Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia

Estonia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was -0.2611 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.2611 % change on previous year
Change on year
up 91.4%
World rank
201st
of 223 countries
All-time high
13.05 % change on previous year
in 1997
All-time low
-21.17 % change on previous year
in 1992
Years of data
33
1992–2024

Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia, 1992–2024

-20-100101992200820241992: -21.2 % change on previous year1993: -5.7 % change on previous year1994: -2 % change on previous year1995: 4.3 % change on previous year1996: 4.9 % change on previous year1997: 13.1 % change on previous year1998: 4.3 % change on previous year1999: -0.425 % change on previous year2000: 10.1 % change on previous year2001: 5.9 % change on previous year2002: 6.9 % change on previous year2003: 7.6 % change on previous year2004: 6.8 % change on previous year2005: 9.5 % change on previous year2006: 9.8 % change on previous year2007: 7.6 % change on previous year2008: -5.1 % change on previous year2009: -14.6 % change on previous year2010: 2.4 % change on previous year2011: 7.6 % change on previous year2012: 3.7 % change on previous year2013: 1.8 % change on previous year2014: 3.3 % change on previous year2015: 1.8 % change on previous year2016: 3.1 % change on previous year2017: 5.6 % change on previous year2018: 3.7 % change on previous year2019: 3.7 % change on previous year2020: -2.9 % change on previous year2021: 7.2 % change on previous year2022: 0.06 % change on previous year2023: -3 % change on previous year2024: -0.261 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic product — value standard local currency, 2015 prices in Estonia stood at -0.2611 % change on previous year.

That represents a change of up 91.4% on the previous year and down 107.9% over ten years.

Over the whole period, gross domestic product — value standard local currency, 2015 prices in Estonia peaked at 13.05 % change on previous year in 1997 and was at its lowest, -21.17 % change on previous year, in 1992.

Estonia ranks 201st of 223 countries on this measure, in the bottom quarter.

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

Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate in Estonia, 1992 to 2024.
Year % change on previous year Change
1992 -21.17 % change on previous year
1993 -5.74 % change on previous year -72.9%
1994 -1.99 % change on previous year -65.3%
1995 4.27 % change on previous year -314.2%
1996 4.94 % change on previous year +15.9%
1997 13.05 % change on previous year +164.0%
1998 4.34 % change on previous year -66.8%
1999 -0.4246 % change on previous year -109.8%
2000 10.09 % change on previous year -2475.9%
2001 5.88 % change on previous year -41.7%
2002 6.93 % change on previous year +17.9%
2003 7.6 % change on previous year +9.6%
2004 6.8 % change on previous year -10.5%
2005 9.52 % change on previous year +40.0%
2006 9.76 % change on previous year +2.5%
2007 7.57 % change on previous year -22.5%
2008 -5.12 % change on previous year -167.7%
2009 -14.63 % change on previous year +185.5%
2010 2.45 % change on previous year -116.7%
2011 7.61 % change on previous year +210.5%
2012 3.67 % change on previous year -51.7%
2013 1.76 % change on previous year -52.2%
2014 3.32 % change on previous year +89.2%
2015 1.84 % change on previous year -44.7%
2016 3.09 % change on previous year +68.2%
2017 5.63 % change on previous year +82.2%
2018 3.7 % change on previous year -34.3%
2019 3.73 % change on previous year +0.7%
2020 -2.88 % change on previous year -177.4%
2021 7.15 % change on previous year -348.1%
2022 0.0601 % change on previous year -99.2%
2023 -3.02 % change on previous year -5127.5%
2024 -0.2611 % change on previous year -91.4%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2023 -5127.5% 0.0601 % change on previous year -3.02 % change on previous year
2000 +2475.9% -0.4246 % change on previous year 10.09 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.3409 % change on previous year -21.17 % change on previous year 13.05 % change on previous year 8
2000s 4.44 % change on previous year -14.63 % change on previous year 10.09 % change on previous year 10
2010s 3.68 % change on previous year 1.76 % change on previous year 7.61 % change on previous year 10
2020s 0.2093 % change on previous year -3.02 % change on previous year 7.15 % change on previous year 5

Countries ranked near Estonia

  1. 198 New Zealand -0.1264 % change on previous year compare
  2. 199 Finland -0.1543 % change on previous year compare
  3. 200 Germany -0.2386 % change on previous year compare
  4. 202 Curacao -0.3375 % change on previous year compare
  5. 202 Curaçao -0.3375 % change on previous year compare
  6. 204 Latvia -0.4422 % change on previous year compare

See the full ranking of 224 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross domestic product — value standard local currency, 2015 prices in Estonia?
Gross domestic product — value standard local currency, 2015 prices in Estonia was -0.2611 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Estonia?
The highest recorded value was 13.05 % change on previous year in 1997.
What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Estonia?
The lowest recorded value was -21.17 % change on previous year in 1992.
How does Estonia rank for gross domestic product — value standard local currency, 2015 prices?
Estonia ranks 201st out of 223 countries with data for 2024.
Is gross domestic product — value standard local currency, 2015 prices rising or falling in Estonia?
Over the last ten years it is down 107.9%. 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 Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-2015-prices-annual-growth-rate/estonia/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-2015-prices-annual-growth-rate/estonia/">Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
224 places, 11,298 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.