Estonia: value of e-commerce payments 2022

The monthly transaction value for e-commerce purchases in Estonia increased between January 2020 and December 2022. In the latest period under consideration, over 325 million euros were spent on online orders nationwide. That was nearly 28 percent more than in the corresponding period of the previous year.

Transaction value of e-commerce payments in Estonia from January 2020 to December 2022 (in million euros)

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Release date

January 2023

More information

Region

Estonia

Survey time period

January 2020 to December 2022

Supplementary notes

The source specifies the following information: "The indicator for e-purchases is calculated from the purchases made in Estonia and abroad using bankcards issued in Estonia, purchases made in Estonian online stores using bankcards issued outside Estonia, and some purchases made as payment orders through bank link.

E-purchase payments for goods and services are estimated from the bank link transactions and open banking transactions.

The indicator does not include payments for lottery tickets and other online gambling, payment of state fees, or payments for financial services like insurance payments or loan repayments."

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