Bank assets as a share of GDP reached 110 % in 2017 in Estonia, according to the National Central Bank. This is 5.68 % less than in the previous year.
Historically, bank assets as a share of GDP in Estonia reached an all time high of 146 % in 2009 and an all time low of 35.8 % in 1995. When compared to Estonia's main peers, bank assets as a share of GDP in Finland amounted to 216 %, 103 % in Latvia, 225 % in Lithuania and 84.6 % in Russia in 2017.
Estonia has been ranked 43rd within the group of 119 countries we follow in terms of bank assets as a share of GDP, 7 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.