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

The Estonian economy advanced 4.2 percent year-on-year in the third quarter of 2017, following a 5.7 percent expansion in the previous period, as fixed investment growth slowed (13.2 percent from 18.2 percent in Q2) and net external demand contributed negatively. Exports fell 0.2 percent (1.5 percent in Q2) and imports jumped 4.2 percent (1.3 percent in Q2). Meanwhile, both household consumption (3.5 percent from 1.8 percent in Q2) and government spending (0.9 percent from 0.5 percent in Q2) rose at a faster pace. On the production side, the biggest contributor to GDP growth was construction, followed by information and communications; mining and quarrying; professional, scientific and technical activities; manufacturing; transportation and storage; and support service activities. On a seasonally and working-day adjusted basis, the economy expanded 0.3 percent from the second quarter. GDP Annual Growth Rate in Estonia averaged 4.18 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-05-31 05:00 AM GDP Growth Rate YoY 4.4% 2.7% 2.5%
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 4.2% 4.80%
2018-05-31 05:00 AM GDP Growth Rate YoY 4.70%
2018-08-31 05:00 AM GDP Growth Rate YoY 4.10%


Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 1.30 4.80 -9.10 percent [+]
GDP Annual Growth Rate 4.20 5.70 13.20 -19.30 percent [+]
GDP 23.14 22.46 26.21 3.88 USD Billion [+]
GDP Constant Prices 4688.12 4820.30 4820.30 1868.37 EUR Million [+]
Gross Fixed Capital Formation 1098.31 1282.16 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 148.95 53.18 188.39 49.55 EUR Million [+]
GDP From Construction 313.89 286.32 354.58 56.20 EUR Million [+]
GDP From Manufacturing 664.20 738.94 738.94 199.33 EUR Million [+]
GDP From Mining 98.92 58.84 98.92 18.85 EUR Million [+]
GDP From Services 65.45 56.34 69.51 19.45 EUR Million [+]
GDP From Transport 346.74 333.49 376.30 149.74 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 5.70 13.20 -19.30 1996 - 2017 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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