia peaked at 101.4% in 2009 and was at its lowest, 40.3%, in 2004.
That places Estonia 65th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Domestic credit to private sector in Estonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 40.3% | — |
| 2005 | 56.6% | +40.4% |
| 2006 | 76.2% | +34.7% |
| 2007 | 83.8% | +9.9% |
| 2008 | 89.7% | +7.1% |
| 2009 | 101.4% | +13.1% |
| 2010 | 92.8% | -8.5% |
| 2011 | 78.0% | -15.9% |
| 2012 | 72.9% | -6.5% |
| 2013 | 69.5% | -4.7% |
| 2014 | 67.3% | -3.2% |
| 2015 | 69.0% | +2.5% |
| 2016 | 69.8% | +1.2% |
| 2017 | 64.1% | -8.1% |
| 2018 | 62.2% | -3.0% |
| 2019 | 59.8% | -3.9% |
| 2020 | 64.8% | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.7% | 40.3% | 101.4% | 6 |
| 2010s | 70.5% | 59.8% | 92.8% | 10 |
| 2020s | 64.8% | 64.8% | 64.8% | 1 |
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 domestic credit to private sector in Estonia?
- Domestic credit to private sector in Estonia was 64.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Estonia?
- The highest recorded value was 101.4% in 2009.
- What is the lowest domestic credit to private sector recorded in Estonia?
- The lowest recorded value was 40.3% in 2004.
- How does Estonia rank for domestic credit to private sector?
- Estonia ranks 65th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Estonia?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.