Gross Fixed Capital Formation — Value Standard Local Currency, per in Estonia

Estonia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.2496 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
0.2496 million SLC per square kilometre
Change on year
up 13.5%
World rank
160th
of 194 countries
All-time high
0.2496 million SLC per square kilometre
in 2023
All-time low
0.0047 million SLC per square kilometre
in 1992
Years of data
32
1992–2023

Gross Fixed Capital Formation — Value Standard Local Currency, per in Estonia, 1992–2023

00.050.10.150.20.251992200720231992: 0.005 million SLC per square kilometre1993: 0.009 million SLC per square kilometre1994: 0.014 million SLC per square kilometre1995: 0.018 million SLC per square kilometre1996: 0.023 million SLC per square kilometre1997: 0.031 million SLC per square kilometre1998: 0.038 million SLC per square kilometre1999: 0.033 million SLC per square kilometre2000: 0.039 million SLC per square kilometre2001: 0.045 million SLC per square kilometre2002: 0.056 million SLC per square kilometre2003: 0.068 million SLC per square kilometre2004: 0.073 million SLC per square kilometre2005: 0.088 million SLC per square kilometre2006: 0.118 million SLC per square kilometre2007: 0.141 million SLC per square kilometre2008: 0.122 million SLC per square kilometre2009: 0.076 million SLC per square kilometre2010: 0.074 million SLC per square kilometre2011: 0.104 million SLC per square kilometre2012: 0.121 million SLC per square kilometre2013: 0.121 million SLC per square kilometre2014: 0.119 million SLC per square kilometre2015: 0.116 million SLC per square kilometre2016: 0.122 million SLC per square kilometre2017: 0.145 million SLC per square kilometre2018: 0.164 million SLC per square kilometre2019: 0.177 million SLC per square kilometre2020: 0.203 million SLC per square kilometre2021: 0.211 million SLC per square kilometre2022: 0.22 million SLC per square kilometre2023: 0.25 million SLC per square kilometre

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

In 2023, gross fixed capital formation — value standard local currency, per in Estonia stood at 0.2496 million SLC per square kilometre. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 13.5% on the previous year and up 105.4% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Estonia peaked at 0.2496 million SLC per square kilometre in 2023 and was at its lowest, 0.0047 million SLC per square kilometre, in 1992.

That places Estonia 160th out of 194 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, per in Estonia, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre in Estonia, 1992 to 2023.
Year million SLC per square kilometre Change
1992 0.0047 million SLC per square kilometre
1993 0.0089 million SLC per square kilometre +91.7%
1994 0.0135 million SLC per square kilometre +51.6%
1995 0.0179 million SLC per square kilometre +32.1%
1996 0.0235 million SLC per square kilometre +31.1%
1997 0.0308 million SLC per square kilometre +31.5%
1998 0.0377 million SLC per square kilometre +22.2%
1999 0.033 million SLC per square kilometre -12.4%
2000 0.0389 million SLC per square kilometre +17.8%
2001 0.0453 million SLC per square kilometre +16.2%
2002 0.0564 million SLC per square kilometre +24.7%
2003 0.0676 million SLC per square kilometre +19.8%
2004 0.0732 million SLC per square kilometre +8.2%
2005 0.088 million SLC per square kilometre +20.2%
2006 0.1178 million SLC per square kilometre +33.9%
2007 0.1409 million SLC per square kilometre +19.5%
2008 0.1221 million SLC per square kilometre -13.3%
2009 0.0757 million SLC per square kilometre -38.0%
2010 0.0739 million SLC per square kilometre -2.3%
2011 0.1042 million SLC per square kilometre +40.9%
2012 0.1215 million SLC per square kilometre +16.6%
2013 0.1215 million SLC per square kilometre +0.0%
2014 0.1189 million SLC per square kilometre -2.1%
2015 0.1163 million SLC per square kilometre -2.1%
2016 0.1223 million SLC per square kilometre +5.1%
2017 0.1446 million SLC per square kilometre +18.3%
2018 0.1645 million SLC per square kilometre +13.7%
2019 0.1775 million SLC per square kilometre +7.9%
2020 0.2032 million SLC per square kilometre +14.5%
2021 0.2113 million SLC per square kilometre +4.0%
2022 0.2199 million SLC per square kilometre +4.1%
2023 0.2496 million SLC per square kilometre +13.5%

Estonia compared with similar countries

  • Estonia's 0.2496 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 10% of the median. (73 countries reporting)
  • Estonia's 0.2496 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 13% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0213 million SLC per square kilometre 0.0047 million SLC per square kilometre 0.0377 million SLC per square kilometre 8
2000s 0.0826 million SLC per square kilometre 0.0389 million SLC per square kilometre 0.1409 million SLC per square kilometre 10
2010s 0.1265 million SLC per square kilometre 0.0739 million SLC per square kilometre 0.1775 million SLC per square kilometre 10
2020s 0.221 million SLC per square kilometre 0.2032 million SLC per square kilometre 0.2496 million SLC per square kilometre 4

Countries ranked near Estonia

  1. 157 Lithuania 0.2804 million SLC per square kilometre compare
  2. 158 Bahamas 0.2789 million SLC per square kilometre compare
  3. 159 Greece 0.2662 million SLC per square kilometre compare
  4. 161 Georgia 0.2479 million SLC per square kilometre compare
  5. 162 Turks and Caicos Islands 0.2418 million SLC per square kilometre compare
  6. 163 Belarus 0.2326 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in Estonia?
Gross fixed capital formation — value standard local currency, per in Estonia was 0.2496 million SLC per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, per recorded in Estonia?
The highest recorded value was 0.2496 million SLC per square kilometre in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Estonia?
The lowest recorded value was 0.0047 million SLC per square kilometre in 1992.
How does Estonia rank for gross fixed capital formation — value standard local currency, per?
Estonia ranks 160th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in Estonia?
Over the last ten years it is up 105.4%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, per in Estonia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-square-kilometre/estonia/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.