GDP Growth Rate YoY
GDP Growth Rate YoY
GDP Growth Rate YoY
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).
Annual percentage growth rate of GDP at market prices based on constant local currency. Reference
GDP Growth Rate YoY
Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. On a seasonally adjusted quarterly basis, the GDP went up by 0.9 percent in the fourth quarter, easing from an upwardly revised 1.2 percent growth in Q3. NSA
Meantime, both of fixed investment (8.1% vs 24.6%) and private consumption (1.2% vs 2.4%) increased softer. Reference
The Estonian economy advanced 3.9 percent year-on-year in the fourth quarter of 2019, following an upwardly revised 4.8 percent growth in the previous period. On the production side, negative contributions to GDP came from the energy sector and manufacturing. 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).
On the production side, the main contributors to economic growth were information and communication; professional, scientific & technical activities; wholesale and retail trade, and manufacturing.
2.1% (2016 est.) The Trading Economics Application Programming Interface (API) provides direct access to our data. Aggregates are based on constant 2010 U.S. dollars. On the other hand, net exports contributed positively to the GDP growth, as exports grew by 7.0 percent (vs 3.3%), while imports rose at a softer 4.4 percent (vs 5.4%). Estonia's economy is heavily influenced by developments in the Finnish and Swedish economies.
GDP Growth Rate QoQ
On the production side, the main contributors to economic growth were information and communication; agriculture, forestry and fishing; professional, scientific & technical activities; wholesale and retail trade, and manufacturing, transportation and storage. The economy of Estonia is an advanced economy and the country is a member of the European Union and of the eurozone. GDP Growth Rate YoY
1995-2020 Data | 2021-2022 Forecast | Calendar | Historical
It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The Gross Domestic Product (GDP) in Estonia contracted 3.70 percent in the first quarter of 2020 over the previous quarter. On a seasonally adjusted quarterly basis, the GDP went up by 0.4 percent in the second quarter, slowing from an upwardly revised 0.9 percent growth in Q1. GDP Growth Rate QoQ
Estonia gdp growth rate for 2018 was 4.76%, a 0.99% decline from 2017. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. 1.7% (2015 est.)