Current account balance as a proportion of GDP (%) in Estonia
Estonia: Current account balance as a proportion of GDP (%) was -1.3% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Estonia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Estonia recorded -1.3% for current account balance as a proportion of gdp in 2024.
That represents a change of up 27.8% on the previous year and down 342.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Estonia peaked at 2.7% in 2009 and was at its lowest, -15.0%, in 2006.
Estonia ranks 105th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.3% | — |
| 2001 | -5.2% | -1.2% |
| 2002 | -10.6% | +103.6% |
| 2003 | -12.9% | +22.2% |
| 2004 | -12.0% | -7.3% |
| 2005 | -8.6% | -28.0% |
| 2006 | -15.0% | +73.4% |
| 2007 | -14.8% | -1.1% |
| 2008 | -8.9% | -40.2% |
| 2009 | 2.7% | -130.2% |
| 2010 | 1.7% | -34.9% |
| 2011 | 1.3% | -25.1% |
| 2012 | -1.9% | -242.3% |
| 2013 | -0.1% | -92.8% |
| 2014 | 0.5% | -489.4% |
| 2015 | 1.5% | +182.3% |
| 2016 | 1.0% | -31.9% |
| 2017 | 1.7% | +70.6% |
| 2018 | 0.6% | -66.8% |
| 2019 | 2.0% | +256.4% |
| 2020 | -2.7% | -235.9% |
| 2021 | -3.7% | +36.6% |
| 2022 | -3.9% | +4.9% |
| 2023 | -1.7% | -55.5% |
| 2024 | -1.3% | -27.8% |
Estonia compared with similar countries
- Estonia's -1.3% is below the median for high income countries, which is 1.6%. (69 countries reporting)
- Estonia's -1.3% is below the median for Europe & Central Asia, which is -0.7%, 1.8× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2014 | +489.4% | -0.1% | 0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.1% | -15.0% | 2.7% | 10 |
| 2010s | 0.8% | -1.9% | 2.0% | 10 |
| 2020s | -2.7% | -3.9% | -1.3% | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Real gdp growth, annual growth rate 748.89 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 4.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0087 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 299.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0241 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 218.94 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.83 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0053 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 181.11 units per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Estonia?
- Current account balance as a proportion of gdp in Estonia was -1.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Estonia?
- The highest recorded value was 2.7% in 2009.
- What is the lowest current account balance as a proportion of gdp recorded in Estonia?
- The lowest recorded value was -15.0% in 2006.
- How does Estonia rank for current account balance as a proportion of gdp?
- Estonia ranks 105th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Estonia?
- Over the last ten years it is down 342.8%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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