The Gross Domestic Product (GDP) in Estonia expanded 1 percent in the third quarter of 2019 over the previous quarter.

GDP Growth Rate in Estonia averaged 1.01 percent from 1995 until 2019, reaching an all time high of 4.80 percent in the first quarter of 2004 and a record low of -9.10 percent in the fourth quarter of 2008. This page provides - Estonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Growth Rate in Estonia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Estonia to stand at 0.70 in 12 months time. In the long-term, the Estonia GDP Growth Rate is projected to trend around 0.40 percent in 2020, according to our econometric models.


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Estonia GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.80 4.80 -9.10 1995 - 2019 percent Quarterly
SA, WDA

Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 06:00 AM Q4 2.2% 0.3% 0.6%
2019-05-31 05:00 AM Q1 0.5% 2.1% 0.2%
2019-08-30 05:00 AM Q2 0.4% 0.9% 0.3%
2019-11-29 06:00 AM Q3 1.0% 0.8% 0.3%
2020-02-28 06:00 AM Q4 1.0% 0.3%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Estonia GDP Growth Rate
On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by gross fixed capital formation (25 percent, one of the highest among EU countries) and government expenditure (20 percent). Exports of goods and services account for 84 percent of GDP while imports account for 81 percent, adding 3 percent of total GDP. .

Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.80 4.80 -9.10 percent [+]
GDP Annual Growth Rate 4.20 3.80 13.20 -19.30 percent [+]
GDP 30.28 26.61 30.28 3.90 USD Billion [+]
GDP Constant Prices 6111.54 6221.07 6253.91 2149.07 EUR Million [+]
Gross Fixed Capital Formation 1619.82 1714.11 1755.73 296.16 EUR Million [+]
GDP per capita 19948.90 19257.50 19948.90 6840.10 USD [+]
GDP per capita PPP 30990.51 29916.36 30990.51 10626.06 USD [+]
GDP From Agriculture 163.67 82.17 218.36 31.98 EUR Million [+]
GDP From Construction 441.41 432.87 470.80 64.54 EUR Million [+]
GDP From Manufacturing 841.79 904.89 904.89 217.02 EUR Million [+]
GDP From Mining 71.68 88.42 106.39 24.42 EUR Million [+]
GDP From Services 93.33 87.83 97.98 27.32 EUR Million [+]
GDP From Transport 530.90 518.44 530.90 178.40 EUR Million [+]