Gross fixed capital formation in Estonia
Estonia: Gross fixed capital formation was 3.2% in 2025. ◆ Volatile
Gross fixed capital formation in Estonia, 1994–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in Estonia is 3.2%, measured in 2025.
The figure is up 149.2% on the previous year and up 201.3% over ten years.
Over the whole period, gross fixed capital formation in Estonia peaked at 35.6% in 2011 and was at its lowest, -37.2%, in 2009.
That places Estonia 102nd out of 166 countries with data for 2025, 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 fixed capital formation in Estonia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1994 | 9.2% | — |
| 1995 | 5.6% | -39.5% |
| 1996 | 19.7% | +252.7% |
| 1997 | 23.5% | +19.2% |
| 1998 | 22.9% | -2.4% |
| 1999 | -14.3% | -162.3% |
| 2000 | 14.2% | -199.3% |
| 2001 | 13.0% | -8.2% |
| 2002 | 23.6% | +81.1% |
| 2003 | 17.7% | -24.8% |
| 2004 | 5.5% | -68.9% |
| 2005 | 15.4% | +180.1% |
| 2006 | 22.8% | +47.5% |
| 2007 | 10.3% | -54.7% |
| 2008 | -13.1% | -227.2% |
| 2009 | -37.2% | +183.8% |
| 2010 | -2.2% | -94.1% |
| 2011 | 35.6% | -1715.3% |
| 2012 | 11.9% | -66.5% |
| 2013 | 1.5% | -87.5% |
| 2014 | -2.7% | -278.8% |
| 2015 | -3.2% | +18.4% |
| 2016 | 5.1% | -261.6% |
| 2017 | 13.8% | +170.8% |
| 2018 | 10.5% | -24.0% |
| 2019 | 6.2% | -41.5% |
| 2020 | 17.9% | +190.8% |
| 2021 | 3.2% | -82.3% |
| 2022 | -14.4% | -554.3% |
| 2023 | 2.3% | -116.1% |
| 2024 | -6.5% | -379.8% |
| 2025 | 3.2% | -149.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.1% | -14.3% | 23.5% | 6 |
| 2000s | 7.2% | -37.2% | 23.6% | 10 |
| 2010s | 7.7% | -3.2% | 35.6% | 10 |
| 2020s | 1.0% | -14.4% | 17.9% | 6 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Gross value added at basic prices (GVA) (current US$), annual growth 8.53 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.872 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 30,012 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7717 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 26,560 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.2576 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5072 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,457 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.2576 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Estonia?
- Gross fixed capital formation in Estonia was 3.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Estonia?
- The highest recorded value was 35.6% in 2011.
- What is the lowest gross fixed capital formation recorded in Estonia?
- The lowest recorded value was -37.2% in 2009.
- How does Estonia rank for gross fixed capital formation?
- Estonia ranks 102nd out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Estonia?
- Over the last ten years it is up 201.3%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.