Gross domestic product (GDP) at current market prices by NUTS 2 region in Estonia
Estonia: Gross domestic product (GDP) at current market prices by NUTS 2 region was 39,848 Million euro in 2024. ▲ Rising
Latest (2024)
39,848 Million euro
Change on year
up 3.9%
World rank
36th
of 45 countries
All-time high
39,848 Million euro
in 2024
All-time low
6,172 Million euro
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) at current market prices by NUTS 2 region in Estonia, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gross domestic product (gdp) at current market prices by nuts 2 region in Estonia is 39,848 Million euro, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 3.9% on the previous year and up 95.7% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in Estonia peaked at 39,848 Million euro in 2024 and was at its lowest, 6,172 Million euro, in 2000.
That places Estonia 36th out of 45 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 2 region in Estonia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 6,172 Million euro | — |
| 2001 | 6,982 Million euro | +13.1% |
| 2002 | 7,825 Million euro | +12.1% |
| 2003 | 8,747 Million euro | +11.8% |
| 2004 | 9,780 Million euro | +11.8% |
| 2005 | 11,345 Million euro | +16.0% |
| 2006 | 13,571 Million euro | +19.6% |
| 2007 | 16,402 Million euro | +20.9% |
| 2008 | 16,619 Million euro | +1.3% |
| 2009 | 14,132 Million euro | -15.0% |
| 2010 | 14,742 Million euro | +4.3% |
| 2011 | 16,742 Million euro | +13.6% |
| 2012 | 18,087 Million euro | +8.0% |
| 2013 | 19,163 Million euro | +6.0% |
| 2014 | 20,366 Million euro | +6.3% |
| 2015 | 21,011 Million euro | +3.2% |
| 2016 | 22,189 Million euro | +5.6% |
| 2017 | 24,316 Million euro | +9.6% |
| 2018 | 26,438 Million euro | +8.7% |
| 2019 | 28,472 Million euro | +7.7% |
| 2020 | 27,859 Million euro | -2.2% |
| 2021 | 31,453 Million euro | +12.9% |
| 2022 | 36,301 Million euro | +15.4% |
| 2023 | 38,353 Million euro | +5.7% |
| 2024 | 39,848 Million euro | +3.9% |
Estonia compared with similar countries
- Estonia's 39,848 Million euro is below the median for Europe & Central Asia, which is 282,710 Million euro, 14% of the median. (32 countries reporting)
- Estonia's 39,848 Million euro is below the median for high income countries, which is 320,787 Million euro, 12% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,158 Million euro | 6,172 Million euro | 16,619 Million euro | 10 |
| 2010s | 21,153 Million euro | 14,742 Million euro | 28,472 Million euro | 10 |
| 2020s | 34,763 Million euro | 27,859 Million euro | 39,848 Million euro | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Foreign direct investment, net outflows (BoP, current US$), gaps -24.28 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -17.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -838.20 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 75.62 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0178 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -613.4 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 17.56 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0519 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,785 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 2 region in Estonia?
- Gross domestic product (gdp) at current market prices by nuts 2 region in Estonia was 39,848 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Estonia?
- The highest recorded value was 39,848 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Estonia?
- The lowest recorded value was 6,172 Million euro in 2000.
- How does Estonia rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- Estonia ranks 36th out of 45 countries with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 2 region rising or falling in Estonia?
- Over the last ten years it is up 95.7%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) at current market prices by NUTS 2 region. Statizoid updates them automatically from the source API.
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