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 104th of 204 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% |
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
- Exports of goods and services (current LCU), annual growth rate 8.17 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.6935 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 23,868 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5254 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,084 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 10.54 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2422 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 8,337 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2144 current LCU per US$ of GDP (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 104th out of 204 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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