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Exports of Services (BoP, USD) rose 48.4% to USD 9.73 bil in Estonia in 2021

Exports of Services (BoP, USD) (USD bil), 2021
Economy | Estonia | February 1, 2023
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Exports of services as a part of balance of payment rose 48.4% to USD 9.73 bil in Estonia in 2021, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Estonia reached an all time high of USD 9.73 bil in 2021 and an all time low of USD 0.203 bil in 1992. When compared to Estonia's main peers, exports of services as a part of balance of payment in Finland amounted to USD 33.3 bil, USD 6.13 bil in Latvia, USD 16.0 bil in Lithuania and USD 55.7 bil in Russia in 2021.

Estonia has been ranked 56th within the group of 140 countries we follow in terms of exports of services as a part of balance of payment, 8 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia USD bil 54.9 58.0 65.2 69.4 71.0
Belarus USD bil 6.69 6.88 7.91 8.84 9.64
China USD bil 217 208 213 234 244
Estonia USD bil 5.86 6.10 6.92 7.87 8.05
Finland USD bil 24.2 25.4 28.9 31.7 34.4
Germany USD bil 281 293 322 357 356
Indonesia USD bil 22.2 23.3 25.3 31.2 31.6
Japan USD bil 163 176 187 194 209
Latvia USD bil 4.85 5.12 5.66 6.29 6.25
Lithuania USD bil 6.69 7.54 9.46 11.4 13.3
New Zealand USD bil 15.2 16.1 17.5 18.3 18.2
Papua New Guinea USD bil 0.146 0.126 0.298 0.388 ... ... ...
Russia USD bil 51.6 50.6 57.5 64.6 62.0
USA USD bil 769 783 837 866 891