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

Estonia: Gross capital formation (current US$), per square kilometre was 243,864 current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
243,864 current US$ per square kilometre
Change on year
down 2.4%
World rank
65th
of 184 countries
All-time high
269,308 current US$ per square kilometre
in 2021
All-time low
24,595 current US$ per square kilometre
in 1993
Years of data
31
1993–2023

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

050.0k100.0k150.0k200.0k250.0k1993200820231993: 24.6k current US$ per square kilometre1994: 26.1k current US$ per square kilometre1995: 28.1k current US$ per square kilometre1996: 31.0k current US$ per square kilometre1997: 37.4k current US$ per square kilometre1998: 42.3k current US$ per square kilometre1999: 35.2k current US$ per square kilometre2000: 38.2k current US$ per square kilometre2001: 43.6k current US$ per square kilometre2002: 57.3k current US$ per square kilometre2003: 82.0k current US$ per square kilometre2004: 99.3k current US$ per square kilometre2005: 111.0k current US$ per square kilometre2006: 160.0k current US$ per square kilometre2007: 211.9k current US$ per square kilometre2008: 181.7k current US$ per square kilometre2009: 97.3k current US$ per square kilometre2010: 99.4k current US$ per square kilometre2011: 140.0k current US$ per square kilometre2012: 159.4k current US$ per square kilometre2013: 157.3k current US$ per square kilometre2014: 166.4k current US$ per square kilometre2015: 132.1k current US$ per square kilometre2016: 139.6k current US$ per square kilometre2017: 166.7k current US$ per square kilometre2018: 203.4k current US$ per square kilometre2019: 196.5k current US$ per square kilometre2020: 220.7k current US$ per square kilometre2021: 269.3k current US$ per square kilometre2022: 249.8k current US$ per square kilometre2023: 243.9k current US$ per square kilometre

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

Analysis

The most recent figure for gross capital formation (current us$), per square kilometre in Estonia is 243,864 current US$ per square kilometre, measured in 2023.

Compared with earlier readings it is down 2.4% on the previous year and up 55.0% over ten years.

Over the whole period, gross capital formation (current us$), per square kilometre in Estonia peaked at 269,308 current US$ per square kilometre in 2021 and was at its lowest, 24,595 current US$ per square kilometre, in 1993.

Estonia ranks 65th of 184 countries on this measure, in the middle of the range.

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

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

Annual values for Gross capital formation (current US$), per square kilometre in Estonia, 1993 to 2023.
Year current US$ per square kilometre Change
1993 24,595 current US$ per square kilometre
1994 26,079 current US$ per square kilometre +6.0%
1995 28,056 current US$ per square kilometre +7.6%
1996 31,030 current US$ per square kilometre +10.6%
1997 37,358 current US$ per square kilometre +20.4%
1998 42,331 current US$ per square kilometre +13.3%
1999 35,180 current US$ per square kilometre -16.9%
2000 38,200 current US$ per square kilometre +8.6%
2001 43,648 current US$ per square kilometre +14.3%
2002 57,255 current US$ per square kilometre +31.2%
2003 81,986 current US$ per square kilometre +43.2%
2004 99,300 current US$ per square kilometre +21.1%
2005 111,008 current US$ per square kilometre +11.8%
2006 159,957 current US$ per square kilometre +44.1%
2007 211,876 current US$ per square kilometre +32.5%
2008 181,658 current US$ per square kilometre -14.3%
2009 97,307 current US$ per square kilometre -46.4%
2010 99,430 current US$ per square kilometre +2.2%
2011 140,011 current US$ per square kilometre +40.8%
2012 159,414 current US$ per square kilometre +13.9%
2013 157,318 current US$ per square kilometre -1.3%
2014 166,352 current US$ per square kilometre +5.7%
2015 132,143 current US$ per square kilometre -20.6%
2016 139,571 current US$ per square kilometre +5.6%
2017 166,669 current US$ per square kilometre +19.4%
2018 203,407 current US$ per square kilometre +22.0%
2019 196,507 current US$ per square kilometre -3.4%
2020 220,727 current US$ per square kilometre +12.3%
2021 269,308 current US$ per square kilometre +22.0%
2022 249,773 current US$ per square kilometre -7.3%
2023 243,864 current US$ per square kilometre -2.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 32,090 current US$ per square kilometre 24,595 current US$ per square kilometre 42,331 current US$ per square kilometre 7
2000s 108,220 current US$ per square kilometre 38,200 current US$ per square kilometre 211,876 current US$ per square kilometre 10
2010s 156,082 current US$ per square kilometre 99,430 current US$ per square kilometre 203,407 current US$ per square kilometre 10
2020s 245,918 current US$ per square kilometre 220,727 current US$ per square kilometre 269,308 current US$ per square kilometre 4

Countries ranked near Estonia

  1. 62 Marshall Islands 282,761 current US$ per square kilometre compare
  2. 63 Malaysia 277,570 current US$ per square kilometre compare
  3. 64 Costa Rica 271,600 current US$ per square kilometre compare
  4. 66 Serbia 238,122 current US$ per square kilometre compare
  5. 67 New Zealand 234,524 current US$ per square kilometre compare
  6. 68 Rwanda 230,245 current US$ per square kilometre compare

See the full ranking of 227 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross capital formation (current us$), per square kilometre in Estonia?
Gross capital formation (current us$), per square kilometre in Estonia was 243,864 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (current us$), per square kilometre recorded in Estonia?
The highest recorded value was 269,308 current US$ per square kilometre in 2021.
What is the lowest gross capital formation (current us$), per square kilometre recorded in Estonia?
The lowest recorded value was 24,595 current US$ per square kilometre in 1993.
How does Estonia rank for gross capital formation (current us$), per square kilometre?
Estonia ranks 65th out of 184 countries with data for 2023.
Is gross capital formation (current us$), per square kilometre rising or falling in Estonia?
Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), per square kilometre in Estonia. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-us-per-square-kilometre/estonia/

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How this figure is calculated

Gross capital formation (current 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 (current 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 (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

Gross capital formation (current 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.