Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Estonia
Estonia: Gross domestic product (GDP), Current prices, Fiscal year, Domestic was 55.53 billion in 2031. ◆ Volatile
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Estonia, 1993–2031
Source: International Monetary Fund.
Analysis
Estonia recorded 55.53 billion for gross domestic product (gdp), current prices, fiscal year, domestic in 2031. That is the highest value across all 39 years on record.
The figure is up 4.4% on the previous year and up 76.5% over ten years.
Over the whole period, gross domestic product (gdp), current prices, fiscal year, domestic in Estonia peaked at 55.53 billion in 2031 and was at its lowest, 1.50 billion, in 1993.
That places Estonia 24th out of 26 countries with data for 2031, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 1.50 billion | — |
| 1994 | 2.07 billion | +37.4% |
| 1995 | 2.86 billion | +38.5% |
| 1996 | 3.68 billion | +28.6% |
| 1997 | 4.57 billion | +24.3% |
| 1998 | 5.10 billion | +11.5% |
| 1999 | 5.41 billion | +6.0% |
| 2000 | 6.17 billion | +14.1% |
| 2001 | 6.98 billion | +13.1% |
| 2002 | 7.82 billion | +12.1% |
| 2003 | 8.75 billion | +11.8% |
| 2004 | 9.78 billion | +11.8% |
| 2005 | 11.35 billion | +16.0% |
| 2006 | 13.57 billion | +19.6% |
| 2007 | 16.40 billion | +20.9% |
| 2008 | 16.62 billion | +1.3% |
| 2009 | 14.13 billion | -15.0% |
| 2010 | 14.74 billion | +4.3% |
| 2011 | 16.74 billion | +13.6% |
| 2012 | 18.09 billion | +8.0% |
| 2013 | 19.16 billion | +6.0% |
| 2014 | 20.37 billion | +6.3% |
| 2015 | 21.01 billion | +3.2% |
| 2016 | 22.19 billion | +5.6% |
| 2017 | 24.32 billion | +9.6% |
| 2018 | 26.44 billion | +8.7% |
| 2019 | 28.47 billion | +7.7% |
| 2020 | 27.86 billion | -2.2% |
| 2021 | 31.45 billion | +12.9% |
| 2022 | 36.30 billion | +15.4% |
| 2023 | 38.35 billion | +5.7% |
| 2024 | 39.85 billion | +3.9% |
| 2025 | 41.62 billion | +4.4% |
| 2026 | 43.79 billion | +5.2% |
| 2027 | 46.07 billion | +5.2% |
| 2028 | 48.63 billion | +5.6% |
| 2029 | 50.97 billion | +4.8% |
| 2030 | 53.21 billion | +4.4% |
| 2031 | 55.53 billion | +4.4% |
Estonia compared with similar countries
- Estonia's 55.53 billion is below the median for high income countries, which is 2.99 trillion, 2% of the median. (13 countries reporting)
- Estonia's 55.53 billion is below the median for Europe & Central Asia, which is 114.87 billion, 48% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.60 billion | 1.50 billion | 5.41 billion | 7 |
| 2000s | 11.16 billion | 6.17 billion | 16.62 billion | 10 |
| 2010s | 21.15 billion | 14.74 billion | 28.47 billion | 10 |
| 2020s | 40.49 billion | 27.86 billion | 50.97 billion | 10 |
| 2030s | 54.37 billion | 53.21 billion | 55.53 billion | 2 |
Countries ranked near Estonia
- 21 Maldives 170.02 billion compare
- 22 Lithuania 114.87 billion compare
- 23 Latvia 58.97 billion compare
- 25 Brunei Darussalam 26.67 billion compare
- 26 Montenegro 11.33 billion compare
More public sector data for Estonia
- Arms imports 63.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 45.91 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0015 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 152 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 63.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,051 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0334 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 585.07 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross domestic product (gdp), current prices, fiscal year, domestic in Estonia?
- Gross domestic product (gdp), current prices, fiscal year, domestic in Estonia was 55.53 billion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Estonia?
- The highest recorded value was 55.53 billion in 2031.
- What is the lowest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Estonia?
- The lowest recorded value was 1.50 billion in 1993.
- How does Estonia rank for gross domestic product (gdp), current prices, fiscal year, domestic?
- Estonia ranks 24th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, fiscal year, domestic rising or falling in Estonia?
- Over the last ten years it is up 76.5%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Fiscal year, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.