Gross domestic product (GDP), Current prices, Domestic currency in Estonia
Estonia: Gross domestic product (GDP), Current prices, Domestic currency was 55.53 billion in 2031. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Estonia, 1993–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), current prices, domestic currency in Estonia stood at 55.53 billion. That is the highest value across all 39 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 76.5% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Estonia peaked at 55.53 billion in 2031 and was at its lowest, 1.51 billion, in 1993.
That places Estonia 24th out of 26 countries with data for 2031, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 1.51 billion | — |
| 1994 | 2.08 billion | +37.4% |
| 1995 | 2.86 billion | +37.7% |
| 1996 | 3.68 billion | +28.6% |
| 1997 | 4.57 billion | +24.3% |
| 1998 | 5.10 billion | +11.5% |
| 1999 | 5.41 billion | +6.0% |
| 2000 | 6.17 billion | +14.1% |
| 2001 | 6.98 billion | +13.1% |
| 2002 | 7.82 billion | +12.1% |
| 2003 | 8.75 billion | +11.8% |
| 2004 | 9.78 billion | +11.8% |
| 2005 | 11.35 billion | +16.0% |
| 2006 | 13.57 billion | +19.6% |
| 2007 | 16.40 billion | +20.9% |
| 2008 | 16.62 billion | +1.3% |
| 2009 | 14.13 billion | -15.0% |
| 2010 | 14.74 billion | +4.3% |
| 2011 | 16.74 billion | +13.6% |
| 2012 | 18.09 billion | +8.0% |
| 2013 | 19.16 billion | +6.0% |
| 2014 | 20.37 billion | +6.3% |
| 2015 | 21.01 billion | +3.2% |
| 2016 | 22.19 billion | +5.6% |
| 2017 | 24.32 billion | +9.6% |
| 2018 | 26.44 billion | +8.7% |
| 2019 | 28.47 billion | +7.7% |
| 2020 | 27.86 billion | -2.2% |
| 2021 | 31.45 billion | +12.9% |
| 2022 | 36.30 billion | +15.4% |
| 2023 | 38.35 billion | +5.7% |
| 2024 | 39.85 billion | +3.9% |
| 2025 | 41.62 billion | +4.4% |
| 2026 | 43.79 billion | +5.2% |
| 2027 | 46.07 billion | +5.2% |
| 2028 | 48.63 billion | +5.6% |
| 2029 | 50.97 billion | +4.8% |
| 2030 | 53.21 billion | +4.4% |
| 2031 | 55.53 billion | +4.4% |
Estonia compared with similar countries
- Estonia's 55.53 billion is below the median for high income countries, which is 2.99 trillion, 2% of the median. (13 countries reporting)
- Estonia's 55.53 billion is below the median for Europe & Central Asia, which is 114.87 billion, 48% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.60 billion | 1.51 billion | 5.41 billion | 7 |
| 2000s | 11.16 billion | 6.17 billion | 16.62 billion | 10 |
| 2010s | 21.15 billion | 14.74 billion | 28.47 billion | 10 |
| 2020s | 40.49 billion | 27.86 billion | 50.97 billion | 10 |
| 2030s | 54.37 billion | 53.21 billion | 55.53 billion | 2 |
Countries ranked near Estonia
- 21 Maldives 170.02 billion compare
- 22 Lithuania 114.87 billion compare
- 23 Latvia 58.97 billion compare
- 25 Brunei Darussalam 26.67 billion compare
- 26 Montenegro 11.33 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), current prices, domestic currency in Estonia?
- Gross domestic product (gdp), current prices, domestic currency in Estonia was 55.53 billion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Estonia?
- The highest recorded value was 55.53 billion in 2031.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Estonia?
- The lowest recorded value was 1.51 billion in 1993.
- How does Estonia rank for gross domestic product (gdp), current prices, domestic currency?
- Estonia ranks 24th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Estonia?
- Over the last ten years it is up 76.5%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current 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.