Gross Domestic Product — Value US$ in Estonia
Estonia: Gross Domestic Product — Value US$ was 42,765 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Estonia, 1991–2024
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 114th of 236 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
| 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% |
Estonia compared with similar countries
- Estonia's 42,765 million USD is below the median for high income countries, which is 95,350 million USD, 45% of the median. (73 countries reporting)
- Estonia's 42,765 million USD is below the median for Europe & Central Asia, which is 97,163 million USD, 44% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Estonia
- SDRs holdings, US dollar, annual growth rate 4.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0087 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 299.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0241 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 218.94 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.83 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0053 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 181.11 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -1.12 % change on previous year (2025)
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$?
- Estonia ranks 114th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ 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.
Download this data
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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).