Gross capital formation (constant LCU), per square kilometre in Estonia

Estonia: Gross capital formation (constant LCU), per square kilometre was 186,651 constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
186,651 constant LCU per square kilometre
Change on year
down 7.6%
World rank
129th
of 166 countries
All-time high
219,656 constant LCU per square kilometre
in 2021
All-time low
34,986 constant LCU per square kilometre
in 1993
Years of data
31
1993–2023

Gross capital formation (constant LCU), per square kilometre in Estonia, 1993–2023

50.0k100.0k150.0k200.0k1993200820231993: 35.0k constant LCU per square kilometre1994: 36.2k constant LCU per square kilometre1995: 38.5k constant LCU per square kilometre1996: 46.7k constant LCU per square kilometre1997: 61.4k constant LCU per square kilometre1998: 71.0k constant LCU per square kilometre1999: 60.2k constant LCU per square kilometre2000: 73.4k constant LCU per square kilometre2001: 84.0k constant LCU per square kilometre2002: 104.0k constant LCU per square kilometre2003: 122.7k constant LCU per square kilometre2004: 131.4k constant LCU per square kilometre2005: 140.7k constant LCU per square kilometre2006: 184.9k constant LCU per square kilometre2007: 206.2k constant LCU per square kilometre2008: 165.6k constant LCU per square kilometre2009: 95.5k constant LCU per square kilometre2010: 102.3k constant LCU per square kilometre2011: 132.1k constant LCU per square kilometre2012: 156.8k constant LCU per square kilometre2013: 147.7k constant LCU per square kilometre2014: 154.0k constant LCU per square kilometre2015: 145.8k constant LCU per square kilometre2016: 154.0k constant LCU per square kilometre2017: 177.4k constant LCU per square kilometre2018: 201.6k constant LCU per square kilometre2019: 200.5k constant LCU per square kilometre2020: 193.2k constant LCU per square kilometre2021: 219.7k constant LCU per square kilometre2022: 202.0k constant LCU per square kilometre2023: 186.7k constant LCU per square kilometre

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

In 2023, gross capital formation (constant lcu), per square kilometre in Estonia stood at 186,651 constant LCU per square kilometre.

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 lcu), per square kilometre in Estonia peaked at 219,656 constant LCU per square kilometre in 2021 and was at its lowest, 34,986 constant LCU per square kilometre, in 1993.

That places Estonia 129th out of 166 countries with data for 2023, putting it in the bottom quarter.

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

Gross capital formation (constant LCU), per square kilometre in Estonia, year by year

Annual values for Gross capital formation (constant LCU), per square kilometre in Estonia, 1993 to 2023.
Year constant LCU per square kilometre Change
1993 34,986 constant LCU per square kilometre
1994 36,198 constant LCU per square kilometre +3.5%
1995 38,467 constant LCU per square kilometre +6.3%
1996 46,722 constant LCU per square kilometre +21.5%
1997 61,434 constant LCU per square kilometre +31.5%
1998 71,028 constant LCU per square kilometre +15.6%
1999 60,172 constant LCU per square kilometre -15.3%
2000 73,401 constant LCU per square kilometre +22.0%
2001 84,026 constant LCU per square kilometre +14.5%
2002 104,014 constant LCU per square kilometre +23.8%
2003 122,661 constant LCU per square kilometre +17.9%
2004 131,396 constant LCU per square kilometre +7.1%
2005 140,652 constant LCU per square kilometre +7.0%
2006 184,866 constant LCU per square kilometre +31.4%
2007 206,215 constant LCU per square kilometre +11.5%
2008 165,646 constant LCU per square kilometre -19.7%
2009 95,536 constant LCU per square kilometre -42.3%
2010 102,345 constant LCU per square kilometre +7.1%
2011 132,133 constant LCU per square kilometre +29.1%
2012 156,790 constant LCU per square kilometre +18.7%
2013 147,717 constant LCU per square kilometre -5.8%
2014 154,009 constant LCU per square kilometre +4.3%
2015 145,770 constant LCU per square kilometre -5.3%
2016 153,968 constant LCU per square kilometre +5.6%
2017 177,428 constant LCU per square kilometre +15.2%
2018 201,642 constant LCU per square kilometre +13.6%
2019 200,545 constant LCU per square kilometre -0.5%
2020 193,248 constant LCU per square kilometre -3.6%
2021 219,656 constant LCU per square kilometre +13.7%
2022 202,040 constant LCU per square kilometre -8.0%
2023 186,651 constant LCU per square kilometre -7.6%

Estonia compared with similar countries

  • Estonia's 186,651 constant LCU per square kilometre is below the median for high income countries, which is 1.60 million constant LCU per square kilometre, 12% of the median. (58 countries reporting)
  • Estonia's 186,651 constant LCU per square kilometre is below the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 14% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 49,858 constant LCU per square kilometre 34,986 constant LCU per square kilometre 71,028 constant LCU per square kilometre 7
2000s 130,841 constant LCU per square kilometre 73,401 constant LCU per square kilometre 206,215 constant LCU per square kilometre 10
2010s 157,235 constant LCU per square kilometre 102,345 constant LCU per square kilometre 201,642 constant LCU per square kilometre 10
2020s 200,399 constant LCU per square kilometre 186,651 constant LCU per square kilometre 219,656 constant LCU per square kilometre 4

Countries ranked near Estonia

  1. 126 Greece 234,465 constant LCU per square kilometre compare
  2. 127 Georgia 222,681 constant LCU per square kilometre compare
  3. 128 Bosnia and Herzegovina 214,383 constant LCU per square kilometre compare
  4. 130 Central African Republic 185,329 constant LCU per square kilometre compare
  5. 131 Finland 178,760 constant LCU per square kilometre compare
  6. 132 Palau 176,070 constant LCU per square kilometre compare

See the full ranking of 166 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross capital formation (constant lcu), per square kilometre in Estonia?
Gross capital formation (constant lcu), per square kilometre in Estonia was 186,651 constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per square kilometre recorded in Estonia?
The highest recorded value was 219,656 constant LCU per square kilometre in 2021.
What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Estonia?
The lowest recorded value was 34,986 constant LCU per square kilometre in 1993.
How does Estonia rank for gross capital formation (constant lcu), per square kilometre?
Estonia ranks 129th out of 166 countries with data for 2023.
Is gross capital formation (constant lcu), 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per square kilometre in Estonia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-square-kilometre/estonia/

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How this figure is calculated

Gross capital formation (constant LCU) 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 LCU) ÷ 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 LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) 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.