Estonia GDP YoYEstonia GDP YoYEstonia GDP YoY

Estonia GDP YoY

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
14.10% on Dec 31, 1997
Lowest
−19.40% on Sep 30, 2009

About Estonia GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
More than 71 percent of the Estonian GDP is derived from the service sectors, 25 percent from industry and 4 percent from agriculture. The most important sectors of the Estonian economy are: real estate, rental and letting, and business services (21 percent of GDP); the processing industry (15 percent), commerce (14 percent); transport, warehousing and communications (10 percent) and construction (7 percent). 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.