Annual GDP growth in Estonia
Estonia: Annual GDP growth was -0.1% in 2024. ◆ Volatile
Latest (2024)
-0.1%
Change on year
up 96.7%
World rank
190th
of 212 countries
All-time high
10.1%
in 2000
All-time low
-14.6%
in 2009
Years of data
25
2000–2024
Annual GDP growth in Estonia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Estonia recorded -0.1% for annual gdp growth in 2024.
Compared with earlier readings it is up 96.7% on the previous year and down 102.7% over ten years.
Over the whole period, annual gdp growth in Estonia peaked at 10.1% in 2000 and was at its lowest, -14.6%, in 2009.
Estonia ranks 190th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 10.1% | — |
| 2001 | 5.9% | -41.7% |
| 2002 | 6.9% | +17.9% |
| 2003 | 7.6% | +9.7% |
| 2004 | 6.8% | -10.5% |
| 2005 | 9.5% | +40.0% |
| 2006 | 9.8% | +2.5% |
| 2007 | 7.6% | -22.4% |
| 2008 | -5.1% | -167.8% |
| 2009 | -14.6% | +185.2% |
| 2010 | 2.5% | -116.7% |
| 2011 | 7.6% | +210.6% |
| 2012 | 3.7% | -51.8% |
| 2013 | 1.8% | -52.0% |
| 2014 | 3.3% | +88.6% |
| 2015 | 1.8% | -44.6% |
| 2016 | 3.1% | +67.9% |
| 2017 | 5.6% | +82.2% |
| 2018 | 3.7% | -34.3% |
| 2019 | 3.7% | +0.8% |
| 2020 | -2.9% | -177.2% |
| 2021 | 8.2% | -386.5% |
| 2022 | -1.2% | -114.9% |
| 2023 | -2.7% | +122.8% |
| 2024 | -0.1% | -96.7% |
Estonia compared with similar countries
- Estonia's -0.1% is below the median for high income countries, which is 2.1%. (83 countries reporting)
- Estonia's -0.1% is below the median for Europe & Central Asia, which is 2.1%. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | -14.6% | 10.1% | 10 |
| 2010s | 3.7% | 1.8% | 7.6% | 10 |
| 2020s | 0.3% | -2.9% | 8.2% | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Foreign direct investment, net outflows (BoP, current US$), gaps -24.28 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -17.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -838.20 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 75.62 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0178 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -613.4 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 17.56 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0519 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,785 includes gold, current US$ per person (2025)
Frequently asked questions
- What is annual gdp growth in Estonia?
- Annual gdp growth in Estonia was -0.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Estonia?
- The highest recorded value was 10.1% in 2000.
- What is the lowest annual gdp growth recorded in Estonia?
- The lowest recorded value was -14.6% in 2009.
- How does Estonia rank for annual gdp growth?
- Estonia ranks 190th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Estonia?
- Over the last ten years it is down 102.7%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%).