The Gross Domestic Product (GDP) in Estonia expanded 0.10 percent in the first quarter of 2022 over the previous quarter. source: Statistics Estonia

GDP Growth Rate in Estonia averaged 0.98 percent from 1995 until 2022, reaching an all time high of 4.20 percent in the second quarter of 1997 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 June of 2022.

GDP Growth Rate in Estonia is expected to be 1.40 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 1.00 percent in 2023, according to our econometric models.

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Estonia GDP Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-03-01 06:00 AM Q4 1.8% 1.0% 1%
2022-05-31 05:00 AM Q1 0.1% 1.3% -0.7%
2022-08-31 05:00 AM Q2 0.1%

Related Last Previous Unit Reference
GDP Growth Rate 0.10 1.30 percent Mar 2022
GDP Annual Growth Rate 4.30 8.60 percent Mar 2022
GDP Constant Prices 6088.40 6993.40 EUR Million Mar 2022
Gross Fixed Capital Formation 1331.50 1883.70 EUR Million Mar 2022
GDP From Transport 563.40 622.20 EUR Million Mar 2022
GDP From Services 69.60 77.40 EUR Million Mar 2022
GDP From Mining 53.90 63.10 EUR Million Mar 2022
GDP From Manufacturing 867.70 879.40 EUR Million Mar 2022
GDP From Construction 274.00 434.80 EUR Million Mar 2022
GDP From Agriculture 48.20 126.50 EUR Million Mar 2022

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
0.10 1.30 4.20 -11.80 1995 - 2022 percent Quarterly