Makrognosis

Estonia Cost of borrowing for non-financial corporations (new business)

MonthlyNot seasonally adjustedCode EE.BANKRATENFC.M.NSA

Latest4.6%August 2026
Previous5.2%July 2026
Year ago4.4%August 2025

Estonia Cost of borrowing for non-financial corporations (new business) was 4.6% in August 2026, down 0.6 percentage points from July 2026 and up 0.3 percentage points from a year earlier.

Over the past ten years it has ranged from 2.1% (Sep 2017) to 7.3% (Mar 2024), averaging 4.0%.

Estonia Cost of borrowing for non-financial corporations (new business) (% per annum), Jan 2000 – Aug 20262%4%6%8%10%200020052010201520202025Robomacro
Estonia Cost of borrowing for non-financial corporations (new business) (% per annum), Jan 2000 – Aug 2026. Source: European Central Bank.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
August 20264.6%
July 20265.2%
June 20265.0%
May 20264.7%
April 20264.9%
February 20264.4%
January 20264.5%
December 20254.6%
October 20254.5%
September 20254.5%
August 20254.4%
July 20254.2%
April 20255.2%
March 20255.1%
September 20246.7%
July 20246.9%
June 20246.3%
May 20246.9%
April 20246.7%
March 20247.3%
February 20247.2%
December 20237.1%
August 20236.6%
July 20236.3%

Last 24 observations. The full history (260 observations) is available through the API.

Get Estonia Cost of borrowing for non-financial corporations (new business) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EE.BANKRATENFC.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EE.BANKRATENFC.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationAugust 2026
First observationJanuary 2000
Observations260
FrequencyMonthly
Units% per annum
AdjustmentNot seasonally adjusted
10-year high7.3% (Mar 2024)
10-year low2.1% (Sep 2017)
10-year average4.0%
Source agencyEuropean Central Bank
Makrognosis codeEE.BANKRATENFC.M.NSA

Other Estonia indicators

Estonia GDP (Gross Domestic Product)Estonia Gross domestic product, Current prices, million EUREstonia Inflation Rate (CPI)Estonia Core Inflation RateEstonia Unemployment RateEstonia 10-Year Government Bond YieldEstonia Credit Rating & Sovereign Risk ScoreEstonia Industrial ProductionEstonia Retail SalesEstonia Producer Price Inflation (PPI)Estonia Current account balance (BPM6, vs rest of world), not seasonally adjustedEstonia Current account balance, % of GDPEstonia Trade Balance: Goods & ServicesEstonia Exports of goods and services, Current prices, million EUREstonia Exports of goods and services, chain-linked volumeEstonia Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current cost of borrowing for non-financial corporations (new business) in Estonia?
The latest reading is 4.6% for August 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code EE.BANKRATENFC.M.NSA.

Last updated 2026-11-03. Source: European Central Bank. Original title: “Estonia - Cost of borrowing for non-financial corporations (new business)”.