Estonia GDP Growth Rate  1995-2016 | Data | Chart | Calendar | Forecast

Estonian economy expanded 1.7 percent year-on-year in the March quarter of 2016, accelerating from 0.7 percent in the previous two quarters and matching preliminary estimates, final figures showed. It was the strongest expansion in since the September quarter 2015, supported mainly by domestic demand. On a quarterly basis, the economy showed no growth, following a 0.9 percent expansion in the preceding quarter and in line with expectations. GDP Growth Rate in Estonia averaged 0.99 percent from 1995 until 2016, reaching an all time high of 4.70 percent in the first quarter of 2000 and a record low of -10.20 percent in the fourth quarter of 2008. GDP Growth Rate in Estonia is reported by the Statistics Estonia.

Estonia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.90 4.70 -10.20 1995 - 2016 percent Quarterly
SA, WDA
Economic growth in Estonia in recent years have been attributed to foreign direct investments in the timber, textile, computer, electronics and automotive industries. More than two thirds of the Estonian industrial production is for exportation. However, the growth of domestic demand in recent years has reduced the share of foreign trade in the GDP. 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. . This page provides - Estonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-10 06:00 AM Q4 0.9% -0.4% 1.2% 1.2%
2016-05-12 05:00 AM Q1 0.0% 0.9% 0.5%
2016-06-09 05:00 AM Q1 0% 0.9% 0% 0%
2016-08-11 05:00 AM Q2 0% 0.25%
2016-09-08 05:00 AM Q2 0%
2016-11-11 06:00 AM Q3 0.86%

Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.90 4.70 -10.20 percent [+]
GDP Annual Growth Rate 1.70 0.70 13.20 -19.30 percent [+]
GDP 22.69 26.49 26.49 3.88 USD Billion [+]
GDP Constant Prices 4201.03 4597.24 4611.57 1861.76 EUR Million [+]
Gross Fixed Capital Formation 797.57 1258.75 1556.57 268.30 EUR Million [+]
GDP per capita 17761.62 17539.90 17761.62 7300.59 USD [+]
GDP per capita PPP 26929.66 26593.51 26929.66 9423.05 USD [+]
GDP From Agriculture 144.15 193.69 193.69 49.55 EUR Million [+]
GDP From Construction 153.80 226.29 354.58 56.20 EUR Million [+]
GDP From Manufacturing 588.66 623.22 640.74 199.33 EUR Million [+]
GDP From Mining 40.49 38.64 58.39 18.85 EUR Million [+]
GDP From Services 49.80 63.77 68.95 19.45 EUR Million [+]
GDP From Transport 299.67 287.35 376.30 149.74 EUR Million [+]




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Moldova 1.70 Mar/16
Serbia 1.60 Mar/16
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Albania 1.20 Mar/16
Australia 1.10 Mar/16
Ghana 1.10 Mar/16
Philippines 1.10 Mar/16
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Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Cyprus 0.90 Mar/16
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Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Paraguay 0.80 Mar/16
Singapore 0.80 Jun/16
Spain 0.80 Mar/16
Turkey 0.80 Mar/16
Taiwan 0.78 Mar/16
Bulgaria 0.70 Mar/16
Costa Rica 0.70 Dec/15
Denmark 0.70 Mar/16
Germany 0.70 Mar/16
Luxembourg 0.70 Mar/16
New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
South Korea 0.70 Jun/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Euro Area 0.60 Mar/16
Finland 0.60 Mar/16
France 0.60 Mar/16
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Austria 0.50 Mar/16
European Union 0.50 Mar/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
Sweden 0.50 Mar/16
Czech Republic 0.40 Mar/16
Israel 0.40 Mar/16
Tunisia 0.40 Mar/16
Italy 0.30 Mar/16
Malta 0.30 Mar/16
Belgium 0.20 Mar/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Jamaica 0.10 Dec/15
Latvia 0.10 Mar/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
Estonia 0.00 Mar/16
Peru 0.00 Mar/16
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Argentina -0.70 Mar/16
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Ecuador -1.90 Mar/16
Ireland -2.10 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16