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Indicators of economy in Estonia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Estonia reached 23.723 US dollars per inhabitant, or 31.47 bn US Dollar in the whole country. Estonia is therefore currently ranked 100 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Estonia is in the list of the world's richest countries in place 38.

Inflation in Estonia was in 2019 at around 2.28%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 20.51% lower.
The Corruption Perceptions Index for the public sector counts 75 and is compared to other countries good.


Back to overview: Estonia

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Estonia
Total
Estonia
per capita
EU
Total
EU
per capita
GDP31.47 bn USD23,723.31 USD15,626.45 tn USD30,381.17 USD
Gross national product30.86 bn USD23,259.73 USD16,026.52 tn USD31,158.99 USD


Estonia ranked 39th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of the Gross domestic product in billion US Dollar 1995 - 2019


Household debt and deficits 2019


 Estonia
Total
Estonia
per capita
EU
Total
EU
per capita
Gross debt2.66 bn USD2,002.05 USD14,618.72 tn USD28,421.93 USD
Budget deficit-24.07 m USD-18.14 USD148.52 bn USD288.76 USD

Please note: A negative budget deficit equivalents to a surplus


Im- and Exports 2019

 Estonia
Total
Estonia
per capita
EU
Total
EU
per capita
Imports21.68 bn USD16,341.33 USD8,073.39 bn USD15,696.41 USD
Exports22.94 bn USD17,294.02 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1992 - 2019

Exports
Imports



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