Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia
Estonia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 24,788 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Estonia stood at 24,788 million SLC.
That represents a change of down 0.3% on the previous year and up 20.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Estonia peaked at 25,628 million SLC in 2022 and was at its lowest, 8,905 million SLC, in 1994.
Estonia ranks 151st of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Estonia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 12,228 million SLC | — |
| 1992 | 9,640 million SLC | -21.2% |
| 1993 | 9,086 million SLC | -5.7% |
| 1994 | 8,905 million SLC | -2.0% |
| 1995 | 9,285 million SLC | +4.3% |
| 1996 | 9,744 million SLC | +4.9% |
| 1997 | 11,016 million SLC | +13.1% |
| 1998 | 11,494 million SLC | +4.3% |
| 1999 | 11,445 million SLC | -0.4% |
| 2000 | 12,600 million SLC | +10.1% |
| 2001 | 13,340 million SLC | +5.9% |
| 2002 | 14,265 million SLC | +6.9% |
| 2003 | 15,349 million SLC | +7.6% |
| 2004 | 16,393 million SLC | +6.8% |
| 2005 | 17,954 million SLC | +9.5% |
| 2006 | 19,707 million SLC | +9.8% |
| 2007 | 21,199 million SLC | +7.6% |
| 2008 | 20,112 million SLC | -5.1% |
| 2009 | 17,170 million SLC | -14.6% |
| 2010 | 17,590 million SLC | +2.4% |
| 2011 | 18,928 million SLC | +7.6% |
| 2012 | 19,624 million SLC | +3.7% |
| 2013 | 19,968 million SLC | +1.8% |
| 2014 | 20,632 million SLC | +3.3% |
| 2015 | 21,011 million SLC | +1.8% |
| 2016 | 21,661 million SLC | +3.1% |
| 2017 | 22,881 million SLC | +5.6% |
| 2018 | 23,728 million SLC | +3.7% |
| 2019 | 24,612 million SLC | +3.7% |
| 2020 | 23,902 million SLC | -2.9% |
| 2021 | 25,612 million SLC | +7.2% |
| 2022 | 25,628 million SLC | +0.1% |
| 2023 | 24,853 million SLC | -3.0% |
| 2024 | 24,788 million SLC | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,316 million SLC | 8,905 million SLC | 12,228 million SLC | 9 |
| 2000s | 16,809 million SLC | 12,600 million SLC | 21,199 million SLC | 10 |
| 2010s | 21,063 million SLC | 17,590 million SLC | 24,612 million SLC | 10 |
| 2020s | 24,957 million SLC | 23,902 million SLC | 25,628 million SLC | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Exports of goods and services (current LCU), annual growth rate 8.17 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.6935 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 23,868 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5254 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,084 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 10.54 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2422 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 8,337 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2144 current LCU per US$ of GDP (2025)
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 24,788 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Estonia?
- The highest recorded value was 25,628 million SLC in 2022.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Estonia?
- The lowest recorded value was 8,905 million SLC in 1994.
- How does Estonia rank for gross domestic product — value standard local currency, 2015 prices?
- Estonia ranks 151st out of 194 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 up 20.1%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).