Bank Lending Rate in Estonia decreased to 3.40 percent in April from 3.79 percent in March of 2019. Bank Lending Rate in Estonia averaged 5.11 percent from 2000 until 2019, reaching an all time high of 9.97 percent in June of 2000 and a record low of 2.83 percent in November of 2012.
Bank Lending Rate in Estonia is expected to be 3.49 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 3.74 in 12 months time. In the long-term, the Estonia Bank Lending Rate is projected to trend around 4.24 percent in 2020, according to our econometric models.