Gross domestic product (GDP) in Estonia
Estonia: Gross domestic product (GDP) was 40.00 billion international-$ in 2011 prices in 2022. ▲ Rising
Gross domestic product (GDP) in Estonia, 1973–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Estonia stood at 40.00 billion international-$ in 2011 prices.
Compared with earlier readings it is down 1.3% on the previous year and up 32.6% over ten years.
Over the whole period, gross domestic product (gdp) in Estonia peaked at 40.52 billion international-$ in 2011 prices in 2021 and was at its lowest, 17.71 billion international-$ in 2011 prices, in 1994.
Estonia ranks 115th of 165 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.47 billion international-$ in 2011 prices | 19.47 billion international-$ in 2011 prices | 19.47 billion international-$ in 2011 prices | 1 |
| 1980s | 25.48 billion international-$ in 2011 prices | 22.30 billion international-$ in 2011 prices | 29.50 billion international-$ in 2011 prices | 10 |
| 1990s | 20.90 billion international-$ in 2011 prices | 17.71 billion international-$ in 2011 prices | 27.07 billion international-$ in 2011 prices | 10 |
| 2000s | 28.83 billion international-$ in 2011 prices | 23.53 billion international-$ in 2011 prices | 35.12 billion international-$ in 2011 prices | 10 |
| 2010s | 32.34 billion international-$ in 2011 prices | 27.59 billion international-$ in 2011 prices | 37.72 billion international-$ in 2011 prices | 10 |
| 2020s | 39.35 billion international-$ in 2011 prices | 37.52 billion international-$ in 2011 prices | 40.52 billion international-$ in 2011 prices | 3 |
Countries ranked near Estonia
- 112 Bosnia and Herzegovina 47.07 billion international-$ in 2011 prices compare
- 113 Mongolia 44.81 billion international-$ in 2011 prices compare
- 114 North Korea 40.49 billion international-$ in 2011 prices compare
- 116 Armenia 39.72 billion international-$ in 2011 prices compare
- 117 Botswana 39.29 billion international-$ in 2011 prices compare
- 118 Madagascar 38.60 billion international-$ in 2011 prices compare
More economy & growth data for Estonia
- External balance on goods and services as a percent of GDP 1.0% (2025)
- Inflation of consumer prices 4.8% (2025)
- GDP per capita 20,282 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.8% (2025)
- Gross domestic product (GDP) 27.72 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 20,282 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 174.40 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 188.77 million current US$ (2024)
- Taxes less subsidies on products 5.33 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Estonia?
- Gross domestic product (gdp) in Estonia was 40.00 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Estonia?
- The highest recorded value was 40.52 billion international-$ in 2011 prices in 2021.
- What is the lowest gross domestic product (gdp) recorded in Estonia?
- The lowest recorded value was 17.71 billion international-$ in 2011 prices in 1994.
- How does Estonia rank for gross domestic product (gdp)?
- Estonia ranks 115th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Estonia?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.