Statistics

As of 2025, the portfolio of the members of the Estonian Leasing Association was 3.1 billion euros. Decreasing by almost 3% compared to 2024.
New sales decreased by 25% in the same period, amounting to 1.1 billion euros.

The exceptionally large decline in the leasing market was primarily related to the vehicle registration fee and annual tax that came into effect on January 1, 2025. Also due to the general uncertain economic climate and geopolitical situation. Leasing financing last fell by 25% due to the economic crisis in 2009, having already fallen by 22% in 2008.

All vehicles: Compared to the previous year, financing of all vehicles decreased by 40%. A total of 24,114 vehicles were financed in the amount of 722 million euros. In 2024, the corresponding figures were 39,873 vehicles and 1.1 billion euros.

Passenger car financing decreased by 42% last year. A total of 19,908 passenger cars were financed, which was 14,289 fewer than in the previous period. 9,000 new vehicles were financed, which was 7,822 fewer than in the previous period. Used vehicle financing decreased by 6,467 vehicles.

Vehicles under 3.5 t: Van financing decreased by 35%, a total of 2,162 vehicles were financed, which was 1,145 fewer than a year ago.

Financing of vehicles over 3.5 t decreased by 14%. A total of 2,044 vehicles were financed, i.e. 325 fewer than in the previous period. In this category, only the financing of trailers (27%) and trucks (11%) increased.

In the field of machinery/equipment, financing increased by 13%. The financing of various machinery and equipment increased the most (95%), but the share of this equipment group in the overall portfolio is only 6%. Thus, the real growth was driven by forestry equipment (66%), followed by construction equipment (24%), goods handling equipment (12%), and agricultural equipment (11%). The financing of medical equipment (-33%) and production equipment (-31%) was in a sharp decline.

The quality of the credit portfolio in the leasing sector continued to be very good. While the number of lease payments overdue for more than 60 days was 0.24% at the end of 2024, it was 0.17% of the total portfolio at the end of 2025.

Interest rates have fallen from an average of six (6.1%) percent to four (4.1%) percent at the end of 2025.

The total factoring portfolio balance was 415 million euros, which was a 17% increase compared to 2025. Factoring turnover increased by 3% to 3.3 billion euros.

The Estonian Leasing Association has nine members. The members cover an estimated 98% of the total leasing market.

Leasing plays an important part in Estonian economy. According to the valuation of the Association and World Leasing Yearbook the annual leasing volume of Estonia, as a percentage of GDP has been one of world highest for the last fifteen years.

The Association has been in cooperation with Baltic collages and together we have launched PanBaltic Non Registered Assets Database (NRAD) to prevent double financing and to discover fraud not only in Estonia, but also cross checking Latvian and Lithuanian leased asset databases. So all assets financed by our members that are not registered on any other Baltic register are inserted to that database and cross examination is automatically performed. Results are very good and all the partners are satisfied with the outcome. Access is granted also to Tax authorities and Police - Border Guard Office.