GDP in Estonia

Estonia: GDP was 28.95 billion in 2024. β–² Rising

Latest (2024)
28.95 billion
Change on year
down 0.1%
World rank
63rd
of 74 countries
All-time high
30.16 billion
in 2021
All-time low
10.35 billion
in 1994
Years of data
35
1990–2024

GDP in Estonia, 1990–2024

10.0B15.0B20.0B25.0B30.0B1990200720241990: 15.4B1991: 14.2B1992: 11.2B1993: 10.5B1994: 10.4B1995: 10.8B1996: 11.4B1997: 12.8B1998: 13.4B1999: 13.3B2000: 14.7B2001: 15.5B2002: 16.6B2003: 17.9B2004: 19.1B2005: 20.9B2006: 23.0B2007: 24.7B2008: 23.4B2009: 20.0B2010: 20.5B2011: 22.1B2012: 22.9B2013: 23.3B2014: 24.0B2015: 24.5B2016: 25.2B2017: 26.7B2018: 27.7B2019: 28.7B2020: 27.9B2021: 30.2B2022: 29.8B2023: 29.0B2024: 28.9B

Source: UNICEF.

Analysis

The most recent figure for gdp in Estonia is 28.95 billion, measured in 2024.

Compared with earlier readings it is down 0.1% on the previous year and up 20.4% over ten years.

Over the whole period, gdp in Estonia peaked at 30.16 billion in 2021 and was at its lowest, 10.35 billion, in 1994.

That places Estonia 63rd out of 74 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.34 billion 10.35 billion 15.40 billion 10
2000s 19.59 billion 14.69 billion 24.71 billion 10
2010s 24.55 billion 20.50 billion 28.69 billion 10
2020s 29.14 billion 27.86 billion 30.16 billion 5

Countries ranked near Estonia

  1. 60 Jordan 33.40 billion compare
  2. 61 Latvia 31.54 billion compare
  3. 62 Cyprus 29.42 billion compare
  4. 64 Malta 19.72 billion compare
  5. 65 Bahrain 15.14 billion compare
  6. 66 Sudan 11.84 billion compare

See the full ranking of 74 places β†’

More economy & growth data for Estonia

All data for Estonia β†’

Frequently asked questions

What is gdp in Estonia?
Gdp in Estonia was 28.95 billion in 2024, according to UNICEF.
What is the highest gdp recorded in Estonia?
The highest recorded value was 30.16 billion in 2021.
What is the lowest gdp recorded in Estonia?
The lowest recorded value was 10.35 billion in 1994.
How does Estonia rank for gdp?
Estonia ranks 63rd out of 74 countries with data for 2024.
Is gdp rising or falling in Estonia?
Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
Where does this Estonia data come from?
The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Estonia. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/gdp-constant-lcu-3/estonia/

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About this data

Indicator
GDP (constant LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,684 data points, 1960–2024
Last refreshed