Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Estonia
ESTB6FATT01NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192,400,000.00
Year-over-Year Change
-92.70%
Date Range
1/1/1993 - 10/1/2024
Summary
The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Estonia measures the net flow of financial assets and liabilities between Estonia and the rest of the world. It is a key indicator of Estonia's international financial position and integration.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend captures Estonia's financial transactions with foreign countries, including cross-border investments, loans, and other capital flows. It provides insight into Estonia's international financial standing and helps analysts understand the country's capital account dynamics.
Methodology
The data is collected and compiled by the Bank of Estonia as part of the country's balance of payments statistics.
Historical Context
Policymakers and economists use this metric to assess Estonia's financial stability, external vulnerabilities, and international competitiveness.
Key Facts
- Estonia's financial account net position was -1.16 billion euros in 2021.
- The financial account balance has fluctuated significantly over the past decade.
- Estonia's international investment position was -32% of GDP at the end of 2021.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Estonia measures the net flow of financial assets and liabilities between Estonia and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Estonia's international financial standing and helps analysts understand the country's capital account dynamics, which is crucial for assessing financial stability and external vulnerabilities.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank of Estonia as part of the country's balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Estonia's financial stability, external vulnerabilities, and international competitiveness.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical lag of 3 months.
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Estonia (ESTB6FATT01NCCUQ), retrieved from FRED.