Foreign Direct Investment in Estonia decreased by 315.30 EUR Million in the first quarter of 2026. Foreign Direct Investment in Estonia averaged 242.98 EUR Million from 1993 until 2026, reaching an all time high of 2250.20 EUR Million in the fourth quarter of 2023 and a record low of -2195.40 EUR Million in the second quarter of 2022. source: Bank of Estonia

Related	Last	Previous	Unit	Reference
Capital Flows	-11.80	1416.10	EUR Million	Mar 2026
Current Account	-148.40	408.40	EUR Million	Mar 2026
Current Account to GDP	-0.20	-1.20	percent of GDP	Dec 2025
External Debt	42002.70	41541.90	EUR Million	Mar 2026
Foreign Direct Investment	-315.30	553.30	EUR Million	Mar 2026
Remittances	81.70	197.90	EUR Million	Mar 2026

Estonia Foreign Direct Investment - Net Inflows

Estonia is among the leading countries in the Eastern and Central Europe regarding foreign direct investments per capita. Initially a large part of the investments were made through privatisation but gradually the emphasis shifted on investments into other enterprises and establishing new companies. Sweden occupies the first place (33 percent of the direct investments) through the ownership of Estonia's largest banks. In addition, investments are made in telecommunications and numerous other projects. Finland holds the second place among the investors (24 percent), with investments going into banking as well as into other areas such as trade and industry. The remaining foreign investments are distributed between other EU countries (Norway, the UK, Germany, Cyprus, the Netherlands, Luxembourg) and the USA.