Insurance and financial services in Estonia
Estonia: Insurance and financial services was 2.2% in 2025. ▼ Falling
Insurance and financial services in Estonia, 1992–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Estonia recorded 2.2% for insurance and financial services in 2025.
That represents a change of down 12.9% on the previous year and down 37.0% over ten years.
Over the whole period, insurance and financial services in Estonia peaked at 4.4% in 1996 and was at its lowest, 0.2%, in 1992.
That places Estonia 171st out of 197 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Insurance and financial services in Estonia, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1992 | 0.2% | — |
| 1993 | 2.9% | +1085.8% |
| 1994 | 3.3% | +12.2% |
| 1995 | 3.9% | +20.7% |
| 1996 | 4.4% | +11.9% |
| 1997 | 3.4% | -23.7% |
| 1998 | 3.4% | +1.8% |
| 1999 | 2.0% | -41.4% |
| 2000 | 1.2% | -38.6% |
| 2001 | 1.5% | +24.5% |
| 2002 | 1.3% | -12.8% |
| 2008 | 3.8% | +185.3% |
| 2009 | 3.1% | -17.4% |
| 2010 | 3.9% | +22.5% |
| 2011 | 2.7% | -29.6% |
| 2012 | 2.8% | +3.5% |
| 2013 | 3.0% | +8.6% |
| 2014 | 3.1% | +2.2% |
| 2015 | 3.4% | +9.7% |
| 2016 | 2.9% | -15.4% |
| 2017 | 2.7% | -7.0% |
| 2018 | 2.2% | -19.8% |
| 2019 | 1.9% | -10.4% |
| 2020 | 2.1% | +8.2% |
| 2021 | 2.1% | +2.9% |
| 2022 | 2.0% | -7.0% |
| 2023 | 2.5% | +23.2% |
| 2024 | 2.5% | +0.3% |
| 2025 | 2.2% | -12.9% |
Estonia compared with similar countries
- Estonia's 2.2% is below the median for high income countries, which is 6.2%, 35% of the median. (72 countries reporting)
- Estonia's 2.2% is below the median for Europe & Central Asia, which is 5.2%, 42% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services 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 |
|---|---|---|---|
| 1993 | +1085.8% | 0.2% | 2.9% |
| 2008 | +185.3% | 1.3% | 3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 0.2% | 4.4% | 8 |
| 2000s | 2.2% | 1.2% | 3.8% | 5 |
| 2010s | 2.9% | 1.9% | 3.9% | 10 |
| 2020s | 2.2% | 2.0% | 2.5% | 6 |
Countries ranked near Estonia
- 168 Lesotho 2.3% compare
- 169 Brunei Darussalam 2.3% compare
- 170 Suriname 2.2% compare
- 172 Kiribati 2.1% compare
- 173 Papua New Guinea 2.1% compare
- 174 Lao People's Democratic Republic 2.1% compare
More economy & growth data for Estonia
- Foreign direct investment, net outflows (BoP, current US$), gaps -24.28 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -17.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -838.20 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 75.62 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0178 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -613.4 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 17.56 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0519 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,785 includes gold, current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Estonia?
- Insurance and financial services in Estonia was 2.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Estonia?
- The highest recorded value was 4.4% in 1996.
- What is the lowest insurance and financial services recorded in Estonia?
- The lowest recorded value was 0.2% in 1992.
- How does Estonia rank for insurance and financial services?
- Estonia ranks 171st out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Estonia?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.