Current Account Balance: Estonia
Estonia's current account balance is currently -2.2 % of GDP as of 2026. # Estonia Current Account Balance Estonia's current account balance stands at -2.
Current (2026)
-2.2 % of GDP
-144.4% y/y
Peak (2009)
2.6 % of GDP
Low (2006)
-14.9 % of GDP
Source
IMF World Economic Outlook
1993–2026 · 38 pts
Current Account Balance — Estonia
1993 — 2026
Current Account Balance — Estonia
Analysis# Estonia Current Account Balance
Estonia's current account balance stands at -2.2% of GDP in 2026, reflecting a deficit position after years of volatility. The country's all-time peak of 2.6% in 2009 contrasts sharply with its nadir of -14.9% in 2006, illustrating dramatic swings in trade dynamics. Since 1993, Estonia has experienced a cumulative decline of 283.3%, shifting from modest surpluses toward persistent deficits in recent years.
A critical turning point emerged around 2020, when Estonia's account balance deteriorated from a 2% surplus in 2019 to -2.5% in 2020, marking the beginning of sustained deficit years. The period from 2021 to 2023 saw deficits peak at -3.7% before gradually improving through 2025. The projected 2026 value of -2.2% suggests renewed deterioration, indicating ongoing external imbalances as Estonia navigates global economic pressures.
Historical Data
38 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -1.4 % of GDP | +12.50% |
| 2029 | -1.6 % of GDP | +15.79% |
| 2028 | -1.9 % of GDP | +9.52% |
| 2027 | -2.1 % of GDP | +4.55% |
| 2026 | -2.2 % of GDP | -144.44% |
| 2025 | -0.9 % of GDP | +25.00% |
| 2024 | -1.2 % of GDP | +0.00% |
| 2023 | -1.2 % of GDP | +61.29% |
| 2022 | -3.1 % of GDP | +16.22% |
| 2021 | -3.7 % of GDP | -48.00% |
| 2020 | -2.5 % of GDP | -225.00% |
| 2019 | 2 % of GDP | +233.33% |
| 2018 | 0.6 % of GDP | -64.71% |
| 2017 | 1.7 % of GDP | +70.00% |
| 2016 | 1 % of GDP | -33.33% |
| 2015 | 1.5 % of GDP | +150.00% |
| 2014 | 0.6 % of GDP | +700.00% |
| 2013 | -0.1 % of GDP | +94.74% |
| 2012 | -1.9 % of GDP | -246.15% |
| 2011 | 1.3 % of GDP | -27.78% |
Show all 38 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 1.8 % of GDP | -30.77% |
| 2009 | 2.6 % of GDP | +129.89% |
| 2008 | -8.7 % of GDP | +41.61% |
| 2007 | -14.9 % of GDP | +0.00% |
| 2006 | -14.9 % of GDP | -71.26% |
| 2005 | -8.7 % of GDP | +26.89% |
| 2004 | -11.9 % of GDP | +7.75% |
| 2003 | -12.9 % of GDP | -16.22% |
| 2002 | -11.1 % of GDP | -56.34% |
| 2001 | -7.1 % of GDP | -31.48% |
| 2000 | -5.4 % of GDP | -25.58% |
| 1999 | -4.3 % of GDP | +49.41% |
| 1998 | -8.5 % of GDP | +22.02% |
| 1997 | -10.9 % of GDP | -31.33% |
| 1996 | -8.3 % of GDP | -107.50% |
| 1995 | -4 % of GDP | +39.39% |
| 1994 | -6.6 % of GDP | -650.00% |
| 1993 | 1.2 % of GDP | — |
Related Data
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For Estonia
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