GDP (constant LCU) (UNICEF) in Estonia
Estonia: GDP (constant LCU) (UNICEF) was 28.95 billion in 2024. ▲ 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
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.
GDP (constant LCU) (UNICEF) in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 15.40 billion | — |
| 1991 | 14.17 billion | -8.0% |
| 1992 | 11.17 billion | -21.2% |
| 1993 | 10.53 billion | -5.7% |
| 1994 | 10.35 billion | -1.6% |
| 1995 | 10.82 billion | +4.5% |
| 1996 | 11.36 billion | +4.9% |
| 1997 | 12.84 billion | +13.0% |
| 1998 | 13.40 billion | +4.3% |
| 1999 | 13.34 billion | -0.4% |
| 2000 | 14.69 billion | +10.1% |
| 2001 | 15.55 billion | +5.9% |
| 2002 | 16.63 billion | +6.9% |
| 2003 | 17.89 billion | +7.6% |
| 2004 | 19.11 billion | +6.8% |
| 2005 | 20.93 billion | +9.5% |
| 2006 | 22.97 billion | +9.8% |
| 2007 | 24.71 billion | +7.6% |
| 2008 | 23.44 billion | -5.1% |
| 2009 | 20.01 billion | -14.6% |
| 2010 | 20.50 billion | +2.5% |
| 2011 | 22.06 billion | +7.6% |
| 2012 | 22.87 billion | +3.7% |
| 2013 | 23.27 billion | +1.8% |
| 2014 | 24.05 billion | +3.3% |
| 2015 | 24.49 billion | +1.8% |
| 2016 | 25.25 billion | +3.1% |
| 2017 | 26.67 billion | +5.6% |
| 2018 | 27.66 billion | +3.7% |
| 2019 | 28.69 billion | +3.7% |
| 2020 | 27.86 billion | -2.9% |
| 2021 | 30.16 billion | +8.3% |
| 2022 | 29.79 billion | -1.2% |
| 2023 | 28.97 billion | -2.7% |
| 2024 | 28.95 billion | -0.1% |
Estonia compared with similar countries
- Estonia's 28.95 billion is below the median for high income countries, which is 445.69 billion, 6% of the median. (42 countries reporting)
- Estonia's 28.95 billion is below the median for Europe & Central Asia, which is 490.93 billion, 6% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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.
Download this data
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