Annual growth of the gross capital formation in Estonia
Estonia: Annual growth of the gross capital formation was -2.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Estonia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Estonia stood at -2.6%.
The figure is up 62.6% on the previous year and down 160.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Estonia peaked at 31.4% in 2006 and was at its lowest, -42.3%, in 2009.
That places Estonia 122nd out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 22.0% | — |
| 2001 | 14.5% | -34.2% |
| 2002 | 23.8% | +64.4% |
| 2003 | 17.9% | -24.6% |
| 2004 | 7.1% | -60.3% |
| 2005 | 7.0% | -1.1% |
| 2006 | 31.4% | +346.6% |
| 2007 | 11.6% | -63.3% |
| 2008 | -19.7% | -270.3% |
| 2009 | -42.3% | +115.2% |
| 2010 | 7.1% | -116.8% |
| 2011 | 29.1% | +308.3% |
| 2012 | 18.7% | -35.9% |
| 2013 | -3.4% | -118.2% |
| 2014 | 4.3% | -225.7% |
| 2015 | -5.3% | -225.6% |
| 2016 | 5.6% | -205.0% |
| 2017 | 13.3% | +137.2% |
| 2018 | 13.7% | +2.4% |
| 2019 | -0.5% | -104.0% |
| 2020 | -3.6% | +574.1% |
| 2021 | 13.7% | -475.5% |
| 2022 | -8.1% | -159.0% |
| 2023 | -6.9% | -14.4% |
| 2024 | -2.6% | -62.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | -42.3% | 31.4% | 10 |
| 2010s | 8.2% | -5.3% | 29.1% | 10 |
| 2020s | -1.5% | -8.1% | 13.7% | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Gross capital formation (constant 2015 US$), annual growth rate 5.4 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1586 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,457 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.98 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.774 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 26,638 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 7.26 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.6849 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 23,574 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.05 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Estonia?
- Annual growth of the gross capital formation in Estonia was -2.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Estonia?
- The highest recorded value was 31.4% in 2006.
- What is the lowest annual growth of the gross capital formation recorded in Estonia?
- The lowest recorded value was -42.3% in 2009.
- How does Estonia rank for annual growth of the gross capital formation?
- Estonia ranks 122nd out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Estonia?
- Over the last ten years it is down 160.6%. 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 growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).