Regulation will allow for opening bank accounts without visiting branches

Estonian residents and e-residents will be able to open current accounts without visiting bank branches according to a draft regulation of the Minister of Finance.


State Budget 2016

The planned expenditures of the draft state budget for 2016 are 8.9 billion euros, a growth of 4.2 percent or 358 million over the 2015 budget. The general government budget is projected to reach a structural surplus of 0.6 per cent of GDP.

Defence expenditures will reach 2.07 per cent of forecast GDP. This means an increase of 37.1 million euros, or 9 per cent over 2015. The national defence budget of 451 million euros will ensure the development of defence capabilities.Read more

Summer 2015 Forecast

The gross domestic product of Estonia will increase by 1.7 per cent in 2015 and 2.6 per cent in 2016.

Consumer price inflation will be -0.3 per cent in 2015 and will resume to 2.0 per cent in 2016.

Unemployment will continue to fall, with the unemployment rate expected to decrease to 6.5 per cent in 2015 and to 6.3 per cent in 2016.

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Mistakes or Delays in Payments

If you have made a mistake with the reference number in a bank transfer while paying a levy or fee to the Estonian government, paid the wrong amount or wish to opt out from a service, please contact the institution whom the reference number belongs to.

If you have not received your payment or salary in time, please contact the relevant institution.

More information by phone +372 611 3819 or e-mail abi dot kassa at fin dot ee