GDP growth in Estonia
Estonia: GDP growth was -0.09 in 2024. ◆ Volatile
Latest (2024)
-0.09
Change on year
up 96.7%
World rank
65th
of 74 countries
All-time high
13.05
in 1997
All-time low
-21.17
in 1992
Years of data
34
1991–2024
GDP growth in Estonia, 1991–2024
Source: UNICEF.
Analysis
In 2024, gdp growth in Estonia stood at -0.09.
That represents a change of up 96.7% on the previous year and down 102.7% over ten years.
Over the whole period, gdp growth in Estonia peaked at 13.05 in 1997 and was at its lowest, -21.17, in 1992.
That places Estonia 65th 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 growth in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | -8 | — |
| 1992 | -21.17 | +164.6% |
| 1993 | -5.74 | -72.9% |
| 1994 | -1.64 | -71.4% |
| 1995 | 4.53 | -375.6% |
| 1996 | 4.94 | +9.2% |
| 1997 | 13.05 | +164.0% |
| 1998 | 4.34 | -66.7% |
| 1999 | -0.425 | -109.8% |
| 2000 | 10.09 | -2473.4% |
| 2001 | 5.88 | -41.7% |
| 2002 | 6.93 | +17.9% |
| 2003 | 7.6 | +9.6% |
| 2004 | 6.8 | -10.5% |
| 2005 | 9.52 | +40.0% |
| 2006 | 9.76 | +2.5% |
| 2007 | 7.57 | -22.4% |
| 2008 | -5.13 | -167.7% |
| 2009 | -14.63 | +185.5% |
| 2010 | 2.45 | -116.7% |
| 2011 | 7.61 | +210.5% |
| 2012 | 3.67 | -51.7% |
| 2013 | 1.76 | -52.2% |
| 2014 | 3.32 | +89.2% |
| 2015 | 1.84 | -44.7% |
| 2016 | 3.09 | +68.3% |
| 2017 | 5.63 | +82.2% |
| 2018 | 3.7 | -34.3% |
| 2019 | 3.73 | +0.7% |
| 2020 | -2.88 | -177.4% |
| 2021 | 8.25 | -386.2% |
| 2022 | -1.23 | -114.9% |
| 2023 | -2.74 | +123.8% |
| 2024 | -0.09 | -96.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.12 | -21.17 | 13.05 | 9 |
| 2000s | 4.44 | -14.63 | 10.09 | 10 |
| 2010s | 3.68 | 1.76 | 7.61 | 10 |
| 2020s | 0.2621 | -2.88 | 8.25 | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Gross domestic savings (current US$), annual growth rate 10.44 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2588 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 8,908 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.79 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.2291 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 7,883 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 11.42 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9389 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 32,313 current US$ per person (2025)
- GNI (current US$), annual growth rate 9.72 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Estonia?
- Gdp growth in Estonia was -0.09 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Estonia?
- The highest recorded value was 13.05 in 1997.
- What is the lowest gdp growth recorded in Estonia?
- The lowest recorded value was -21.17 in 1992.
- How does Estonia rank for gdp growth?
- Estonia ranks 65th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Estonia?
- Over the last ten years it is down 102.7%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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