GDP (current LCU) (UNICEF) in Estonia

Estonia: GDP (current LCU) (UNICEF) was 39.85 billion in 2024. ◆ Volatile

Latest (2024)
39.85 billion
Change on year
up 3.9%
World rank
63rd
of 74 countries
All-time high
39.85 billion
in 2024
All-time low
53.01 million
in 1990
Years of data
35
1990–2024

GDP in Estonia, 1990–2024

010.0B20.0B30.0B40.0B1990200720241990: 53.0M1991: 113.4M1992: 870.6M1993: 1.5B1994: 2.1B1995: 2.9B1996: 3.7B1997: 4.6B1998: 5.1B1999: 5.4B2000: 6.2B2001: 7.0B2002: 7.8B2003: 8.7B2004: 9.8B2005: 11.3B2006: 13.6B2007: 16.4B2008: 16.6B2009: 14.1B2010: 14.7B2011: 16.7B2012: 18.1B2013: 19.2B2014: 20.4B2015: 21.0B2016: 22.2B2017: 24.3B2018: 26.4B2019: 28.5B2020: 27.9B2021: 31.5B2022: 36.3B2023: 38.4B2024: 39.8B

Source: UNICEF.

Analysis

In 2024, gdp in Estonia stood at 39.85 billion. That is the highest value across all 35 years on record.

That represents a change of up 3.9% on the previous year and up 95.7% over ten years.

Over the whole period, gdp in Estonia peaked at 39.85 billion in 2024 and was at its lowest, 53.01 million, in 1990.

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

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU) (UNICEF) in Estonia, year by year

Annual values for GDP (current LCU) in Estonia, 1990 to 2024.
Year Value Change
1990 53.01 million —
1991 113.43 million +114.0%
1992 870.59 million +667.5%
1993 1.52 billion +74.2%
1994 2.08 billion +37.4%
1995 2.86 billion +37.4%
1996 3.68 billion +28.6%
1997 4.57 billion +24.3%
1998 5.10 billion +11.5%
1999 5.41 billion +6.0%
2000 6.17 billion +14.1%
2001 6.98 billion +13.1%
2002 7.82 billion +12.1%
2003 8.75 billion +11.8%
2004 9.78 billion +11.8%
2005 11.35 billion +16.0%
2006 13.57 billion +19.6%
2007 16.40 billion +20.9%
2008 16.62 billion +1.3%
2009 14.13 billion -15.0%
2010 14.74 billion +4.3%
2011 16.74 billion +13.6%
2012 18.09 billion +8.0%
2013 19.16 billion +6.0%
2014 20.37 billion +6.3%
2015 21.01 billion +3.2%
2016 22.19 billion +5.6%
2017 24.32 billion +9.6%
2018 26.44 billion +8.7%
2019 28.47 billion +7.7%
2020 27.86 billion -2.2%
2021 31.45 billion +12.9%
2022 36.30 billion +15.4%
2023 38.35 billion +5.7%
2024 39.85 billion +3.9%

Estonia compared with similar countries

  • Estonia's 39.85 billion is below the median for high income countries, which is 528.44 billion, 8% of the median. (42 countries reporting)
  • Estonia's 39.85 billion is below the median for Europe & Central Asia, which is 591.53 billion, 7% of the median. (52 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU) (UNICEF) 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.

YearChange FromTo
1992 +667.5% 113.43 million 870.59 million
1991 +114.0% 53.01 million 113.43 million
1993 +74.2% 870.59 million 1.52 billion

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.63 billion 53.01 million 5.41 billion 10
2000s 11.16 billion 6.17 billion 16.62 billion 10
2010s 21.15 billion 14.74 billion 28.47 billion 10
2020s 34.76 billion 27.86 billion 39.85 billion 5

Countries ranked near Estonia

  1. 60 Kuwait 49.14 billion compare
  2. 61 Oman 41.19 billion compare
  3. 62 Latvia 40.36 billion compare
  4. 64 Jordan 37.88 billion compare
  5. 65 Cyprus 34.77 billion compare
  6. 66 Malta 23.07 billion compare

See the full ranking of 74 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gdp in Estonia?
Gdp in Estonia was 39.85 billion in 2024, according to UNICEF.
What is the highest gdp recorded in Estonia?
The highest recorded value was 39.85 billion in 2024.
What is the lowest gdp recorded in Estonia?
The lowest recorded value was 53.01 million in 1990.
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 95.7%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Estonia. Statizoid, drawing on UNICEF. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-current-lcu-3/estonia/

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About this data

Indicator
GDP (current LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,784 data points, 1960–2024
Last refreshed