Total factor productivity in Estonia
Estonia: Total factor productivity was 0.9057 in 2023. ▲ Rising
Latest (2023)
0.9057
Change on year
down 6.0%
World rank
116th
of 120 countries
All-time high
1
in 2021
All-time low
0.5282
in 1994
Years of data
30
1994–2023
Total factor productivity in Estonia, 1994–2023
Source: 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
- 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 total factor productivity in Estonia?
- Total factor productivity in Estonia was 0.9057 in 2023, according to 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 Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).