Estonia Estonia GDP - Gross Domestic Product

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GDP Estonia first quarter of 2024

Estonia records a drop in GDP in first quarter

Gross Domestic Product of Estonia fell 0.5 in the first quarter of 2024 compared to the previous quarter. This rate is 1 -tenth of one percent higher than the figure of -0.6% publitshed in 2022}.

The year-on-year change in GDP was -2.1%, 3 -tenths of one percent more than the -2.4% recorded in the forth quarter of 2023.

The GDP figure in the first quarter of 2024 was €9,507$10,322 million, Estonia is number 48 in the ranking of quarterly GDP of the 53 countries that we publish.

Estonia has a quarterly GDP per capita, of €6,960$6,960, €75 $75 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, Estonia is in 27th position. According to this parameter, its population has a low level of affluence compare to the 53 countries whose quarterly GDP we publish.

Here we show you the progression of the GDP in Estonia. You can see GDP in other countries in GDP and see all the economic information about Estonia in Estonia's economy.

Quarterly GDP at market prices 2024
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2024Q1€9,507M$10,322M-0.5%-2.1%
< GDP Estonia 2023GDP Estonia 2025 >
Quaterly GDP Per Capita 2024
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2024Q16,960K0.2%1.1%$7,5572.3%1.2%
< GDP Estonia 2023GDP Estonia 2025 >
Evolution: Annual GDP Estonia
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€37,682M$40,745M-3.0%
2022€36,011M$37,921M-0.5%
2021€31,169M$36,865M7.2%
2020€27,430M$31,330M-1.0%
2019€27,951M$31,290M4.0%
2018€25,932M$30,625M3.8%
2017€23,834M$26,924M5.8%
2016€21,748M$24,073M3.2%
2015€20,631M$22,891M1.9%
2014€20,048M$26,634M3.0%
2013€18,911M$25,116M1.5%
2012€17,917M$23,019M3.2%
2011€16,677M$23,214M7.3%
2010€14,741M$19,535M2.4%
2009€14,132M$19,642M-14.6%
2008€16,618M$24,313M-5.1%
2007€16,401M$22,444M7.6%
2006€13,569M$17,032M9.8%
2005€11,343M$14,104M9.5%
2004€9,778M$12,146M6.8%
2003€8,744M$9,874M7.6%
2002€7,823M$7,368M6.8%
2001€6,987M$6,255M6.0%
2000€6,172M$5,691M10.1%
1999€5,407M$5,772M-0.4%
1998€5,068M$5,678M4.3%
1997€4,554M$5,160M13.1%
1996€3,770M$4,785M4.9%
1995€2,988M$3,909M6.5%
1994€2,037M$2,507M-1.6%
1993€1,474M$1,791M-5.7%
1992€871M$4,306M-21.2%
1991€112M$5,341M-8.0%
1990€51M$5,618M
Evolution: GDP per capita Estonia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€27,590$29,8302.0%6.0%
2022€27,040$28,13615.4%0.6%
2021€23,430$27,96213.5%18.6%
2020€20,640$23,576-2.2%0.6%
2019€21,100$23,4277.3%1.1%
2018€19,660$23,1768.5%13.4%
2017€18,120$20,4319.6%11.7%
2016€16,530$18,2905.2%5.1%
2015€15,710$17,4043.1%-14.1%
2014€15,240$20,2546.4%6.3%
2013€14,320$19,0565.9%9.4%
2012€13,520$17,4147.8%-0.4%
2011€12,540$17,48513.4%19.0%
2010€11,060$14,6974.5%-0.4%
2009€10,580$14,756-14.8%-19.3%
2008€12,420$18,2731.7%9.0%
2007€12,210$16,76521.5%32.5%
2006€10,050$12,65720.4%21.4%
2005€8,350$10,42716.6%16.9%
2004€7,160$8,92312.6%23.7%
2003€6,360$7,21612.6%34.7%
2002€5,650$5,35812.6%18.7%
2001€5,020$4,51614.1%10.6%
2000€4,400$4,08512.2%-1.6%
1999€3,920$4,1517.7%1.4%
1998€3,640$4,09612.4%11.1%
1997€3,240$3,68722.3%9.1%
1996€2,650$3,38028.6%24.2%
1995€2,060$2,72147.1%59.0%
1994€1,400$1,71140.0%43.3%
1993€1,000$1,19473.5%-58.1%
1992€577$2,849700.6%-17.1%
1991€72$3,435121.4%-4.2%
1990€33$3,584
Evolution: GDP growth rate at constant prices Estonia
Evolution: GDP per capita Estonia
GDP Estonia