Money in Estonia
Over the past decade up to 2022, the Estonian economy recorded an average money supply growth rate of 10.4% in money supply, which was above the Euro Area average of 5.5%. In 2022, the money supply growth was 1.1%. For more monetary base information, visit our dedicated page.
Estonia Money Supply Chart
Note: This chart displays Money (annual variation in %) for Estonia from 2023 to 2022.
Source: Macrobond.
Estonia Money Supply Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Money (ann. var. of M2 %) | 9.5 | 19.4 | 20.2 | 1.1 | 5.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Estonian money supply projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable money supply forecast available for Estonian money supply.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Estonian money supply projections.
Want to get access to the full dataset of Estonian money supply forecasts? Send an email to info@focus-economics.com.