Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Estonia
Estonia: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 472.23 Million euro in 2024. ◆ Volatile
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Estonia, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia stood at 472.23 Million euro. That is the highest value across all 20 years on record.
That represents a change of up 16.4% on the previous year and up 278.3% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia peaked at 472.23 Million euro in 2024 and was at its lowest, 46.9 Million euro, in 2005.
Estonia ranks 40th of 54 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Estonia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 46.9 Million euro | — |
| 2006 | 67.09 Million euro | +43.1% |
| 2007 | 81.88 Million euro | +22.0% |
| 2008 | 89.88 Million euro | +9.8% |
| 2009 | 88.21 Million euro | -1.9% |
| 2010 | 116.76 Million euro | +32.4% |
| 2011 | 242.84 Million euro | +108.0% |
| 2012 | 219 Million euro | -9.8% |
| 2013 | 155.6 Million euro | -28.9% |
| 2014 | 124.83 Million euro | -19.8% |
| 2015 | 139.45 Million euro | +11.7% |
| 2016 | 139.21 Million euro | -0.2% |
| 2017 | 143.62 Million euro | +3.2% |
| 2018 | 154.84 Million euro | +7.8% |
| 2019 | 241.5 Million euro | +56.0% |
| 2020 | 264.29 Million euro | +9.4% |
| 2021 | 307.65 Million euro | +16.4% |
| 2022 | 360.73 Million euro | +17.3% |
| 2023 | 405.61 Million euro | +12.4% |
| 2024 | 472.23 Million euro | +16.4% |
Estonia compared with similar countries
- Estonia's 472.23 Million euro is below the median for Europe & Central Asia, which is 3,162 Million euro, 15% of the median. (35 countries reporting)
- Estonia's 472.23 Million euro is below the median for high income countries, which is 6,039 Million euro, 8% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Estonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +108.0% | 116.76 Million euro | 242.84 Million euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.79 Million euro | 46.9 Million euro | 89.88 Million euro | 5 |
| 2010s | 167.77 Million euro | 116.76 Million euro | 242.84 Million euro | 10 |
| 2020s | 362.1 Million euro | 264.29 Million euro | 472.23 Million euro | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Real gdp growth, annual growth rate 748.89 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 4.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0087 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 299.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0241 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 218.94 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.83 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0053 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 181.11 units per person (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Estonia was 472.23 Million euro in 2024, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Estonia?
- The highest recorded value was 472.23 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Estonia?
- The lowest recorded value was 46.9 Million euro in 2005.
- How does Estonia rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Estonia ranks 40th out of 54 countries with data for 2024.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Estonia?
- Over the last ten years it is up 278.3%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
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