Estonia — GDP
GDP (Nominal) for Estonia, 1993–2025.
GDP for Estonia was 47.03 billion in 2025, according to the latest World Bank data. The series covers 33 years, from 1993 to 2025. The latest year is also the highest value on record for this series. The lowest was 4.01 billion in 1993 (about 11.7× the low point). Across that span the compound annual growth rate works out to 7.99% per year.
Estonia ranks 103 of 212 economies on this measure (1 = highest), putting it in the top 49%. The median for Europe & Central Asia is 101.16 billion, so Estonia sits below it. Over the last decade (2015–2025) the figure moved up 102%. Within Europe & Central Asia it ranks 37 of 57 economies; Cyprus (41.23 billion) is just below it. Its sharpest one-year move was up 34% in 2003. That is 37% above this series' own ten-year average.
Data highlights
From its 1993 level: doubled by 2003; grown tenfold by 2023. Doubling roughly every 9.0 years at that pace.
World ranking. Climbed: 110th of 195 in 1993 → 115th of 204 in 2000 → 107th of 212 in 2010 → 101st of 210 in 2020 → 101st of 186 in 2025.
Key figures
Full history — 1993 to 2025
| Year | current US$ | Change |
|---|---|---|
| 2025 | 47,030,833,798.59 | +9.0% |
| 2024 | 43,130,419,829.35 | +4.0% |
| 2023 | 41,470,344,395.11 | +8.5% |
| 2022 | 38,226,641,740.29 | +2.8% |
| 2021 | 37,201,101,170.58 | +16.9% |
| 2020 | 31,820,771,493.9 | -0.2% |
| 2019 | 31,873,748,770.03 | +2.1% |
| 2018 | 31,222,632,740.72 | +13.7% |
| 2017 | 27,469,461,919.12 | +11.8% |
| 2016 | 24,561,027,787.79 | +5.4% |
| 2015 | 23,311,847,750.94 | -13.8% |
| 2014 | 27,055,689,003 | +6.3% |
| 2013 | 25,451,032,780.76 | +9.5% |
| 2012 | 23,237,406,116.4 | -0.3% |
| 2011 | 23,303,915,794.76 | +19.4% |
| 2010 | 19,524,355,419.04 | -0.6% |
| 2009 | 19,633,984,440.12 | -19.3% |
| 2008 | 24,342,935,403.54 | +8.4% |
| 2007 | 22,450,264,166.44 | +31.9% |
| 2006 | 17,025,671,810.31 | +20.7% |
| 2005 | 14,109,491,356.8 | +16.1% |
| 2004 | 12,148,595,031.06 | +23.0% |
| 2003 | 9,876,595,528.46 | +34.0% |
| 2002 | 7,370,119,619.48 | +17.9% |
| 2001 | 6,250,218,422.7 | +9.9% |
| 2000 | 5,686,579,747.54 | -1.2% |
| 1999 | 5,756,912,265.76 | +1.5% |
| 1998 | 5,674,080,542.89 | +10.1% |
| 1997 | 5,154,420,649.23 | +7.7% |
| 1996 | 4,786,018,988.16 | +6.3% |
| 1995 | 4,502,970,889.06 | +9.2% |
| 1994 | 4,123,011,419.74 | +2.7% |
| 1993 | 4,013,091,682.29 | — |
Frequently asked questions
What was Estonia’s GDP in 1994?
4,123,011,419.74 (1994). The full year-by-year table above lists every published year, most recent first.
Are Estonia’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Estonia’s GDP growing or shrinking?
Between 1993 and 2025 the series was growing overall: +1071.9% in total — about 8.0% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 47,030,833,798.59; 2024: 43,130,419,829.35; 2023: 41,470,344,395.11; 2022: 38,226,641,740.29; 2021: 37,201,101,170.58. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.