Estonia GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

The Estonian economy grew by 3.7 percent year-on-year in the second quarter of 2018, following a downwardly revised 3.3 percent expansion in the previous period, mainly driven by a pick up in household consumption (4 percent vs 3.8 percent in Q1) while fixed investment fell at a softer pace (-0.8 percent vs -9.2 percent). Meanwhile, public spending contracted (-0.5 percent vs unchanged) and net external demand contributed negatively to GDP growth as imports jumped 7 percent (vs 5.7 percent in Q1) and exports rose at a softer 5.9 percent (vs 0.2 percent in Q1). On the production side, the main contributors to economic growth were construction; manufacturing; professional, scientific & technical activities; transportation & storage; and information & communication. On a seasonally adjusted quarterly basis, the GDP rose by 1.4 percent in the three months to June, following an upwardly revised 0.2 percent growth in the previous period. GDP Annual Growth Rate in Estonia averaged 4.18 percent from 1996 until 2018, reaching an all time high of 13.20 percent in the fourth quarter of 1997 and a record low of -19.30 percent in the third quarter of 2009.

Estonia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-28 06:00 AM GDP Growth Rate YoY 5% 4.2% 4.5%
2018-05-31 05:00 AM GDP Growth Rate YoY 3.6% 5% 4.6%
2018-08-31 05:00 AM GDP Growth Rate YoY 3.7% 3.3% 4.2%
2018-11-30 06:00 AM GDP Growth Rate YoY 3.7% 4.1%


Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 0.20 4.80 -9.10 percent [+]
GDP Annual Growth Rate 3.70 3.30 13.20 -19.30 percent [+]
GDP 25.92 23.34 26.22 3.88 USD Billion [+]
GDP Constant Prices 5078.95 4533.04 5078.95 1865.23 EUR Million [+]
Gross Fixed Capital Formation 1302.22 971.79 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 1.44 69.51 188.39 1.44 EUR Million [+]
GDP From Construction 382.75 234.06 382.75 56.20 EUR Million [+]
GDP From Manufacturing 808.11 655.16 808.11 199.33 EUR Million [+]
GDP From Mining 67.62 79.70 98.92 18.85 EUR Million [+]
GDP From Services 57.60 53.21 69.51 19.45 EUR Million [+]
GDP From Transport 414.76 325.52 414.76 149.74 EUR Million [+]


Estonia GDP Annual Growth Rate

More than 71 percent of the Estonian GDP is derived from the service sectors, 25 percent from industry and 4 percent from agriculture. The most important sectors of the Estonian economy are: real estate, rental and letting, and business services (21 percent of GDP); the processing industry (15 percent), commerce (14 percent); transport, warehousing and communications (10 percent) and construction (7 percent). 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.30 13.20 -19.30 1996 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Mexico 2.60 Jun/18
Singapore 2.60 Sep/18
Spain 2.50 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
Saudi Arabia 1.61 Jun/18
Italy 1.20 Jun/18
United Kingdom 1.20 Jun/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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