Bank Lending Rate in Estonia decreased to 3.46 percent in October from 3.72 percent in September of 2018. Bank Lending Rate in Estonia averaged 3.85 percent from 2003 until 2018, reaching an all time high of 7.19 percent in January of 2003 and a record low of 2.83 percent in November of 2012.
Bank Lending Rate in Estonia is expected to be 3.59 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Estonia to stand at 3.84 in 12 months time. In the long-term, the Estonia Bank Lending Rate is projected to trend around 4.34 percent in 2020, according to our econometric models.