Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Estonia
Estonia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 7,716 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Estonia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Estonia recorded 7,716 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
Compared with earlier readings it is down 6.9% on the previous year and up 47.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Estonia peaked at 8,399 million SLC in 2021 and was at its lowest, 1,168 million SLC, in 1992.
Estonia ranks 144th of 194 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in Estonia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 2,074 million SLC | — |
| 1992 | 1,168 million SLC | -43.7% |
| 1993 | 1,224 million SLC | +4.8% |
| 1994 | 1,300 million SLC | +6.2% |
| 1995 | 1,353 million SLC | +4.1% |
| 1996 | 1,620 million SLC | +19.7% |
| 1997 | 2,000 million SLC | +23.5% |
| 1998 | 2,459 million SLC | +22.9% |
| 1999 | 2,108 million SLC | -14.3% |
| 2000 | 2,406 million SLC | +14.2% |
| 2001 | 2,720 million SLC | +13.0% |
| 2002 | 3,361 million SLC | +23.6% |
| 2003 | 3,957 million SLC | +17.7% |
| 2004 | 4,175 million SLC | +5.5% |
| 2005 | 4,819 million SLC | +15.4% |
| 2006 | 5,916 million SLC | +22.8% |
| 2007 | 6,526 million SLC | +10.3% |
| 2008 | 5,670 million SLC | -13.1% |
| 2009 | 3,561 million SLC | -37.2% |
| 2010 | 3,483 million SLC | -2.2% |
| 2011 | 4,723 million SLC | +35.6% |
| 2012 | 5,287 million SLC | +11.9% |
| 2013 | 5,366 million SLC | +1.5% |
| 2014 | 5,222 million SLC | -2.7% |
| 2015 | 5,057 million SLC | -3.2% |
| 2016 | 5,316 million SLC | +5.1% |
| 2017 | 6,051 million SLC | +13.8% |
| 2018 | 6,688 million SLC | +10.5% |
| 2019 | 7,100 million SLC | +6.2% |
| 2020 | 8,372 million SLC | +17.9% |
| 2021 | 8,399 million SLC | +0.3% |
| 2022 | 7,715 million SLC | -8.1% |
| 2023 | 8,290 million SLC | +7.5% |
| 2024 | 7,716 million SLC | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,701 million SLC | 1,168 million SLC | 2,459 million SLC | 9 |
| 2000s | 4,311 million SLC | 2,406 million SLC | 6,526 million SLC | 10 |
| 2010s | 5,429 million SLC | 3,483 million SLC | 7,100 million SLC | 10 |
| 2020s | 8,098 million SLC | 7,715 million SLC | 8,399 million SLC | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- 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)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5362 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 18,454 constant LCU per person (2025)
- GDP (current US$), annual growth rate 9.04 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Estonia?
- Gross fixed capital formation — value standard local currency, 2015 in Estonia was 7,716 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Estonia?
- The highest recorded value was 8,399 million SLC in 2021.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Estonia?
- The lowest recorded value was 1,168 million SLC in 1992.
- How does Estonia rank for gross fixed capital formation — value standard local currency, 2015?
- Estonia ranks 144th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Estonia?
- Over the last ten years it is up 47.8%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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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).