Estonia Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Estonia's gross savings was 24.17% in 2025, ranked 61st globally. This represents a 0.9% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Estonia's gross savings stood at 24.17% in 2025, a rise of +0.21% from 2024. The IMF projects 24.17% by 2025. Estonia ranked 61st globally.
Estonia’s gross savings ratio has risen steadily since the early 1990s, moving from 19.98 % in 1993 to a peak of 28.40 % in 2018, before settling at 24.17 % in 2025, which places the country 61st globally. The post‑Soviet transition era saw the lowest point of 16.54 % in 1994, reflecting the fiscal pressures of restructuring, while the 2010s were marked by strong fiscal consolidation that pushed savings above 27 % for several years. Estonia’s current level is closely aligned with peers such as Malta (24.24 %) and Belarus (24.07 %), indicating a convergence among small open economies that combine high digitalization with disciplined public finances. The 33‑year record suggests that the savings rate remains responsive to macro‑policy and external shocks; continued investment in technology and a stable fiscal framework could sustain the upward trajectory, whereas a resurgence of external debt pressures might reverse the trend.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 23.42% | - | - |
| 2029* IMF | 23.56% | - | - |
| 2028* IMF | 23.45% | - | - |
| 2027* IMF | 23.48% | - | - |
| 2026* IMF | 23.53% | - | - |
| 2025* IMF | 24.17% | - | - |
| 2025 | 24.17% | +0.21% | #61 |
| 2024 | 23.97% | −0.03% | #76 |
| 2023 | 23.94% | −0.68% | #82 |
| 2022 | 25.74% | −1.54% | #68 |
| 2021 | 27.27% | +0.15% | #64 |
| 2020 | 27.15% | −1.22% | #50 |
| 2019 | 28.36% | −0.04% | #58 |
| 2018 | 28.40% | +0.78% | #56 |
| 2017 | 28.27% | +2.59% | #52 |
| 2016 | 26.00% | −0.11% | #52 |
| 2015 | 26.41% | −0.90% | #54 |
| 2014 | 27.50% | +0.77% | #45 |
| 2013 | 27.08% | −0.12% | #50 |
| 2012 | 27.20% | +0.42% | #52 |
| 2011 | 26.78% | +3.41% | #55 |
Detected Pattern
Analysis
Estonia matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Estonia's gross savings was 24.17% in 2025. Ranked 61st globally. This represents a 0.9% increase from the previous year.
Estonia's gross savings peaked at 28.40% in 2018.
The lowest gross savings in Estonia was 16.54% in 1994.
Estonia ranks 61st globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Estonia's gross savings is projected to reach 24.17% by 2025 based on IMF projection.
The gross savings of Estonia in 2025 was 24.17%. This ranks 61st in the world.
Cite this page
@misc{historysaid_estonia_gross-savings,
title = {Estonia Gross Savings},
url = {https://historysaid.com/estonia/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}