Total factor productivity in Estonia
Estonia: Total factor productivity was 0.9057 in 2023. ▲ Rising
Total factor productivity in Estonia, 1994–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
Analysis
In 2023, total factor productivity in Estonia stood at 0.9057.
Compared with earlier readings it is down 6.0% on the previous year and up 4.1% over ten years.
Over the whole period, total factor productivity in Estonia peaked at 1 in 2021 and was at its lowest, 0.5282, in 1994.
Estonia ranks 116th of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Total factor productivity in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.5282 | — |
| 1995 | 0.566 | +7.2% |
| 1996 | 0.5941 | +5.0% |
| 1997 | 0.6574 | +10.6% |
| 1998 | 0.6621 | +0.7% |
| 1999 | 0.6672 | +0.8% |
| 2000 | 0.7296 | +9.4% |
| 2001 | 0.7545 | +3.4% |
| 2002 | 0.7841 | +3.9% |
| 2003 | 0.8046 | +2.6% |
| 2004 | 0.8339 | +3.6% |
| 2005 | 0.8699 | +4.3% |
| 2006 | 0.894 | +2.8% |
| 2007 | 0.9229 | +3.2% |
| 2008 | 0.8635 | -6.4% |
| 2009 | 0.8218 | -4.8% |
| 2010 | 0.8521 | +3.7% |
| 2011 | 0.8587 | +0.8% |
| 2012 | 0.8731 | +1.7% |
| 2013 | 0.8703 | -0.3% |
| 2014 | 0.8887 | +2.1% |
| 2015 | 0.8807 | -0.9% |
| 2016 | 0.896 | +1.7% |
| 2017 | 0.915 | +2.1% |
| 2018 | 0.9417 | +2.9% |
| 2019 | 0.9584 | +1.8% |
| 2020 | 0.9475 | -1.1% |
| 2021 | 1 | +5.5% |
| 2022 | 0.9632 | -3.7% |
| 2023 | 0.9057 | -6.0% |
Estonia compared with similar countries
- Estonia's 0.9057 is below the median for high income countries, which is 0.994, 91% of the median. (52 countries reporting)
- Estonia's 0.9057 is below the median for Europe & Central Asia, which is 0.9969, 91% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6125 | 0.5282 | 0.6672 | 6 |
| 2000s | 0.8279 | 0.7296 | 0.9229 | 10 |
| 2010s | 0.8935 | 0.8521 | 0.9584 | 10 |
| 2020s | 0.9541 | 0.9057 | 1 | 4 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Foreign direct investment, net outflows (BoP, current US$), gaps -24.28 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -17.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -838.20 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 75.62 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0178 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -613.4 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 17.56 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0519 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,785 includes gold, current US$ per person (2025)
Frequently asked questions
- What is total factor productivity in Estonia?
- Total factor productivity in Estonia was 0.9057 in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest total factor productivity recorded in Estonia?
- The highest recorded value was 1 in 2021.
- What is the lowest total factor productivity recorded in Estonia?
- The lowest recorded value was 0.5282 in 1994.
- How does Estonia rank for total factor productivity?
- Estonia ranks 116th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Estonia?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
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About this data
This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.