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Data overview for Estonia

Wireless payment

Digitalization

Internet usage (of pop.)
90%
Did online shopping (age 15+)
68 – 70%
Paid bills via internet (age 15+)
94 – 95%
Accessed a bank account online (age 15+)
91 – 93%
Paid utility bills using a mobile phone (age 15+)
9 – 14%
Made or received digital payments (age 15+)
> 98%
Wireless payment

Digitalization

Internet usage (of pop.)
90%
Did online shopping (age 15+)
68 – 70%
Paid bills via internet (age 15+)
94 – 95%
Accessed a bank account online (age 15+)
91 – 93%
Paid utility bills using a mobile phone (age 15+)
9 – 14%
Made or received digital payments (age 15+)
> 98%
Business chart

Macro data

Population 2020
1.3M
GDP Total 2020
28.9B
GDP per capita 2020 (PPP)
33,200
GDP forecast 2021
3.4%
Trade Flows (% of GDP)
131.2%
Cash increase

Banking data

Total bank assets 2020
28.4B
Total bank assets 2020/GDP
98.5%
Account ownership (age 15+)
> 98%
Debit card ownership (age 15+)
96 – 98%
Coin in hand

Economic data

Unemployment
5%
Currency
EUR
Remittances (% of GDP)
1.6%
Private Consumption (yoy)
9.5%

Data provided by Raiffeisen Research, Sources

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Estonia compared to other CEE countries

Data provided by Raiffeisen Research, Sources

See all CEE countries