External balance on goods and services as a percent of GDP in Estonia
Estonia: External balance on goods and services as a percent of GDP was 1.0% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Estonia, 1993–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Estonia recorded 1.0% for external balance on goods and services as a percent of gdp in 2025.
The figure is up 220.2% on the previous year and down 72.9% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Estonia peaked at 6.4% in 2010 and was at its lowest, -10.4%, in 1996.
Estonia ranks 71st of 191 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.
External balance on goods and services as a percent of GDP in Estonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | -3.9% | — |
| 1994 | -9.9% | +156.9% |
| 1995 | -7.3% | -26.8% |
| 1996 | -10.4% | +43.0% |
| 1997 | -10.3% | -1.3% |
| 1998 | -9.6% | -7.0% |
| 1999 | -4.4% | -54.2% |
| 2000 | -3.2% | -26.1% |
| 2001 | -4.0% | +22.1% |
| 2002 | -7.4% | +87.2% |
| 2003 | -8.5% | +14.1% |
| 2004 | -7.8% | -7.5% |
| 2005 | -5.1% | -35.2% |
| 2006 | -10.1% | +99.5% |
| 2007 | -8.8% | -13.0% |
| 2008 | -3.9% | -55.6% |
| 2009 | 5.0% | -227.1% |
| 2010 | 6.4% | +29.3% |
| 2011 | 5.8% | -9.8% |
| 2012 | 1.6% | -71.7% |
| 2013 | 2.3% | +40.6% |
| 2014 | 3.2% | +39.8% |
| 2015 | 3.6% | +10.4% |
| 2016 | 3.2% | -9.9% |
| 2017 | 4.0% | +23.9% |
| 2018 | 2.3% | -41.7% |
| 2019 | 3.7% | +59.2% |
| 2020 | -1.1% | -129.4% |
| 2021 | -1.2% | +14.4% |
| 2022 | -0.8% | -33.3% |
| 2023 | 1.0% | -215.6% |
| 2024 | 0.3% | -68.5% |
| 2025 | 1.0% | +220.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.0% | -10.4% | -3.9% | 7 |
| 2000s | -5.4% | -10.1% | 5.0% | 10 |
| 2010s | 3.6% | 1.6% | 6.4% | 10 |
| 2020s | -0.2% | -1.2% | 1.0% | 6 |
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 external balance on goods and services as a percent of gdp in Estonia?
- External balance on goods and services as a percent of gdp in Estonia was 1.0% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Estonia?
- The highest recorded value was 6.4% in 2010.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Estonia?
- The lowest recorded value was -10.4% in 1996.
- How does Estonia rank for external balance on goods and services as a percent of gdp?
- Estonia ranks 71st out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Estonia?
- Over the last ten years it is down 72.9%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.