Financial system deposits to GDP in Estonia
Estonia: Financial system deposits to GDP was 74.5% in 2021. ▲ Rising
Financial system deposits to GDP in Estonia, 1995–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Estonia stood at 74.5%. That is the highest value across all 27 years on record.
The figure is up 1.4% on the previous year and up 41.2% over ten years.
Over the whole period, financial system deposits to gdp in Estonia peaked at 74.5% in 2021 and was at its lowest, 15.7%, in 1995.
That places Estonia 63rd out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Financial system deposits to GDP in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 15.7% | — |
| 1996 | 18.4% | +17.3% |
| 1997 | 22.1% | +20.4% |
| 1998 | 21.0% | -4.9% |
| 1999 | 24.4% | +15.9% |
| 2000 | 27.7% | +13.6% |
| 2001 | 30.9% | +11.7% |
| 2002 | 31.3% | +1.2% |
| 2003 | 31.5% | +0.6% |
| 2004 | 32.8% | +4.1% |
| 2005 | 41.6% | +26.7% |
| 2006 | 44.8% | +7.9% |
| 2007 | 43.0% | -4.2% |
| 2008 | 45.4% | +5.7% |
| 2009 | 54.5% | +20.1% |
| 2010 | 55.2% | +1.2% |
| 2011 | 52.8% | -4.3% |
| 2012 | 52.6% | -0.4% |
| 2013 | 53.3% | +1.3% |
| 2014 | 54.9% | +3.1% |
| 2015 | 59.5% | +8.4% |
| 2016 | 62.1% | +4.3% |
| 2017 | 59.6% | -4.0% |
| 2018 | 60.7% | +1.8% |
| 2019 | 60.6% | -0.2% |
| 2020 | 73.5% | +21.3% |
| 2021 | 74.5% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.3% | 15.7% | 24.4% | 5 |
| 2000s | 38.4% | 27.7% | 54.5% | 10 |
| 2010s | 57.1% | 52.6% | 62.1% | 10 |
| 2020s | 74.0% | 73.5% | 74.5% | 2 |
Countries ranked near Estonia
More financial sector data for Estonia
- Net domestic credit (current LCU), per capita 21,036 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6693 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 9.64 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 280,000 SDR (2025)
- Gold reserves at market value 25.51 million SDR (2025)
- Reserves excluding gold, foreign exchange 1.39 billion SDR (2025)
- Reserves excluding gold 1.76 billion SDR (2025)
- Total reserves (gold at market value) 1.78 billion SDR (2025)
- Total reserves (gold at national valuation) 1.78 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,303 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Estonia?
- Financial system deposits to gdp in Estonia was 74.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Estonia?
- The highest recorded value was 74.5% in 2021.
- What is the lowest financial system deposits to gdp recorded in Estonia?
- The lowest recorded value was 15.7% in 1995.
- How does Estonia rank for financial system deposits to gdp?
- Estonia ranks 63rd out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Estonia?
- Over the last ten years it is up 41.2%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).