Current account balance as a share of GDP in Estonia
Estonia: Current account balance as a share of GDP was -1.3% in 2024. ◆ Volatile
Current account balance as a share of GDP in Estonia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Estonia recorded -1.3% for current account balance as a share of gdp in 2024.
That represents a change of up 27.6% on the previous year and down 342.3% over ten years.
Over the whole period, current account balance as a share of gdp in Estonia peaked at 2.7% in 2009 and was at its lowest, -15.0%, in 2006.
Estonia ranks 99th of 193 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 share of GDP in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.3% | — |
| 2001 | -5.2% | -1.3% |
| 2002 | -10.6% | +103.7% |
| 2003 | -12.9% | +22.2% |
| 2004 | -12.0% | -7.3% |
| 2005 | -8.6% | -28.0% |
| 2006 | -15.0% | +73.5% |
| 2007 | -14.8% | -1.1% |
| 2008 | -8.9% | -40.1% |
| 2009 | 2.7% | -130.2% |
| 2010 | 1.7% | -35.1% |
| 2011 | 1.3% | -24.7% |
| 2012 | -1.9% | -242.0% |
| 2013 | -0.1% | -93.0% |
| 2014 | 0.5% | -500.0% |
| 2015 | 1.5% | +180.8% |
| 2016 | 1.0% | -31.5% |
| 2017 | 1.7% | +70.0% |
| 2018 | 0.6% | -67.1% |
| 2019 | 2.0% | +258.9% |
| 2020 | -2.7% | -235.8% |
| 2021 | -3.7% | +36.6% |
| 2022 | -3.9% | +4.8% |
| 2023 | -1.7% | -55.5% |
| 2024 | -1.3% | -27.6% |
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
- Services, value added (current US$), annual growth rate 9.25 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6582 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 22,654 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.65 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5825 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 20,048 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate -0.1134 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.382 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 13,147 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 14,387 constant LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Estonia?
- Current account balance as a share of gdp in Estonia was -1.3% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Estonia?
- The highest recorded value was 2.7% in 2009.
- What is the lowest current account balance as a share of gdp recorded in Estonia?
- The lowest recorded value was -15.0% in 2006.
- How does Estonia rank for current account balance as a share of gdp?
- Estonia ranks 99th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Estonia?
- Over the last ten years it is down 342.3%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).