Estonia M2 Growth

Key information about Estonia M2 Growth

• Estonia Money Supply M2 increased 4.9 % YoY in Mar 2026, compared with a growth of 3.3 % in the previous month
• Estonia Money Supply M2 growth data is updated monthly, available from Jan 2012 to Mar 2026
• The data reached an all-time high of 27.2 % in Oct 2021 and a record low of 1.1 % in Jan 2023

CEIC calculates monthly M2 Growth Rate from monthly M2. The Bank of Estonia provides M2 in EUR. Estonia is part of the Euro Area since January 2011 and the reported figure corresponds to its contribution to the Euro money supply.


Further information about Estonia M2 Growth

• In the latest reports, Estonia Foreign Exchange Reserves was measured at 1.8 USD bn in Mar 2026
• The Foreign Exchange Reserves equaled 0.9 Months of Import in Feb 2026
• Estonia Domestic Credit reached 0.0 USD mn in May 2025, representing an drop of 100.0 % YoY
• The country's Non Performing Loans Ratio stood at 0.3 % in Mar 2026, compared with the ratio of 0.3 % in the previous month
• Household Debt of Estonia reached 19.8 USD bn in Dec 2025, accounting for 40.6 % of the country's Nominal GDP

View Estonia's M2 Growth from Jan 2012 to Mar 2026 in the chart:

What was Estonia's M2 Growth in Mar 2026?

Estonia Money Supply M2 increased 4.9 % YoY in Mar 2026, compared with a growth of 3.3 % in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
4.9 Mar 2026	3.3 Feb 2026	1.1 Jan 2023	27.2 Oct 2021	%	monthly	Jan 2012 - Mar 2026

M2 Growth by Country Comparison

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Estonia Key Series

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