Gross capital formation (constant 2015 US$), per square kilometre in Estonia

Estonia: Gross capital formation (constant 2015 US$), per square kilometre was 169,203 constant 2015 US$ per square kilometre in 2023. ▲ Rising

Latest (2023)
169,203 constant 2015 US$ per square kilometre
Change on year
down 7.6%
World rank
64th
of 160 countries
All-time high
199,123 constant 2015 US$ per square kilometre
in 2021
All-time low
31,716 constant 2015 US$ per square kilometre
in 1993
Years of data
31
1993–2023

Gross capital formation (constant 2015 US$), per square kilometre in Estonia, 1993–2023

50.0k100.0k150.0k200.0k1993200820231993: 31.7k constant 2015 US$ per square kilometre1994: 32.8k constant 2015 US$ per square kilometre1995: 34.9k constant 2015 US$ per square kilometre1996: 42.4k constant 2015 US$ per square kilometre1997: 55.7k constant 2015 US$ per square kilometre1998: 64.4k constant 2015 US$ per square kilometre1999: 54.5k constant 2015 US$ per square kilometre2000: 66.5k constant 2015 US$ per square kilometre2001: 76.2k constant 2015 US$ per square kilometre2002: 94.3k constant 2015 US$ per square kilometre2003: 111.2k constant 2015 US$ per square kilometre2004: 119.1k constant 2015 US$ per square kilometre2005: 127.5k constant 2015 US$ per square kilometre2006: 167.6k constant 2015 US$ per square kilometre2007: 186.9k constant 2015 US$ per square kilometre2008: 150.2k constant 2015 US$ per square kilometre2009: 86.6k constant 2015 US$ per square kilometre2010: 92.8k constant 2015 US$ per square kilometre2011: 119.8k constant 2015 US$ per square kilometre2012: 142.1k constant 2015 US$ per square kilometre2013: 133.9k constant 2015 US$ per square kilometre2014: 139.6k constant 2015 US$ per square kilometre2015: 132.1k constant 2015 US$ per square kilometre2016: 139.6k constant 2015 US$ per square kilometre2017: 160.8k constant 2015 US$ per square kilometre2018: 182.8k constant 2015 US$ per square kilometre2019: 181.8k constant 2015 US$ per square kilometre2020: 175.2k constant 2015 US$ per square kilometre2021: 199.1k constant 2015 US$ per square kilometre2022: 183.2k constant 2015 US$ per square kilometre2023: 169.2k constant 2015 US$ per square kilometre

Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.

Analysis

The most recent figure for gross capital formation (constant 2015 us$), per square kilometre in Estonia is 169,203 constant 2015 US$ per square kilometre, measured in 2023.

Compared with earlier readings it is down 7.6% on the previous year and up 26.4% over ten years.

Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in Estonia peaked at 199,123 constant 2015 US$ per square kilometre in 2021 and was at its lowest, 31,716 constant 2015 US$ per square kilometre, in 1993.

That places Estonia 64th out of 160 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Gross capital formation (constant 2015 US$), per square kilometre in Estonia, year by year

Annual values for Gross capital formation (constant 2015 US$), per square kilometre in Estonia, 1993 to 2023.
Year constant 2015 US$ per square kilometre Change
1993 31,716 constant 2015 US$ per square kilometre
1994 32,815 constant 2015 US$ per square kilometre +3.5%
1995 34,871 constant 2015 US$ per square kilometre +6.3%
1996 42,355 constant 2015 US$ per square kilometre +21.5%
1997 55,691 constant 2015 US$ per square kilometre +31.5%
1998 64,388 constant 2015 US$ per square kilometre +15.6%
1999 54,547 constant 2015 US$ per square kilometre -15.3%
2000 66,540 constant 2015 US$ per square kilometre +22.0%
2001 76,171 constant 2015 US$ per square kilometre +14.5%
2002 94,290 constant 2015 US$ per square kilometre +23.8%
2003 111,194 constant 2015 US$ per square kilometre +17.9%
2004 119,113 constant 2015 US$ per square kilometre +7.1%
2005 127,503 constant 2015 US$ per square kilometre +7.0%
2006 167,585 constant 2015 US$ per square kilometre +31.4%
2007 186,937 constant 2015 US$ per square kilometre +11.5%
2008 150,161 constant 2015 US$ per square kilometre -19.7%
2009 86,605 constant 2015 US$ per square kilometre -42.3%
2010 92,778 constant 2015 US$ per square kilometre +7.1%
2011 119,781 constant 2015 US$ per square kilometre +29.1%
2012 142,133 constant 2015 US$ per square kilometre +18.7%
2013 133,908 constant 2015 US$ per square kilometre -5.8%
2014 139,612 constant 2015 US$ per square kilometre +4.3%
2015 132,143 constant 2015 US$ per square kilometre -5.3%
2016 139,575 constant 2015 US$ per square kilometre +5.6%
2017 160,842 constant 2015 US$ per square kilometre +15.2%
2018 182,792 constant 2015 US$ per square kilometre +13.6%
2019 181,798 constant 2015 US$ per square kilometre -0.5%
2020 175,183 constant 2015 US$ per square kilometre -3.6%
2021 199,123 constant 2015 US$ per square kilometre +13.7%
2022 183,153 constant 2015 US$ per square kilometre -8.0%
2023 169,203 constant 2015 US$ per square kilometre -7.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 45,197 constant 2015 US$ per square kilometre 31,716 constant 2015 US$ per square kilometre 64,388 constant 2015 US$ per square kilometre 7
2000s 118,610 constant 2015 US$ per square kilometre 66,540 constant 2015 US$ per square kilometre 186,937 constant 2015 US$ per square kilometre 10
2010s 142,536 constant 2015 US$ per square kilometre 92,778 constant 2015 US$ per square kilometre 182,792 constant 2015 US$ per square kilometre 10
2020s 181,666 constant 2015 US$ per square kilometre 169,203 constant 2015 US$ per square kilometre 199,123 constant 2015 US$ per square kilometre 4

Countries ranked near Estonia

  1. 61 Finland 179,900 constant 2015 US$ per square kilometre compare
  2. 62 Rwanda 172,029 constant 2015 US$ per square kilometre compare
  3. 63 Palau 170,522 constant 2015 US$ per square kilometre compare
  4. 65 Serbia 169,144 constant 2015 US$ per square kilometre compare
  5. 66 Mexico 156,944 constant 2015 US$ per square kilometre compare
  6. 67 Latvia 146,211 constant 2015 US$ per square kilometre compare

See the full ranking of 200 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross capital formation (constant 2015 us$), per square kilometre in Estonia?
Gross capital formation (constant 2015 us$), per square kilometre in Estonia was 169,203 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in Estonia?
The highest recorded value was 199,123 constant 2015 US$ per square kilometre in 2021.
What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in Estonia?
The lowest recorded value was 31,716 constant 2015 US$ per square kilometre in 1993.
How does Estonia rank for gross capital formation (constant 2015 us$), per square kilometre?
Estonia ranks 64th out of 160 countries with data for 2023.
Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in Estonia?
Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
Where does this Estonia data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant 2015 US$), per square kilometre in Estonia. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-2015-us-per-square-kilometre/estonia/

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How this figure is calculated

Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant 2015 US$) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,878 data points, 1961–2023
Last refreshed

Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.