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

The Estonian economy grew by 5 percent year-on-year in the fourth quarter of 2017, following a 4.2 percent expansion in the previous period. Government spending growth accelerated to 1.5 percent from 0.9 percent in the third quarter, while household consumption rose at a softer 2.6 percent (vs 3.5 percent in Q3) and fixed investment increased 5.8 percent (vs 13.2 percent in Q3). Meanwhile, net external demand contributed negatively, as imports jumped 4.2 percent (vs 4.4 percent in Q3) and exports went up 3.4 percent (vs 1.5 percent in Q3). On the production side, the main contributors to the economic growth were information and communication, professional, scientific and technical activities, and manufacturing. Considering 2017 full year, the economy grew by 4.9 percent, compared with 2.1 percent in 2016. GDP Annual Growth Rate in Estonia averaged 4.20 percent from 1996 until 2017, 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-08-31 05:00 AM GDP Growth Rate YoY 5.7% 4.6% 4.2%
2017-11-30 06:00 AM GDP Growth Rate YoY 4.2% 5.7% 5.1%
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 5% 4.6%
2018-08-31 05:00 AM GDP Growth Rate YoY 4.2%
2018-11-30 06:00 AM GDP Growth Rate YoY 4.1%


Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.20 0.40 4.80 -9.20 percent [+]
GDP Annual Growth Rate 5.00 4.20 13.20 -19.30 percent [+]
GDP 23.14 22.46 26.21 3.88 USD Billion [+]
GDP Constant Prices 4965.40 4687.75 4965.40 1865.23 EUR Million [+]
Gross Fixed Capital Formation 1322.30 1098.34 1556.86 268.35 EUR Million [+]
GDP per capita 17853.40 17591.74 17853.40 7313.74 USD [+]
GDP per capita PPP 27735.14 27328.64 27735.14 9423.05 USD [+]
GDP From Agriculture 155.87 148.32 188.39 49.55 EUR Million [+]
GDP From Construction 282.67 313.89 354.58 56.20 EUR Million [+]
GDP From Manufacturing 673.47 664.25 738.94 199.33 EUR Million [+]
GDP From Mining 76.67 98.92 98.92 18.85 EUR Million [+]
GDP From Services 58.28 65.45 69.51 19.45 EUR Million [+]
GDP From Transport 313.68 346.72 376.30 149.74 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.20 13.20 -19.30 1996 - 2017 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


Related

Latest