Estonia's foreign-exchange reserves (ex-gold) rose to USD 2.35 billion in August 2026, from USD 2.33 billion in July 2026. The August figure marks the second consecutive monthly increase, following a decline from February's recent high of USD 2.51 billion. Despite the uptick, reserves remain well below the all-time high of USD 4.26 billion recorded in July 2008, and above the all-time low of USD 0.21 billion from December 2011. The value is also lower than the USD 2.41 billion reported a year earlier, according to the International Monetary Fund.

Estonia Foreign-Exchange Reserves Rise in August

Estonia's current account goods deficit widened to -1,242.3 million USD in the second quarter of 2026, from -826.8 million USD in the previous quarter. This is the largest deficit on record, surpassing the previous all-time low set in the same quarter, according to data from the International Monetary Fund.

Estonia Current Account Goods Widens Deficit

Estonia's tourism revenues rose to $565.7 million in the second quarter of 2026 from $376.5 million in the previous quarter. The figure remains below the all-time high of $622.7 million set in the third quarter of 2025. On a year-over-year basis, revenues were up from $517.5 million in the second quarter of 2025, according to the International Monetary Fund.

Estonia Tourism Revenues Rebounds

Current Account Services rose to $1.2B in the period ending 2026-06-30, from $922.1M in 2026-03-31. The comparison uses the same published series and measurement basis. The latest observation is the newest available period in a history running from 1992-03-31 through 2026-06-30. No forecast or consensus estimate is included. The current reading and historical comparison are reported by International Monetary Fund.

Estonia Current Account Services Rises

Estonia's annual inflation rate fell to 1.51% in August 2026 from 2.18% in July, marking the lowest reading since March 2021. The decline extends a three-month falling streak, with the rate down sharply from 6.14% a year earlier. The print remains far below the all-time high of 24.78% recorded in August 2022, according to the International Monetary Fund.

Estonia Inflation Falls to Lowest Since 2021

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