Bloomberg News

Estonian Current Account Surplus Reaches Record in Third Quarter

December 09, 2011

Dec. 9 (Bloomberg) -- Estonia’s current-account surplus totaled 300.9 million euros ($402 million) in the third quarter, or 7.3 percent of economic output, the central bank, based in the capital, Tallinn, said today on its website.

That’s the biggest surplus since records began in 1993, according to the bank’s database. The surplus was 2.2 percent in the previous quarter, and 7.1 percent a year earlier.

--Editors: Andrew Langley, Alan Crosby

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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