Harmonized Euro area rates: Loans, Over 5 years New Business, House in Estonia
Estonia: Harmonized Euro area rates: Loans, Over 5 years New Business, House was 5.71 in 2024. ▼ Falling
Harmonized Euro area rates: Loans, Over 5 years New Business, House in Estonia, 2005–2024
Source: International Monetary Fund.
Analysis
Estonia recorded 5.71 for harmonized euro area rates: loans, over 5 years new business, house in 2024.
The figure is up 7.4% on the previous year and up 205.1% over ten years.
Over the whole period, harmonized euro area rates: loans, over 5 years new business, house in Estonia peaked at 5.73 in 2008 and was at its lowest, 1.66, in 2016.
That places Estonia 2nd out of 23 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Harmonized Euro area rates: Loans, Over 5 years New Business, House in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.91 | — |
| 2006 | 4.13 | +5.5% |
| 2007 | 5.16 | +25.0% |
| 2008 | 5.73 | +11.2% |
| 2009 | 3.52 | -38.6% |
| 2010 | 2.59 | -26.3% |
| 2011 | 3 | +15.8% |
| 2012 | 2.57 | -14.3% |
| 2013 | 1.84 | -28.6% |
| 2014 | 1.87 | +1.9% |
| 2015 | 1.73 | -7.7% |
| 2016 | 1.66 | -4.0% |
| 2017 | 1.69 | +2.1% |
| 2018 | 1.79 | +5.7% |
| 2019 | 1.9 | +5.9% |
| 2020 | 1.97 | +3.7% |
| 2021 | 1.97 | +0.1% |
| 2022 | 2.37 | +20.4% |
| 2023 | 5.32 | +124.4% |
| 2024 | 5.71 | +7.4% |
Estonia compared with similar countries
- Estonia's 5.71 is above the median for Europe & Central Asia, which is 3.31, 1.7× the median. (22 countries reporting)
- Estonia's 5.71 is above the median for high income countries, which is 3.22, 1.8× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro area rates: Loans, Over 5 years New Business, House in Estonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +124.4% | 2.37 | 5.32 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.49 | 3.52 | 5.73 | 5 |
| 2010s | 2.06 | 1.66 | 3 | 10 |
| 2020s | 3.47 | 1.97 | 5.71 | 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 harmonized euro area rates: loans, over 5 years new business, house in Estonia?
- Harmonized euro area rates: loans, over 5 years new business, house in Estonia was 5.71 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, over 5 years new business, house recorded in Estonia?
- The highest recorded value was 5.73 in 2008.
- What is the lowest harmonized euro area rates: loans, over 5 years new business, house recorded in Estonia?
- The lowest recorded value was 1.66 in 2016.
- How does Estonia rank for harmonized euro area rates: loans, over 5 years new business, house?
- Estonia ranks 2nd out of 23 countries with data for 2024.
- Is harmonized euro area rates: loans, over 5 years new business, house rising or falling in Estonia?
- Over the last ten years it is up 205.1%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.