MFI corporate loan balances in Estonia

MFI corporate loan balances in Estonia was €13.12 billion in August 2026, according to the European Central Bank. That is up 11.7% from August 2025. That is the 17th highest of 21 EU countries in August 2026.

August 2026, EUR million13,117 Provisional
Change on August 2025+11.7%
Rank17th of 21EU countries ranked
Series high13,117August 2026
Series low5,967April 2012
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MFI corporate loan balances in Estonia, January 2008 to August 2026

4,0006,0008,00010K12K14K2008-012010-092013-052016-012018-092021-052024-012026-082026-08: 13,117 EUR million4,0006,0008,00010K12K14K2008-012014-042020-072026-082026-08: 13,117 EUR million
EUR million. Source: ECB, ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). Retrieved 2026-10-12.
All 224 values
PeriodEUR million
2026-0813,117 Provisional
2026-0712,929
2026-0612,919
2026-0512,678
2026-0412,657
2026-0312,533
2026-0212,533
2026-0112,242
2025-1212,297
2025-1112,156
2025-1011,996
2025-0911,922
2025-0811,738
2025-0711,624
2025-0611,496
2025-0511,408
2025-0411,307
2025-0311,245
2025-0211,229
2025-0111,098
2024-1211,148
2024-1110,883
2024-1010,632
2024-0910,455
2024-0810,426
2024-0710,395
2024-0610,203
2024-0510,101
2024-0410,105
2024-0310,062
2024-0210,054
2024-0110,125
2023-1210,070
2023-1110,099
2023-1010,036
2023-099,945
2023-089,678
2023-079,552
2023-069,530
2023-059,509
2023-049,474
2023-039,386
2023-029,412
2023-019,486
2022-129,460
2022-119,374
2022-109,331
2022-099,248
2022-089,115
2022-078,986
2022-068,868
2022-058,802
2022-048,654
2022-038,535
2022-028,452
2022-018,426
2021-128,403
2021-118,210
2021-108,159
2021-097,992
2021-087,949
2021-077,837
2021-067,769
2021-057,757
2021-047,799
2021-037,806
2021-027,668
2021-017,668
2020-127,708
2020-117,765
2020-107,647
2020-097,563
2020-087,531
2020-077,549
2020-067,494
2020-057,546
2020-047,534
2020-037,585
2020-027,537
2020-017,505
2019-127,378
2019-117,440
2019-107,467
2019-097,609
2019-087,630
2019-077,673
2019-067,624
2019-057,597
2019-047,536
2019-037,516
2019-027,523
2019-017,531
2018-127,402
2018-117,396
2018-107,306
2018-097,291
2018-087,279
2018-077,236
2018-067,271
2018-057,260
2018-047,249
2018-037,282
2018-027,241
2018-017,182
2017-127,117
2017-117,172
2017-107,013
2017-096,975
2017-087,597
2017-077,626
2017-067,622
2017-057,624
2017-047,631
2017-037,621
2017-027,612
2017-017,572
2016-127,523
2016-117,570
2016-107,500
2016-097,395
2016-087,352
2016-077,284
2016-067,225
2016-057,169
2016-047,104
2016-037,103
2016-027,082
2016-017,012
2015-126,951
2015-116,899
2015-106,873
2015-096,877
2015-086,840
2015-076,864
2015-066,642
2015-056,641
2015-046,579
2015-036,565
2015-026,563
2015-016,540
2014-126,560
2014-116,632
2014-106,627
2014-096,607
2014-086,596
2014-076,531
2014-066,492
2014-056,443
2014-046,414
2014-036,355
2014-026,359
2014-016,374
2013-126,290
2013-116,288
2013-106,251
2013-096,282
2013-086,190
2013-076,143
2013-066,157
2013-056,140
2013-046,222
2013-036,324
2013-026,280
2013-016,282
2012-126,195
2012-116,165
2012-106,104
2012-096,134
2012-086,064
2012-076,052
2012-065,976
2012-055,990
2012-045,967
2012-035,968
2012-025,978
2012-016,049
2011-126,004
2011-115,976
2011-106,076
2011-096,112
2011-086,116
2011-076,122
2011-066,310
2011-056,285
2011-046,271
2011-036,321
2011-026,418
2011-016,466
2010-126,519
2010-116,596
2010-106,611
2010-096,672
2010-086,702
2010-076,721
2010-066,778
2010-056,854
2010-046,865
2010-036,910
2010-027,035
2010-017,073
2009-126,944
2009-117,042
2009-107,084
2009-097,103
2009-087,147
2009-077,183
2009-067,212
2009-057,243
2009-047,220
2009-037,264
2009-027,305
2009-017,304
2008-127,321
2008-117,418
2008-107,374
2008-097,471
2008-087,450
2008-077,407
2008-067,354
2008-057,292
2008-047,201
2008-037,138
2008-027,073
2008-017,039

Estonia compared with nearby places

Austria: 247,322 EUR millionBelgium: 202,270 EUR millionBulgaria: 29,997.21 EUR millionCyprus: 11,155 EUR millionGermany: 1,384,593 EUR millionEstonia: 13,117 EUR millionSpain: 501,494 EUR millionFinland: 114,750 EUR millionFrance: 1,474,515 EUR millionGreece: 84,035 EUR millionCroatia: 18,877 EUR millionIreland: 59,715 EUR millionItaly: 634,091 EUR millionLithuania: 16,070 EUR millionLuxembourg: 65,346 EUR millionLatvia: 7,757 EUR millionMalta: 6,529.59 EUR millionNetherlands: 473,781 EUR millionPortugal: 78,948.46 EUR millionSlovenia: 12,229.86 EUR millionSlovakia: 26,207.02 EUR million
  • Under 10K
  • 10K to 30K
  • 30K to 80K
  • 80K to 470K
  • 470K and over
  • No data
MFI corporate loan balances, August 2026, EUR million. Estonia is outlined. Same source and period for every area shown. Source: European Central Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

End-of-month stock of loans from resident MFIs excluding central banks to non-financial corporations resident in the euro area, in EUR millions.

Loan stocks are outstanding balances, rather than new lending or transaction flows. They differ from ECB adjusted loan series, which account for loan transfers and notional cash pooling. End-of-month balances, neither seasonally nor working-day adjusted. The country identifies the reporting monetary financial institutions (MFIs), excluding central banks; borrowers or depositors reside anywhere in the euro area. These are not balances of domestic residents only. Households include non-profit institutions serving households. All currencies are combined and reported in EUR millions. The euro area has changing membership; histories vary and missing values are not filled.

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How to cite

European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.

Citation styles

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APA 7

European Central Bank. (n.d.). ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E) (MFI corporate loan balances, Estonia, 2008-01 to 2026-08) [Data set]. Retrieved October 12, 2026, from https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata

MLA 9

ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E), MFI corporate loan balances, Estonia, 2008-01 to 2026-08. European Central Bank, https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Invokely, https://invokely.ai/en/mfi-corporate-loan-balances/estonia. Accessed 12 Oct. 2026.

Chicago (author-date)

European Central Bank. n.d. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). MFI corporate loan balances, Estonia, 2008-01 to 2026-08. Dataset. Accessed October 12, 2026. https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Also distributed by Invokely, https://invokely.ai/en/mfi-corporate-loan-balances/estonia.

Harvard

European Central Bank (no date) ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E), MFI corporate loan balances, Estonia, 2008-01 to 2026-08 [Dataset]. Available at: https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata, via Invokely: https://invokely.ai/en/mfi-corporate-loan-balances/estonia (Accessed: 12 October 2026).

BibTeX
@misc{european_mfi_corporate_loan_balances_2026,
  author = {{European Central Bank}},
  title = {{ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E): MFI corporate loan balances, Estonia, 2008-01 to 2026-08}},
  howpublished = {Data set},
  url = {https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/mfi-corporate-loan-balances/estonia. Publisher attribution: European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - European Central Bank
TI  - ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E): MFI corporate loan balances, Estonia, 2008-01 to 2026-08
PB  - European Central Bank
DB  - Invokely
UR  - https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata
L2  - https://invokely.ai/en/mfi-corporate-loan-balances/estonia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/mfi-corporate-loan-balances/estonia.
N1  - Publisher attribution: European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.
ER  - 
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Questions

What is the MFI corporate loan balances in Estonia?

MFI corporate loan balances in Estonia was €13.12 billion in August 2026, according to the European Central Bank. That is up 11.7% from August 2025. That is the 17th highest of 21 EU countries in August 2026.

Where does this figure come from?

European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). Retrieved by Invokely on 2026-10-12.

What was the highest MFI corporate loan balances in Estonia?

€13.12 billion in August 2026, the highest value since January 2008 in this series.

MFI corporate loan balances elsewhere in European Union (27)

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