Gross Domestic Product — Value US$ in Estonia

Estonia: Gross Domestic Product — Value US$ was 42,765 million USD in 2024. ◆ Volatile

Latest (2024)
42,765 million USD
Change on year
up 3.6%
World rank
98th
of 203 countries
All-time high
42,765 million USD
in 2024
All-time low
4,200 million USD
in 1993
Years of data
34
1991–2024

Gross Domestic Product — Value US$ in Estonia, 1991–2024

010.0k20.0k30.0k40.0k1991200720241991: 5.4k million USD1992: 4.4k million USD1993: 4.2k million USD1994: 4.2k million USD1995: 4.5k million USD1996: 4.8k million USD1997: 5.2k million USD1998: 5.7k million USD1999: 5.8k million USD2000: 5.7k million USD2001: 6.3k million USD2002: 7.4k million USD2003: 9.9k million USD2004: 12.1k million USD2005: 14.1k million USD2006: 17.0k million USD2007: 22.4k million USD2008: 24.3k million USD2009: 19.6k million USD2010: 19.5k million USD2011: 23.3k million USD2012: 23.2k million USD2013: 25.5k million USD2014: 27.1k million USD2015: 23.3k million USD2016: 24.6k million USD2017: 27.5k million USD2018: 31.2k million USD2019: 31.9k million USD2020: 31.8k million USD2021: 37.2k million USD2022: 38.4k million USD2023: 41.3k million USD2024: 42.8k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Estonia recorded 42,765 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 3.6% on the previous year and up 58.1% over ten years.

Over the whole period, gross domestic product — value us$ in Estonia peaked at 42,765 million USD in 2024 and was at its lowest, 4,200 million USD, in 1993.

Estonia ranks 98th of 203 countries on this measure, 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$ in Estonia, year by year

Annual values for Gross Domestic Product — Value US$ in Estonia, 1991 to 2024.
Year million USD Change
1991 5,399 million USD
1992 4,353 million USD -19.4%
1993 4,200 million USD -3.5%
1994 4,205 million USD +0.1%
1995 4,476 million USD +6.5%
1996 4,783 million USD +6.9%
1997 5,154 million USD +7.8%
1998 5,670 million USD +10.0%
1999 5,764 million USD +1.7%
2000 5,691 million USD -1.3%
2001 6,250 million USD +9.8%
2002 7,370 million USD +17.9%
2003 9,877 million USD +34.0%
2004 12,148 million USD +23.0%
2005 14,107 million USD +16.1%
2006 17,034 million USD +20.8%
2007 22,446 million USD +31.8%
2008 24,314 million USD +8.3%
2009 19,643 million USD -19.2%
2010 19,536 million USD -0.5%
2011 23,304 million USD +19.3%
2012 23,237 million USD -0.3%
2013 25,451 million USD +9.5%
2014 27,056 million USD +6.3%
2015 23,312 million USD -13.8%
2016 24,561 million USD +5.4%
2017 27,470 million USD +11.8%
2018 31,223 million USD +13.7%
2019 31,874 million USD +2.1%
2020 31,821 million USD -0.2%
2021 37,205 million USD +16.9%
2022 38,376 million USD +3.1%
2023 41,291 million USD +7.6%
2024 42,765 million USD +3.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,889 million USD 4,200 million USD 5,764 million USD 9
2000s 13,888 million USD 5,691 million USD 24,314 million USD 10
2010s 25,702 million USD 19,536 million USD 31,874 million USD 10
2020s 38,292 million USD 31,821 million USD 42,765 million USD 5

Countries ranked near Estonia

  1. 95 Libya 45,533 million USD compare
  2. 96 Paraguay 44,290 million USD compare
  3. 97 Latvia 43,189 million USD compare
  4. 99 Nepal 42,545 million USD compare
  5. 100 Myanmar 40,264 million USD compare
  6. 101 Honduras 37,142 million USD compare

See the full ranking of 252 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross domestic product — value us$ in Estonia?
Gross domestic product — value us$ in Estonia was 42,765 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Estonia?
The highest recorded value was 42,765 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Estonia?
The lowest recorded value was 4,200 million USD in 1993.
How does Estonia rank for gross domestic product — value us$?
Estonia ranks 98th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Estonia?
Over the last ten years it is up 58.1%. The long-run trend across the full record is volatile.
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 US$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Estonia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/estonia/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).