Domestic credit to private sector in Estonia
Estonia: Domestic credit to private sector was 60.5% in 2024. ▼ Falling
Domestic credit to private sector in Estonia, 2004–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Estonia stood at 60.5%.
That represents a change of up 5.0% on the previous year and down 8.6% 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 55th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 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 | 83.7% | +9.9% |
| 2008 | 89.7% | +7.1% |
| 2009 | 101.4% | +13.1% |
| 2010 | 92.8% | -8.5% |
| 2011 | 77.7% | -16.2% |
| 2012 | 72.2% | -7.1% |
| 2013 | 68.6% | -5.1% |
| 2014 | 66.2% | -3.4% |
| 2015 | 67.7% | +2.3% |
| 2016 | 68.4% | +1.0% |
| 2017 | 62.9% | -8.1% |
| 2018 | 60.8% | -3.3% |
| 2019 | 58.2% | -4.2% |
| 2020 | 62.5% | +7.3% |
| 2021 | 59.3% | -5.1% |
| 2022 | 57.2% | -3.5% |
| 2023 | 57.7% | +0.8% |
| 2024 | 60.5% | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.6% | 40.3% | 101.4% | 6 |
| 2010s | 69.6% | 58.2% | 92.8% | 10 |
| 2020s | 59.4% | 57.2% | 62.5% | 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 domestic credit to private sector in Estonia?
- Domestic credit to private sector in Estonia was 60.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- 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 55th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Estonia?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.