Loans from nonresident banks (net) to GDP in Estonia
Estonia: Loans from nonresident banks (net) to GDP was -1.2% in 2020. ◆ Volatile
Loans from nonresident banks (net) to GDP in Estonia, 1997–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Estonia recorded -1.2% for loans from nonresident banks (net) to gdp in 2020.
Compared with earlier readings it is up 36.7% on the previous year and down 790.0% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Estonia peaked at 2.4% in 1997 and was at its lowest, -1.8%, in 2018.
Estonia ranks 87th of 98 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 2.4% | — |
| 1998 | -0.1% | -105.2% |
| 1999 | -0.4% | +209.8% |
| 2000 | -0.0% | -90.8% |
| 2001 | -0.2% | +581.9% |
| 2002 | -0.1% | -77.4% |
| 2003 | -0.0% | -62.7% |
| 2005 | 1.3% | -6749.5% |
| 2007 | 0.2% | -87.4% |
| 2015 | -0.0% | -118.1% |
| 2018 | -1.8% | +5938.4% |
| 2020 | -1.2% | -36.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | -0.4% | 2.4% | 3 |
| 2000s | 0.2% | -0.2% | 1.3% | 6 |
| 2010s | -0.9% | -1.8% | -0.0% | 2 |
| 2020s | -1.2% | -1.2% | -1.2% | 1 |
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 loans from nonresident banks (net) to gdp in Estonia?
- Loans from nonresident banks (net) to gdp in Estonia was -1.2% in 2020, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Estonia?
- The highest recorded value was 2.4% in 1997.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Estonia?
- The lowest recorded value was -1.8% in 2018.
- How does Estonia rank for loans from nonresident banks (net) to gdp?
- Estonia ranks 87th out of 98 countries with data for 2020.
- Is loans from nonresident banks (net) to gdp rising or falling in Estonia?
- Over the last ten years it is down 790.0%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (net) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of net offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 12A (Net Issues): International debt securities - all issuers.