Private Sector Credit Statistics in Estonia (2026)
According to World Bank World Development Indicators data, domestic credit to the private sector in Estonia came to 60.5% of GDP in 2024. Up from 57.7% of GDP in 2023 to 60.5% of GDP in 2024 (+2.9 percentage points). Estonia ranks #18 of 47 economies in Europe & Central Asia on this measure, and #52 of 160 globally.
Key Statistics
- Latest value (2024)
- 60.5% of GDP (2024)
- Private Sector Credit in Estonia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +2.9 pp (2024)
- Up from 57.7% of GDP in 2023 to 60.5% of GDP in 2024 (+2.9 percentage points).
- Earliest value in this dataset (2004)
- 40.3% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 40.3% of GDP in 2004 to 60.5% of GDP in 2024.
- Peak value (2009)
- 101.4% of GDP (2009)
- Highest value in the available series; the 2024 value is 60.5% of GDP.
- Rank in Europe & Central Asia
- #18 of 47 (2024)
- Estonia ranks 18 of 47 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #52 of 160 (2024)
- Estonia ranks 52 of 160 countries with data globally.
- Europe & Central Asia average
- 57.3% of GDP (2024)
- Estonia (60.5% of GDP) is above the average of 57.3% of GDP across the 47 countries in Europe & Central Asia with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 60.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 60.4% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Estonia (2024)
- 92.2% (2024)
- 92.2% of the population in Estonia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Estonia had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 60.5% | +2.9 pp |
| 2023 | 57.7% | +0.4 pp |
| 2022 | 57.2% | −2.1 pp |
| 2021 | 59.3% | −3.2 pp |
| 2020 | 62.5% | +4.2 pp |
| 2019 | 58.2% | −2.5 pp |
| 2018 | 60.8% | −2.1 pp |
| 2017 | 62.9% | −5.6 pp |
| 2016 | 68.4% | +0.7 pp |
| 2015 | 67.7% | +1.5 pp |
| 2014 | 66.2% | −2.3 pp |
| 2013 | 68.6% | −3.7 pp |
| 2012 | 72.2% | −5.5 pp |
| 2011 | 77.7% | −15.1 pp |
| 2010 | 92.8% | −8.6 pp |
| 2009 | 101.4% | +11.7 pp |
| 2008 | 89.7% | +5.9 pp |
| 2007 | 83.7% | +7.5 pp |
| 2006 | 76.2% | +19.7 pp |
| 2005 | 56.6% | +16.3 pp |
| 2004 | 40.3% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Estonia?
Domestic credit to the private sector in Estonia stood at 60.5% of GDP in 2024, according to World Bank World Development Indicators data.
Where does the private sector credit data for Estonia come from?
The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Estonia is from 2024; the snapshot was retrieved on 2026-06-10.
How has private sector credit in Estonia changed over time?
World Bank World Development Indicators data show a rise from 40.3% of GDP in 2004 to 60.5% of GDP in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .