Monetary Sector credit to private sector (% GDP) in Estonia
Estonia: Monetary Sector credit to private sector (% GDP) was 60.5% in 2024. ▼ Falling
Monetary Sector credit to private sector in Estonia, 2004–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Estonia recorded 60.5% for monetary sector credit to private sector in 2024.
That represents a change of up 5.0% on the previous year and down 8.6% over ten years.
Over the whole period, monetary sector credit to private sector in Estonia peaked at 101.4% in 2009 and was at its lowest, 40.3%, in 2004.
Estonia ranks 48th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Monetary Sector credit to private sector (% GDP) in Estonia, year by year
| Year | % 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% |
Estonia compared with similar countries
- Estonia's 60.5% is below the median for high income countries, which is 63.2%, 96% of the median. (61 countries reporting)
- Estonia's 60.5% is above the median for Europe & Central Asia, which is 51.0%, 1.2× the median. (48 countries reporting)
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 monetary sector credit to private sector in Estonia?
- Monetary sector 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 monetary sector credit to private sector recorded in Estonia?
- The highest recorded value was 101.4% in 2009.
- What is the lowest monetary sector credit to private sector recorded in Estonia?
- The lowest recorded value was 40.3% in 2004.
- How does Estonia rank for monetary sector credit to private sector?
- Estonia ranks 48th out of 187 countries with data for 2024.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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, 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. 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.