Name: Estonia GDP Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Estonia,GDP Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2024,2025,2026

The Gross Domestic Product (GDP) in Estonia stagnated in the third quarter of 2024 over the previous quarter, after a revised 0.10 percent expansion in the second quarter of 2024. GDP Growth Rate in Estonia averaged 0.84 percent from 1995 until 2024, reaching an all time high of 4.50 percent in the third quarter of 2020 and a record low of -11.90 percent in the fourth quarter of 2008. source: Statistics Estonia

The Gross Domestic Product (GDP) in Estonia stagnated 0 percent in the third quarter of 2024 over the previous quarter.

The Gross Domestic Product (GDP) in Estonia stagnated 0 percent in the third quarter of 2024 over the previous quarter. GDP Growth Rate in Estonia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia GDP Growth Rate is projected to trend around 0.80 percent in 2025 and 0.40 percent in 2026, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	-3.00	-0.50	percent	Dec 2023
GDP Growth Rate YoY	-0.70	-0.70	percent	Sep 2024
GDP Constant Prices	7290.90	7229.00	EUR Million	Sep 2024
GDP from Agriculture	148.40	38.00	EUR Million	Sep 2024
GDP from Construction	375.40	395.80	EUR Million	Sep 2024
GDP from Manufacturing	777.40	902.40	EUR Million	Sep 2024
GDP from Mining	49.30	52.80	EUR Million	Sep 2024
GDP from Services	137.70	133.80	EUR Million	Sep 2024
GDP from Transport	369.50	428.00	EUR Million	Sep 2024
GDP Growth Rate	0.00	0.10	percent	Sep 2024
Gross Fixed Capital Formation	1945.60	1940.30	EUR Million	Sep 2024

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. .