Venture capital investments in Estonia
Estonia: Venture capital investments was 0.3399 Percentage of GDP in 2025. ◆ Volatile
Venture capital investments in Estonia, 2007–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2025, venture capital investments in Estonia stood at 0.3399 Percentage of GDP.
That represents a change of up 68.5% on the previous year and up 1,166.7% over ten years.
Over the whole period, venture capital investments in Estonia peaked at 0.4719 Percentage of GDP in 2021 and was at its lowest, 0.0081 Percentage of GDP, in 2011.
The series is highly variable year to year, so single readings are best treated with caution.
Venture capital investments in Estonia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2007 | 0.0099 Percentage of GDP | — |
| 2008 | 0.0251 Percentage of GDP | +154.0% |
| 2009 | 0.0325 Percentage of GDP | +29.4% |
| 2010 | 0.0466 Percentage of GDP | +43.3% |
| 2011 | 0.0081 Percentage of GDP | -82.5% |
| 2012 | 0.0443 Percentage of GDP | +444.4% |
| 2013 | 0.0276 Percentage of GDP | -37.7% |
| 2014 | 0.0506 Percentage of GDP | +83.6% |
| 2015 | 0.0268 Percentage of GDP | -47.0% |
| 2016 | 0.029 Percentage of GDP | +8.2% |
| 2017 | 0.0166 Percentage of GDP | -43.0% |
| 2018 | 0.1184 Percentage of GDP | +615.1% |
| 2019 | 0.092 Percentage of GDP | -22.3% |
| 2020 | 0.102 Percentage of GDP | +10.9% |
| 2021 | 0.4719 Percentage of GDP | +362.5% |
| 2022 | 0.4177 Percentage of GDP | -11.5% |
| 2023 | 0.1249 Percentage of GDP | -70.1% |
| 2024 | 0.2018 Percentage of GDP | +61.6% |
| 2025 | 0.3399 Percentage of GDP | +68.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0225 Percentage of GDP | 0.0099 Percentage of GDP | 0.0325 Percentage of GDP | 3 |
| 2010s | 0.046 Percentage of GDP | 0.0081 Percentage of GDP | 0.1184 Percentage of GDP | 10 |
| 2020s | 0.2764 Percentage of GDP | 0.102 Percentage of GDP | 0.4719 Percentage of GDP | 6 |
Countries ranked near Estonia
- 1 Israel 1.81 Percentage of GDP compare
- 2 Croatia 0.0091 Percentage of GDP compare
- 2 United States of America 0.6244 Percentage of GDP compare
- 2 Netherlands 0.0998 Percentage of GDP compare
- 3 Lithuania 0.0651 Percentage of GDP compare
- 3 Sweden 0.2056 Percentage of GDP compare
- 4 Canada 0.1845 Percentage of GDP compare
- 4 Poland 0.0337 Percentage of GDP compare
More economy & growth data for Estonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 43.22 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 22 Percentage of taxable income (2026)
Frequently asked questions
- What is venture capital investments in Estonia?
- Venture capital investments in Estonia was 0.3399 Percentage of GDP in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest venture capital investments recorded in Estonia?
- The highest recorded value was 0.4719 Percentage of GDP in 2021.
- What is the lowest venture capital investments recorded in Estonia?
- The lowest recorded value was 0.0081 Percentage of GDP in 2011.
- How does Estonia rank for venture capital investments?
- Estonia ranks 1st out of 6 countries with data for 2025.
- Is venture capital investments rising or falling in Estonia?
- Over the last ten years it is up 1,166.7%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Venture capital investments (market statistics). Statizoid updates them automatically from the source API.
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About this data
In the OECD Entrepreneurship Financing Database, venture capital is made up of the sum of early stage (including pre-seed, seed, start-up and other early stage) and later stage venture capital. As there are no harmonised definitions of venture capital stages across venture capital associations and other data providers, original data have been re-aggregated to fit the OECD classification of venture capital by stages. Korea, New Zealand, the Russian Federation and South Africa do not provide breakdowns of venture capital by stage that would allow meaningful international comparisons. The attached table shows the correspondences between original data and OECD harmonised data for venture capital investments by stage. https://webfs-sdd.oecd.org/files/.Stat/VC_INV/VC_OECD_HarmonisedStages.xlsx Venture capital is a form of equity financing particularly relevant for young companies with innovation and growth potential but untested business models and no track record; it replaces or complements traditional bank finance. The development of the venture capital industry is considered an important framework condition to stimulate innovative entrepreneurship. Aggregate data on venture capital provide useful information on trends in the venture capital industry. These data are typically compiled by national or regional Private Equity and Venture Capital Associations, often with the support of commercial data providers. The quality and availability of aggregate data on venture capital have improved considerably in recent years; international comparisons, however, remain complicated because of two main problems. The first difficulty comes from the lack of a standard international definition of venture capital. While there is a general understanding, the definition of the types of investments included in venture capital varies across countries and regions. In some cases, differences are purely linguistic; in others, they are more substantive. The second problem relates to the diverse methodologies employed by data compilers. The completeness and representativeness of venture capital statistics with respect to the venture capital industry of a country will differ depending on how data were collected. The units used are : Millions of US Dollars and share of GDP. OECD statistics contact: stat.contact@oecd.org