Gross Fixed Capital Formation — Value US$ (US Value) in Estonia
Estonia: Gross Fixed Capital Formation — Value US$ (US Value) was 11,165 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Estonia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Estonia recorded 11,165 million USD for gross fixed capital formation — value us$ in 2024.
Compared with earlier readings it is down 3.2% on the previous year and up 62.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Estonia peaked at 11,532 million USD in 2023 and was at its lowest, 953.58 million USD, in 1992.
Estonia ranks 103rd of 235 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 US$ (US Value) in Estonia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 1,193 million USD | — |
| 1992 | 953.58 million USD | -20.0% |
| 1993 | 1,041 million USD | +9.2% |
| 1994 | 1,155 million USD | +10.9% |
| 1995 | 1,186 million USD | +2.7% |
| 1996 | 1,293 million USD | +9.0% |
| 1997 | 1,474 million USD | +14.0% |
| 1998 | 1,777 million USD | +20.5% |
| 1999 | 1,493 million USD | -16.0% |
| 2000 | 1,522 million USD | +1.9% |
| 2001 | 1,717 million USD | +12.8% |
| 2002 | 2,254 million USD | +31.2% |
| 2003 | 3,237 million USD | +43.6% |
| 2004 | 3,855 million USD | +19.1% |
| 2005 | 4,638 million USD | +20.3% |
| 2006 | 6,270 million USD | +35.2% |
| 2007 | 8,171 million USD | +30.3% |
| 2008 | 7,573 million USD | -7.3% |
| 2009 | 4,457 million USD | -41.1% |
| 2010 | 4,152 million USD | -6.9% |
| 2011 | 6,146 million USD | +48.0% |
| 2012 | 6,615 million USD | +7.6% |
| 2013 | 7,014 million USD | +6.0% |
| 2014 | 6,866 million USD | -2.1% |
| 2015 | 5,611 million USD | -18.3% |
| 2016 | 5,885 million USD | +4.9% |
| 2017 | 6,984 million USD | +18.7% |
| 2018 | 8,303 million USD | +18.9% |
| 2019 | 8,494 million USD | +2.3% |
| 2020 | 9,922 million USD | +16.8% |
| 2021 | 10,684 million USD | +7.7% |
| 2022 | 9,896 million USD | -7.4% |
| 2023 | 11,532 million USD | +16.5% |
| 2024 | 11,165 million USD | -3.2% |
Estonia compared with similar countries
- Estonia's 11,165 million USD is below the median for high income countries, which is 20,129 million USD, 55% of the median. (73 countries reporting)
- Estonia's 11,165 million USD is below the median for Europe & Central Asia, which is 26,071 million USD, 43% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,285 million USD | 953.58 million USD | 1,777 million USD | 9 |
| 2000s | 4,369 million USD | 1,522 million USD | 8,171 million USD | 10 |
| 2010s | 6,607 million USD | 4,152 million USD | 8,494 million USD | 10 |
| 2020s | 10,640 million USD | 9,896 million USD | 11,532 million USD | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Real gdp growth, annual growth rate 748.89 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Estonia?
- Gross fixed capital formation — value us$ in Estonia was 11,165 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Estonia?
- The highest recorded value was 11,532 million USD in 2023.
- What is the lowest gross fixed capital formation — value us$ recorded in Estonia?
- The lowest recorded value was 953.58 million USD in 1992.
- How does Estonia rank for gross fixed capital formation — value us$?
- Estonia ranks 103rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Estonia?
- Over the last ten years it is up 62.6%. 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$. 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).