Gross domestic product (GDP), per unit of GDP in Estonia
Estonia: Gross domestic product (GDP), per unit of GDP was 1.23 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Estonia, 1993–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Estonia recorded 1.23 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023. That is the lowest value across all 31 years on record.
That represents a change of down 13.8% on the previous year and down 25.7% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Estonia peaked at 4.15 international-$ in 2021 prices per US$ of GDP in 1993 and was at its lowest, 1.23 international-$ in 2021 prices per US$ of GDP, in 2023.
Estonia ranks 147th of 180 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross domestic product (GDP), per unit of GDP in Estonia, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1993 | 4.15 international-$ in 2021 prices per US$ of GDP | — |
| 1994 | 3.9 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1995 | 3.88 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 1996 | 3.93 international-$ in 2021 prices per US$ of GDP | +1.3% |
| 1997 | 3.79 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 1998 | 3.46 international-$ in 2021 prices per US$ of GDP | -8.6% |
| 1999 | 3.43 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2000 | 3.79 international-$ in 2021 prices per US$ of GDP | +10.4% |
| 2001 | 3.63 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2002 | 3.28 international-$ in 2021 prices per US$ of GDP | -9.5% |
| 2003 | 2.56 international-$ in 2021 prices per US$ of GDP | -22.2% |
| 2004 | 2.18 international-$ in 2021 prices per US$ of GDP | -14.6% |
| 2005 | 2.17 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 2006 | 1.92 international-$ in 2021 prices per US$ of GDP | -11.6% |
| 2007 | 1.63 international-$ in 2021 prices per US$ of GDP | -15.2% |
| 2008 | 1.52 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 2009 | 1.67 international-$ in 2021 prices per US$ of GDP | +10.0% |
| 2010 | 1.75 international-$ in 2021 prices per US$ of GDP | +5.0% |
| 2011 | 1.7 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2012 | 1.82 international-$ in 2021 prices per US$ of GDP | +6.7% |
| 2013 | 1.66 international-$ in 2021 prices per US$ of GDP | -8.5% |
| 2014 | 1.61 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 2015 | 1.82 international-$ in 2021 prices per US$ of GDP | +13.4% |
| 2016 | 1.79 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2017 | 1.7 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 2018 | 1.58 international-$ in 2021 prices per US$ of GDP | -7.4% |
| 2019 | 1.66 international-$ in 2021 prices per US$ of GDP | +5.3% |
| 2020 | 1.66 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 2021 | 1.48 international-$ in 2021 prices per US$ of GDP | -10.6% |
| 2022 | 1.43 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 2023 | 1.23 international-$ in 2021 prices per US$ of GDP | -13.8% |
Estonia compared with similar countries
- Estonia's 1.23 international-$ in 2021 prices per US$ of GDP is above the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 1.0× the median. (65 countries reporting)
- Estonia's 1.23 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 82% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.79 international-$ in 2021 prices per US$ of GDP | 3.43 international-$ in 2021 prices per US$ of GDP | 4.15 international-$ in 2021 prices per US$ of GDP | 7 |
| 2000s | 2.43 international-$ in 2021 prices per US$ of GDP | 1.52 international-$ in 2021 prices per US$ of GDP | 3.79 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.71 international-$ in 2021 prices per US$ of GDP | 1.58 international-$ in 2021 prices per US$ of GDP | 1.82 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.45 international-$ in 2021 prices per US$ of GDP | 1.23 international-$ in 2021 prices per US$ of GDP | 1.66 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Estonia
- 144 Curacao 1.27 international-$ in 2021 prices per US$ of GDP compare
- 145 Japan 1.26 international-$ in 2021 prices per US$ of GDP compare
- 146 Jamaica 1.25 international-$ in 2021 prices per US$ of GDP compare
- 148 Ireland 1.21 international-$ in 2021 prices per US$ of GDP compare
- 149 Singapore 1.17 international-$ in 2021 prices per US$ of GDP compare
- 150 France 1.16 international-$ in 2021 prices per US$ of GDP 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), per unit of gdp in Estonia?
- Gross domestic product (gdp), per unit of gdp in Estonia was 1.23 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Estonia?
- The highest recorded value was 4.15 international-$ in 2021 prices per US$ of GDP in 1993.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Estonia?
- The lowest recorded value was 1.23 international-$ in 2021 prices per US$ of GDP in 2023.
- How does Estonia rank for gross domestic product (gdp), per unit of gdp?
- Estonia ranks 147th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Estonia?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.