Economic growth in Estonia in recent years have been attributed to foreign direct investments in the timber, textile, computer, electronics and automotive industries. More than two thirds of the Estonian industrial production is for exportation. However, the growth of domestic demand in recent years has reduced the share of foreign trade in the GDP. 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.
. This page provides - Estonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.