Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Estonia
Estonia: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 8,561 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Estonia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Estonia recorded 8,561 million USD for gross fixed capital formation — value us$, 2015 prices 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 us$, 2015 prices in Estonia peaked at 9,318 million USD in 2021 and was at its lowest, 1,296 million USD, in 1992.
That places Estonia 107th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Estonia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 2,301 million USD | — |
| 1992 | 1,296 million USD | -43.7% |
| 1993 | 1,358 million USD | +4.8% |
| 1994 | 1,443 million USD | +6.2% |
| 1995 | 1,501 million USD | +4.1% |
| 1996 | 1,797 million USD | +19.7% |
| 1997 | 2,219 million USD | +23.5% |
| 1998 | 2,728 million USD | +22.9% |
| 1999 | 2,338 million USD | -14.3% |
| 2000 | 2,670 million USD | +14.2% |
| 2001 | 3,018 million USD | +13.0% |
| 2002 | 3,729 million USD | +23.6% |
| 2003 | 4,390 million USD | +17.7% |
| 2004 | 4,632 million USD | +5.5% |
| 2005 | 5,347 million USD | +15.4% |
| 2006 | 6,564 million USD | +22.8% |
| 2007 | 7,240 million USD | +10.3% |
| 2008 | 6,291 million USD | -13.1% |
| 2009 | 3,951 million USD | -37.2% |
| 2010 | 3,864 million USD | -2.2% |
| 2011 | 5,240 million USD | +35.6% |
| 2012 | 5,866 million USD | +11.9% |
| 2013 | 5,953 million USD | +1.5% |
| 2014 | 5,794 million USD | -2.7% |
| 2015 | 5,611 million USD | -3.2% |
| 2016 | 5,898 million USD | +5.1% |
| 2017 | 6,714 million USD | +13.8% |
| 2018 | 7,421 million USD | +10.5% |
| 2019 | 7,878 million USD | +6.2% |
| 2020 | 9,289 million USD | +17.9% |
| 2021 | 9,318 million USD | +0.3% |
| 2022 | 8,560 million USD | -8.1% |
| 2023 | 9,198 million USD | +7.5% |
| 2024 | 8,561 million USD | -6.9% |
Estonia compared with similar countries
- Estonia's 8,561 million USD is below the median for high income countries, which is 13,942 million USD, 61% of the median. (73 countries reporting)
- Estonia's 8,561 million USD is below the median for Europe & Central Asia, which is 18,064 million USD, 47% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,887 million USD | 1,296 million USD | 2,728 million USD | 9 |
| 2000s | 4,783 million USD | 2,670 million USD | 7,240 million USD | 10 |
| 2010s | 6,024 million USD | 3,864 million USD | 7,878 million USD | 10 |
| 2020s | 8,985 million USD | 8,560 million USD | 9,318 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 fixed capital formation — value us$, 2015 prices in Estonia?
- Gross fixed capital formation — value us$, 2015 prices in Estonia was 8,561 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Estonia?
- The highest recorded value was 9,318 million USD in 2021.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Estonia?
- The lowest recorded value was 1,296 million USD in 1992.
- How does Estonia rank for gross fixed capital formation — value us$, 2015 prices?
- Estonia ranks 107th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 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).