The Gross Domestic Product (GDP) in Estonia expanded 2.20 percent in the fourth quarter of 2018 over the previous quarter. GDP Growth Rate in Estonia averaged 1.02 percent from 1995 until 2018, 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.

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.

Estonia GDP Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-31 05:00 AM GDP Growth Rate QoQ -0.1% 2.1% 0.5%
2018-08-31 05:00 AM GDP Growth Rate QoQ 1.4% 0.2% 0.7%
2018-11-30 06:00 AM GDP Growth Rate QoQ 0.4% 1.4% 0.7%
2019-02-28 06:00 AM GDP Growth Rate QoQ 2.2% 0.3% 0.6%
2019-05-31 05:00 AM GDP Growth Rate QoQ 2.2% 0.2%
2019-08-30 05:00 AM GDP Growth Rate QoQ 0.3%
2019-11-29 06:00 AM GDP Growth Rate QoQ 0.3%


Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.20 0.30 4.80 -9.10 percent [+]
GDP Annual Growth Rate 4.20 4.00 13.20 -19.30 percent [+]
GDP 25.92 23.34 26.22 3.88 USD Billion [+]
GDP Constant Prices 5237.55 4951.35 5237.55 1865.23 EUR Million [+]
Gross Fixed Capital Formation 1525.22 1307.21 1556.86 268.35 EUR Million [+]
GDP per capita 18977.39 18094.59 18977.39 7313.74 USD [+]
GDP per capita PPP 29481.25 28109.82 29481.25 9423.05 USD [+]
GDP From Agriculture 126.00 136.66 188.29 4.14 EUR Million [+]
GDP From Construction 380.37 425.36 425.36 56.20 EUR Million [+]
GDP From Manufacturing 718.12 715.41 808.58 199.33 EUR Million [+]
GDP From Mining 86.50 71.62 86.50 18.85 EUR Million [+]
GDP From Services 59.63 64.68 72.06 19.45 EUR Million [+]
GDP From Transport 400.10 396.19 414.64 149.74 EUR Million [+]


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. . 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 0.30 4.80 -9.10 1995 - 2018 percent Quarterly
SA, WDA




Country Last Previous
Singapore 3.80 Mar/19
United States 3.20 Mar/19
India 1.60 Dec/18
China 1.40 Mar/19
South Africa 1.40 Dec/18
Saudi Arabia 1.07 Dec/18
Russia 0.80 Dec/18
Spain 0.70 Mar/19
Japan 0.50 Mar/19
Netherlands 0.50 Mar/19
United Kingdom 0.50 Mar/19
Euro Area 0.40 Mar/19
Germany 0.40 Mar/19
France 0.30 Mar/19
Australia 0.20 Dec/18
Italy 0.20 Mar/19
Switzerland 0.20 Dec/18
Brazil 0.10 Dec/18
Canada 0.10 Dec/18
Mexico -0.20 Mar/19
South Korea -0.30 Mar/19
Indonesia -0.52 Mar/19
Argentina -1.20 Dec/18
Turkey -2.40 Dec/18


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