Monetary Sector credit to private sector in Estonia
Estonia: Monetary Sector credit to private sector 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 186 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 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% |
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
- Total reserves in months of imports, annual growth rate 6.94 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 14.71 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0296 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,020 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 11.47 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,285 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 11.95 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,303 SDR per person (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 186 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.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.