The Gross Domestic Product (GDP) in Estonia expanded 0.70 percent in the third quarter of 2021 over the previous quarter. source: Statistics Estonia

GDP Growth Rate in Estonia averaged 1 percent from 1995 until 2021, reaching an all time high of 4.30 percent in the second quarter of 2021 and a record low of -11.80 percent in the fourth quarter of 2008. This page provides - Estonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

GDP Growth Rate in Estonia is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia GDP Growth Rate is projected to trend around 0.70 percent in 2022 and 0.90 percent in 2023, according to our econometric models.

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Estonia GDP Growth Rate

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. .
Actual Previous Highest Lowest Dates Unit Frequency
0.70 2.30 4.20 -11.80 1995 - 2021 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2021-08-31 05:00 AM Q2 4.3% 3.9% -0.3%
2021-11-30 06:00 AM Q3 0.7% 2.3% 1%
2022-03-01 06:00 AM Q4 0.7%

Related Last Previous Unit Reference
GDP Growth Rate 0.70 2.30 percent Sep/21
GDP Annual Growth Rate 8.60 13.00 percent Sep/21
GDP Constant Prices 6528.30 6333.00 EUR Million Sep/21
Gross Fixed Capital Formation 1740.30 2240.80 EUR Million Sep/21
GDP From Transport 563.50 608.10 EUR Million Sep/21
GDP From Services 85.70 55.00 EUR Million Sep/21
GDP From Mining 73.00 82.00 EUR Million Sep/21
GDP From Manufacturing 832.50 856.20 EUR Million Sep/21
GDP From Construction 485.90 415.30 EUR Million Sep/21
GDP From Agriculture 186.80 53.40 EUR Million Sep/21