The economy of Estonia grew 0.9% year-on-year in the third quarter of 2025, following a downwardly revised 0.8% gain in the previous quarter. This marked the largest economic growth since the first quarter of 2022, as government spending increased (3.4% vs 2.3% in Q2). In contrast, private consumption fell (-0.6% vs 0.9%) and fixed investments also contracted (-0.7% vs 1.4%). Net external demand also supported growth, as exports (5.7% vs 1.6%) rose more than imports (5.6% vs 2.4%). On the production side, most sectors contributed positively to the economic activity, led by energy (21.5%) and real estate sector (4.4%). On a seasonally adjusted quarterly basis, GDP grew by 0.4% in the third quarter, easing from a downwardly revised 0.5% rise in the preceding period. source: Statistics Estonia

The Gross Domestic Product (GDP) in Estonia expanded 0.90 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Estonia averaged 3.55 percent from 1996 until 2025, reaching an all time high of 14.30 percent in the fourth quarter of 1997 and a record low of -19.40 percent in the third quarter of 2009. This page provides - Estonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Estonia expanded 0.90 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Estonia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia GDP Annual Growth Rate is projected to trend around 2.40 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-29 05:00 AM
GDP Growth Rate YoY
Q2 0.9% -0.7% 2.3%
2025-12-01 06:00 AM
GDP Growth Rate YoY
Q3 0.9% 0.8% 1.0%
2026-03-02 06:00 AM
GDP Growth Rate YoY
Q4 0.9% 1.0%


Related Last Previous Unit Reference
Full Year GDP Growth -0.30 -3.00 percent Dec 2024
GDP Growth Rate YoY 0.90 0.80 percent Sep 2025
GDP Constant Prices 7324.20 7360.70 EUR Million Sep 2025
GDP from Agriculture 150.50 22.40 EUR Million Sep 2025
GDP from Construction 398.10 359.30 EUR Million Sep 2025
GDP from Manufacturing 749.50 818.90 EUR Million Sep 2025
GDP from Mining 45.30 43.20 EUR Million Sep 2025
GDP from Services 120.40 114.60 EUR Million Sep 2025
GDP from Transport 356.40 374.50 EUR Million Sep 2025
GDP Growth Rate 0.40 0.50 percent Sep 2025
Gross Fixed Capital Formation 1771.50 1886.00 EUR Million Sep 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.80 14.30 -19.40 1996 - 2025 percent Quarterly
NSA

News Stream
Estonia Economy Grows in Q3
The economy of Estonia grew 0.9% year-on-year in the third quarter of 2025, following a downwardly revised 0.8% gain in the previous quarter. This marked the largest economic growth since the first quarter of 2022, as government spending increased (3.4% vs 2.3% in Q2). In contrast, private consumption fell (-0.6% vs 0.9%) and fixed investments also contracted (-0.7% vs 1.4%). Net external demand also supported growth, as exports (5.7% vs 1.6%) rose more than imports (5.6% vs 2.4%). On the production side, most sectors contributed positively to the economic activity, led by energy (21.5%) and real estate sector (4.4%). On a seasonally adjusted quarterly basis, GDP grew by 0.4% in the third quarter, easing from a downwardly revised 0.5% rise in the preceding period.
2025-12-01
Estonia Economy Recovers in Q2
The economy of Estonia expanded 0.9% year-on-year in the first quarter pf 2025, recovering from a revised 0.7% contraction in the previous period. This also marked the first GDP growth since the second quarter of 2024, as private consumption rebounded, increasing by 0.9% from a 0.8% decline in the previous quarter. At the same time, government spending increased (2.4% vs 1.3%). Net external demand also weighed on GDP, as exports (2.4% vs 5.7%) rose less than imports (3.5% vs 0.5%). However, fixed investments dropped (-0.3% vs 4.3%). On the production side, most sectors contributed positively to economic activity, led by the energy sector, real estate, and information and communication. On a seasonally adjusted quarterly basis, GDP grew 0.6% in the second quarter, following a revised 0.2% rise in the preceding quarter.
2025-08-29
Estonian GDP Shrinks 0.3% in Q1
Estonia's economy contracted by 0.3% year-on-year in the first quarter of 2025, reversing a 1.2% expansion in the previous period. Private consumption declined by 0.6%, following a 1.3% increase in Q4 2024, while fixed investments fell slightly (-0.1%), easing from a sharp 10.3% drop in the prior quarter. Notably, government investment surged by 20.6%. Net external demand weighed on GDP, as exports grew by 5.4% (up from 2.9% in Q4), but were outpaced by a 5.8% rise in imports (up from 4.8%). However, government spending increased by 1.7%, after a 1.1% contraction in the previous quarter. On the production side, most sectors dragged on economic activity, led by energy (-22.4%), agriculture (-17.8%), and transport (-10.3%). The trade and financial sectors also declined by 3.3% and 1.6%, respectively. On a seasonally adjusted quarterly basis, GDP shrank by 0.3% in Q1, following a downwardly revised 0.2% growth in Q4 2024, marking the first quarterly contraction in five quarters.
2025-05-30