Estonia GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Estonian economy expanded 2.7 percent year-on-year in the fourth quarter of 2016, following a 1.3 percent growth in the previous period. The industrial sector grew the most driven by a rise of value added in the information and communication activity due to an increase in software development services. While domestic demand grew by 3.7 percent boosted by an increase of inventories of good and final consumption expenditure. Also, export of goods and services rose 2.7 percent due to a rise in the exports of electronic equipment, mineral products and wood and of products of wood. On a seasonally and working-day adjusted basis, GDP advanced 2.8 percent from the previous year and 1.9 percent from the third quarter of 2016. For full year 2016 economy grew by 1.6 percent, compared to a 1.1 percent expansion in 2015. GDP Annual Growth Rate in Estonia averaged 4.15 percent from 1996 until 2016, reaching an all time high of 13.20 percent in the fourth quarter of 1997 and a record low of -19.30 percent in the third quarter of 2009.

Estonia GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-11 06:00 AM Q3 1.1% 0.8% 1.1%
2016-12-09 06:00 AM Q3 1.3% 0.8% 1.1% 1.1%
2017-02-28 06:00 AM Q4 2.7% 1.3% 1.2%
2017-05-31 05:00 AM Q1 2.7% 2.5%
2017-08-31 05:00 AM Q2 2.2%
2017-11-30 06:00 AM Q3 2.3%




Estonia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.90 0.20 4.70 -10.20 percent [+]
GDP Annual Growth Rate 2.70 1.30 13.20 -19.30 percent [+]
GDP 22.46 26.21 26.21 3.88 USD Billion [+]
GDP Constant Prices 4693.15 4405.78 4693.15 1861.76 EUR Million [+]
Gross Fixed Capital Formation 1198.08 901.55 1556.57 268.30 EUR Million [+]
GDP per capita 17638.49 17353.69 17638.49 7314.17 USD [+]
GDP per capita PPP 26742.99 26311.18 26742.99 9423.05 USD [+]
GDP From Agriculture 158.48 143.44 193.69 49.55 EUR Million [+]
GDP From Construction 232.56 241.09 354.58 56.20 EUR Million [+]
GDP From Manufacturing 670.67 644.90 714.46 199.33 EUR Million [+]
GDP From Mining 49.11 49.93 58.39 18.85 EUR Million [+]
GDP From Services 57.37 60.31 68.95 19.45 EUR Million [+]
GDP From Transport 277.99 307.55 376.30 149.74 EUR Million [+]



Estonia GDP Annual Growth Rate Notes

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. This page provides - Estonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 1.30 13.20 -19.30 1996 - 2016 percent Quarterly
NSA



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