Merchandise trade as a proportion of GDP (%) in Estonia
Estonia: Merchandise trade as a proportion of GDP (%) was 95.7% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Estonia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Estonia is 95.7%, measured in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 6.6% on the previous year and down 24.6% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Estonia peaked at 156.2% in 2000 and was at its lowest, 95.7%, in 2024.
Estonia ranks 34th of 220 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 156.2% | — |
| 2001 | 147.9% | -5.3% |
| 2002 | 138.4% | -6.4% |
| 2003 | 137.6% | -0.6% |
| 2004 | 117.4% | -14.6% |
| 2005 | 127.2% | +8.3% |
| 2006 | 135.9% | +6.8% |
| 2007 | 118.9% | -12.5% |
| 2008 | 117.0% | -1.6% |
| 2009 | 97.7% | -16.5% |
| 2010 | 122.3% | +25.1% |
| 2011 | 146.6% | +19.9% |
| 2012 | 147.1% | +0.3% |
| 2013 | 136.7% | -7.1% |
| 2014 | 126.9% | -7.1% |
| 2015 | 117.4% | -7.5% |
| 2016 | 114.5% | -2.4% |
| 2017 | 113.7% | -0.7% |
| 2018 | 115.8% | +1.8% |
| 2019 | 107.1% | -7.5% |
| 2020 | 105.8% | -1.2% |
| 2021 | 121.4% | +14.8% |
| 2022 | 129.8% | +6.9% |
| 2023 | 102.5% | -21.1% |
| 2024 | 95.7% | -6.6% |
Estonia compared with similar countries
- Estonia's 95.7% is above the median for high income countries, which is 56.9%, 1.7× the median. (73 countries reporting)
- Estonia's 95.7% is above the median for Europe & Central Asia, which is 63.9%, 1.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 129.4% | 97.7% | 156.2% | 10 |
| 2010s | 124.8% | 107.1% | 147.1% | 10 |
| 2020s | 111.0% | 95.7% | 129.8% | 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 merchandise trade as a proportion of gdp in Estonia?
- Merchandise trade as a proportion of gdp in Estonia was 95.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Estonia?
- The highest recorded value was 156.2% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Estonia?
- The lowest recorded value was 95.7% in 2024.
- How does Estonia rank for merchandise trade as a proportion of gdp?
- Estonia ranks 34th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Estonia?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is falling.
- Where does this Estonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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