Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Estonia

Estonia: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 31.13 % in 2024. ▲ Rising

Latest (2024)
31.13 %
Change on year
down 6.7%
World rank
35th
of 203 countries
All-time high
35.03 %
in 2020
All-time low
12.12 %
in 1992
Years of data
34
1991–2024

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Estonia, 1991–2024

1015202530351991200720241991: 17 %1992: 12.1 %1993: 13.5 %1994: 14.6 %1995: 14.6 %1996: 16.6 %1997: 18.2 %1998: 21.4 %1999: 18.4 %2000: 19.1 %2001: 20.4 %2002: 23.6 %2003: 25.8 %2004: 25.5 %2005: 26.8 %2006: 30 %2007: 30.8 %2008: 28.2 %2009: 20.7 %2010: 19.8 %2011: 25 %2012: 26.9 %2013: 26.9 %2014: 25.3 %2015: 24.1 %2016: 24.5 %2017: 26.4 %2018: 28.2 %2019: 28.8 %2020: 35 %2021: 32.8 %2022: 30.1 %2023: 33.4 %2024: 31.1 %

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

Analysis

Estonia recorded 31.13 % for gross fixed capital formation — share of gdp us$, 2015 prices in 2024.

That represents a change of down 6.7% on the previous year and up 23.0% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Estonia peaked at 35.03 % in 2020 and was at its lowest, 12.12 %, in 1992.

Estonia ranks 35th of 203 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Estonia, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Estonia, 1991 to 2024.
Year % Change
1991 16.96 %
1992 12.12 % -28.5%
1993 13.47 % +11.2%
1994 14.6 % +8.4%
1995 14.57 % -0.2%
1996 16.62 % +14.1%
1997 18.16 % +9.2%
1998 21.39 % +17.8%
1999 18.42 % -13.9%
2000 19.1 % +3.7%
2001 20.39 % +6.7%
2002 23.56 % +15.6%
2003 25.78 % +9.4%
2004 25.47 % -1.2%
2005 26.84 % +5.4%
2006 30.02 % +11.8%
2007 30.78 % +2.5%
2008 28.19 % -8.4%
2009 20.74 % -26.4%
2010 19.8 % -4.5%
2011 24.95 % +26.0%
2012 26.94 % +8.0%
2013 26.87 % -0.3%
2014 25.31 % -5.8%
2015 24.07 % -4.9%
2016 24.54 % +2.0%
2017 26.45 % +7.8%
2018 28.19 % +6.6%
2019 28.85 % +2.3%
2020 35.03 % +21.4%
2021 32.79 % -6.4%
2022 30.1 % -8.2%
2023 33.36 % +10.8%
2024 31.13 % -6.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.26 % 12.12 % 21.39 % 9
2000s 25.09 % 19.1 % 30.78 % 10
2010s 25.6 % 19.8 % 28.85 % 10
2020s 32.48 % 30.1 % 35.03 % 5

Countries ranked near Estonia

  1. 32 Bahrain 31.51 % compare
  2. 33 Saint Kitts and Nevis 31.45 % compare
  3. 34 Congo 31.33 % compare
  4. 36 Saudi Arabia 30.1 % compare
  5. 37 Republic of Korea 29.86 % compare
  6. 38 Nepal 29.69 % compare

See the full ranking of 251 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$, 2015 prices in Estonia?
Gross fixed capital formation — share of gdp us$, 2015 prices in Estonia was 31.13 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Estonia?
The highest recorded value was 35.03 % in 2020.
What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Estonia?
The lowest recorded value was 12.12 % in 1992.
How does Estonia rank for gross fixed capital formation — share of gdp us$, 2015 prices?
Estonia ranks 35th out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Estonia?
Over the last ten years it is up 23.0%. 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 Fixed Capital Formation — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Estonia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us-2015-prices/estonia/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 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).