Gross Domestic Product — Value US$, annual growth rate in Estonia
Estonia: Gross Domestic Product — Value US$, annual growth rate was 3.57 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Estonia, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Estonia recorded 3.57 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.
Compared with earlier readings it is down 53.0% on the previous year and down 43.4% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Estonia peaked at 34.01 % change on previous year in 2003 and was at its lowest, -19.37 % change on previous year, in 1992.
That places Estonia 159th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Estonia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -19.37 % change on previous year | — |
| 1993 | -3.51 % change on previous year | -81.9% |
| 1994 | 0.1009 % change on previous year | -102.9% |
| 1995 | 6.45 % change on previous year | +6291.4% |
| 1996 | 6.86 % change on previous year | +6.4% |
| 1997 | 7.76 % change on previous year | +13.1% |
| 1998 | 10 % change on previous year | +28.9% |
| 1999 | 1.65 % change on previous year | -83.5% |
| 2000 | -1.27 % change on previous year | -176.6% |
| 2001 | 9.83 % change on previous year | -876.0% |
| 2002 | 17.91 % change on previous year | +82.2% |
| 2003 | 34.01 % change on previous year | +89.8% |
| 2004 | 23 % change on previous year | -32.4% |
| 2005 | 16.12 % change on previous year | -29.9% |
| 2006 | 20.75 % change on previous year | +28.7% |
| 2007 | 31.77 % change on previous year | +53.1% |
| 2008 | 8.33 % change on previous year | -73.8% |
| 2009 | -19.21 % change on previous year | -330.7% |
| 2010 | -0.5432 % change on previous year | -97.2% |
| 2011 | 19.29 % change on previous year | -3650.6% |
| 2012 | -0.2854 % change on previous year | -101.5% |
| 2013 | 9.53 % change on previous year | -3438.2% |
| 2014 | 6.31 % change on previous year | -33.8% |
| 2015 | -13.84 % change on previous year | -319.5% |
| 2016 | 5.36 % change on previous year | -138.7% |
| 2017 | 11.84 % change on previous year | +121.0% |
| 2018 | 13.66 % change on previous year | +15.4% |
| 2019 | 2.09 % change on previous year | -84.7% |
| 2020 | -0.166 % change on previous year | -108.0% |
| 2021 | 16.92 % change on previous year | -10294.2% |
| 2022 | 3.15 % change on previous year | -81.4% |
| 2023 | 7.6 % change on previous year | +141.3% |
| 2024 | 3.57 % change on previous year | -53.0% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Estonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +10294.2% | -0.166 % change on previous year | 16.92 % change on previous year |
| 1995 | +6291.4% | 0.1009 % change on previous year | 6.45 % change on previous year |
| 2011 | +3650.6% | -0.5432 % change on previous year | 19.29 % change on previous year |
| 2013 | +3438.2% | -0.2854 % change on previous year | 9.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.24 % change on previous year | -19.37 % change on previous year | 10 % change on previous year | 8 |
| 2000s | 14.12 % change on previous year | -19.21 % change on previous year | 34.01 % change on previous year | 10 |
| 2010s | 5.34 % change on previous year | -13.84 % change on previous year | 19.29 % change on previous year | 10 |
| 2020s | 6.21 % change on previous year | -0.166 % change on previous year | 16.92 % change on previous year | 5 |
Countries ranked near Estonia
- 156 Trinidad and Tobago 3.67 % change on previous year compare
- 157 France 3.61 % change on previous year compare
- 158 Netherlands Antilles (former) 3.59 % change on previous year compare
- 160 Tuvalu 3.56 % change on previous year compare
- 161 Panama 3.53 % change on previous year compare
- 162 Equatorial Guinea 3.47 % change on previous year compare
More economy & growth data for Estonia
- Foreign direct investment, net outflows (BoP, current US$), 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 — value us$, annual growth rate in Estonia?
- Gross domestic product — value us$, annual growth rate in Estonia was 3.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Estonia?
- The highest recorded value was 34.01 % change on previous year in 2003.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Estonia?
- The lowest recorded value was -19.37 % change on previous year in 1992.
- How does Estonia rank for gross domestic product — value us$, annual growth rate?
- Estonia ranks 159th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Estonia?
- Over the last ten years it is down 43.4%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.