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||1996 - 2015
More than 71 percent of the Estonian GDP is derived from the service sectors, 25 percent from industry and 4 percent from agriculture. Service sectors experienced a rapid development in the early 1990s as many of them did not even exist in the Soviet economic system. During the Soviet era, the function of a large part of the plants and factories was producing goods for the military industry. Therefore a lot of basic necessities had to be imported at first. Recent years, however, have seen the growth of the industry to surpass the increase of the services sector. The important sectors of the Estonian economy are the processing industry (approximately 15 percent of the overall production), transport, warehousing and communications (10 percent), commerce (14 percent) and estate, rental and letting, as well as business services (21 percent). Agriculture and forestry amount to 2 percent of the overall production, construction approximately 7 percent and government, education and health care to more than 17 percent. On the expenditure side, the main uses of GDP last year were: private final consumption expenditure from households and NPISHs (52 percent); gross fixed capital formation (26 percent, the highest level among European countries); and government final consumption expenditure (20 percent). Net external demand accounts for 3 percent of total GDP while exports accounts for 84 percent. This page provides - Estonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Estonia GDP Annual Growth Rate - was last refreshed on Friday, October 9, 2015.