Gross domestic product (GDP), Constant prices, Domestic currency in Estonia
Estonia: Gross domestic product (GDP), Constant prices, Domestic currency was 32.51 billion in 2031. ▲ Rising
Gross domestic product (GDP), Constant prices, Domestic currency in Estonia, 1993–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), constant prices, domestic currency in Estonia stood at 32.51 billion. That is the highest value across all 39 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 7.8% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, domestic currency in Estonia peaked at 32.51 billion in 2031 and was at its lowest, 10.59 billion, in 1994.
That places Estonia 24th out of 26 countries with data for 2031, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 39 years of available data.
Gross domestic product (GDP), Constant prices, Domestic currency in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 10.77 billion | — |
| 1994 | 10.59 billion | -1.6% |
| 1995 | 10.82 billion | +2.2% |
| 1996 | 11.36 billion | +4.9% |
| 1997 | 12.84 billion | +13.0% |
| 1998 | 13.40 billion | +4.3% |
| 1999 | 13.34 billion | -0.4% |
| 2000 | 14.69 billion | +10.1% |
| 2001 | 15.55 billion | +5.9% |
| 2002 | 16.63 billion | +6.9% |
| 2003 | 17.89 billion | +7.6% |
| 2004 | 19.11 billion | +6.8% |
| 2005 | 20.93 billion | +9.5% |
| 2006 | 22.97 billion | +9.8% |
| 2007 | 24.71 billion | +7.6% |
| 2008 | 23.44 billion | -5.1% |
| 2009 | 20.01 billion | -14.6% |
| 2010 | 20.50 billion | +2.5% |
| 2011 | 22.06 billion | +7.6% |
| 2012 | 22.87 billion | +3.7% |
| 2013 | 23.27 billion | +1.8% |
| 2014 | 24.05 billion | +3.3% |
| 2015 | 24.49 billion | +1.8% |
| 2016 | 25.25 billion | +3.1% |
| 2017 | 26.67 billion | +5.6% |
| 2018 | 27.66 billion | +3.7% |
| 2019 | 28.69 billion | +3.7% |
| 2020 | 27.86 billion | -2.9% |
| 2021 | 30.16 billion | +8.3% |
| 2022 | 29.79 billion | -1.2% |
| 2023 | 28.97 billion | -2.7% |
| 2024 | 28.95 billion | -0.1% |
| 2025 | 29.11 billion | +0.6% |
| 2026 | 29.53 billion | +1.4% |
| 2027 | 30.10 billion | +1.9% |
| 2028 | 30.80 billion | +2.3% |
| 2029 | 31.44 billion | +2.1% |
| 2030 | 31.98 billion | +1.7% |
| 2031 | 32.51 billion | +1.7% |
Estonia compared with similar countries
- Estonia's 32.51 billion is below the median for high income countries, which is 2.41 trillion, 1% of the median. (13 countries reporting)
- Estonia's 32.51 billion is below the median for Europe & Central Asia, which is 72.02 billion, 45% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.87 billion | 10.59 billion | 13.40 billion | 7 |
| 2000s | 19.59 billion | 14.69 billion | 24.71 billion | 10 |
| 2010s | 24.55 billion | 20.50 billion | 28.69 billion | 10 |
| 2020s | 29.67 billion | 27.86 billion | 31.44 billion | 10 |
| 2030s | 32.24 billion | 31.98 billion | 32.51 billion | 2 |
Countries ranked near Estonia
- 21 Maldives 132.87 billion compare
- 22 Lithuania 72.02 billion compare
- 23 Latvia 37.02 billion compare
- 25 Brunei Darussalam 23.24 billion compare
- 26 Montenegro 4.25 billion compare
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), constant prices, domestic currency in Estonia?
- Gross domestic product (gdp), constant prices, domestic currency in Estonia was 32.51 billion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, domestic currency recorded in Estonia?
- The highest recorded value was 32.51 billion in 2031.
- What is the lowest gross domestic product (gdp), constant prices, domestic currency recorded in Estonia?
- The lowest recorded value was 10.59 billion in 1994.
- How does Estonia rank for gross domestic product (gdp), constant prices, domestic currency?
- Estonia ranks 24th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, domestic currency rising or falling in Estonia?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.