Estonia's net primary income (net income from abroad) (current LCU) was -801.7 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 45.08% from -552.6 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -801.7 million | 2024 |
| Five years earlier | -551.4 million | 2019 |
| Ten years earlier | -552.6 million | 2014 |
| Highest | -231.65 million | 2000 |
| Lowest | -1.11 billion | 2007 |
| Average since 2015 | -622.15 million | 2015–2024 |
| First recorded | -231.65 million |
What the numbers say
In 2024, Estonia's net primary income (net income from abroad) (current LCU) rose 216.1 million on 2023 (from -1.02 billion to -801.7 million).
Across the 23 yearly changes before that (2001 to 2023), the average change was −34.18 million and a typical year strayed about 210 million from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 438 million in 2009 and the biggest yearly fall was 413.95 million in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 50.32 million a year. A straight line explains 63% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Estonia had the 20th highest value of the 39 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Estonia in the 2024 ranking
- Aruba — 17th of 39: -405.12 million
- Bahamas, The — 18th of 39: -631.7 million
- Slovenia — 19th of 39: -715.72 million
- Latvia — 21st of 39: -836.82 million
- Austria — 22nd of 39: -953.6 million
- Cayman Islands — 23rd of 39: -1.24 billion
What this measures
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 25 values
| Year | Net primary income (net income from abroad) (current LCU) |
|---|---|
| 2024 | -801,700,000 |
| 2023 | -1,017,800,000 |
| 2022 | -719,600,000 |
| 2021 | -729,300,000 |
| 2020 | -395,400,000 |
| 2019 | -551,400,000 |
| 2018 | -535,800,000 |
| 2017 | -562,600,000 |
| 2016 | -462,400,000 |
| 2015 | -445,500,000 |
Net primary income (net income from abroad) (current LCU) in nearby economies
- Albania — -5.05 billion (2025)
- Armenia — -336.98 billion (2025)
- Austria — -953.6 million (2024)
- Azerbaijan — -3.38 billion (2025)
- Belarus — -3.39 billion (2025)
- Belgium — 10.13 billion (2024)
- Bosnia and Herzegovina — 324,300 (2025)
- Bulgaria — -5.95 billion (2025)
- Croatia — -980.39 million (2025)
More economic policy & debt data for Estonia
- Adjusted savings, education expenditure (% of GNI) — 4.76% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$274.52 million (2021)
- Net financial flows, IBRD (NFL, current US$) — US$0 (2016)
- GDP (current LCU) — 41.62 billion (2025)
- GDP, linked series (current LCU) — 41.62 billion (2025)
- GDP (constant 2015 US$) — US$27.72 billion (2025)
- GDP (constant LCU) — 29.11 billion (2025)
- GDP, PPP (current international $) — 71.2 billion (2025)
- GDP, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is Estonia's net primary income (net income from abroad) (current LCU)?
- -801.7 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 246.08% from -231.65 million in 2000. The highest value was -231.65 million in 2000 and the lowest -1.11 billion in 2007.
- How does Estonia rank?
- 20th highest of 39 economies with data for 2024.
- Is the latest change in net primary income (net income from abroad) (current LCU) unusual for Estonia?
- In 2024, Estonia's net primary income (net income from abroad) (current LCU) rose 216.1 million on 2023 (from -1.02 billion to -801.7 million). Across the 23 yearly changes before that (2001 to 2023), the average change was −34.18 million and a typical year strayed about 210 million from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GSR.NFCY.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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