Average economic size of farms by standard output, farm type and age in Estonia
Estonia: Average economic size of farms by standard output, farm type and age was 1.03 billion Euro in 2023. ▲ Rising
Latest (2023)
1.03 billion Euro
Change on year
up 22.6%
World rank
36th
of 40 countries
All-time high
1.03 billion Euro
in 2023
All-time low
482.66 million Euro
in 2005
Years of data
7
2005–2023
Average economic size of farms by standard output, farm type and age in Estonia, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
Estonia recorded 1.03 billion Euro for average economic size of farms by standard output, farm type and age in 2023. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 22.6% on the previous year and up 52.8% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Estonia peaked at 1.03 billion Euro in 2023 and was at its lowest, 482.66 million Euro, in 2005.
Estonia ranks 36th of 40 countries on this measure, in the bottom quarter.
Average economic size of farms by standard output, farm type and age in Estonia, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 482.66 million Euro | — |
| 2007 | 491.34 million Euro | +1.8% |
| 2010 | 594.58 million Euro | +21.0% |
| 2013 | 676.32 million Euro | +13.7% |
| 2016 | 801.55 million Euro | +18.5% |
| 2020 | 842.92 million Euro | +5.2% |
| 2023 | 1.03 billion Euro | +22.6% |
Estonia compared with similar countries
- Estonia's 1.03 billion Euro is below the median for Europe & Central Asia, which is 7.96 billion Euro, 13% of the median. (29 countries reporting)
- Estonia's 1.03 billion Euro is below the median for high income countries, which is 7.66 billion Euro, 13% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 487.00 million Euro | 482.66 million Euro | 491.34 million Euro | 2 |
| 2010s | 690.82 million Euro | 594.58 million Euro | 801.55 million Euro | 3 |
| 2020s | 938.14 million Euro | 842.92 million Euro | 1.03 billion Euro | 2 |
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 average economic size of farms by standard output, farm type and age in Estonia?
- Average economic size of farms by standard output, farm type and age in Estonia was 1.03 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Estonia?
- The highest recorded value was 1.03 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Estonia?
- The lowest recorded value was 482.66 million Euro in 2005.
- How does Estonia rank for average economic size of farms by standard output, farm type and age?
- Estonia ranks 36th out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Estonia?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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