Estonia - GDP

GDP (current US$)

The latest value for GDP (current US$) in Estonia was $30,650,290,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $31,045,590,000 in 2019 and $4,502,971,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $4,502,971,000
1996 $4,786,019,000
1997 $5,154,421,000
1998 $5,674,081,000
1999 $5,756,912,000
2000 $5,686,580,000
2001 $6,254,649,000
2002 $7,367,976,000
2003 $9,874,013,000
2004 $12,145,910,000
2005 $14,106,790,000
2006 $17,022,870,000
2007 $22,449,130,000
2008 $24,341,680,000
2009 $19,633,030,000
2010 $19,523,480,000
2011 $23,213,990,000
2012 $23,019,150,000
2013 $25,115,750,000
2014 $26,634,080,000
2015 $22,890,760,000
2016 $24,072,830,000
2017 $26,924,380,000
2018 $30,489,500,000
2019 $31,045,590,000
2020 $30,650,290,000

GDP (current LCU)

The value for GDP (current LCU) in Estonia was 26,834,520,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 27,732,290,000 in 2019 and a minimum value of 2,861,638,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 2,861,638,000
1996 3,679,970,000
1997 4,573,002,000
1998 5,100,431,000
1999 5,406,892,000
2000 6,171,645,000
2001 6,987,069,000
2002 7,822,580,000
2003 8,744,426,000
2004 9,777,459,000
2005 11,343,270,000
2006 13,568,930,000
2007 16,401,330,000
2008 16,618,060,000
2009 14,131,860,000
2010 14,741,100,000
2011 16,677,260,000
2012 17,916,680,000
2013 18,910,780,000
2014 20,048,230,000
2015 20,631,360,000
2016 21,747,910,000
2017 23,833,610,000
2018 25,817,680,000
2019 27,732,290,000
2020 26,834,520,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Estonia was 26,834,520,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 27,732,290,000 in 2019 and 2,861,638,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1995 2,861,638,000
1996 3,679,970,000
1997 4,573,002,000
1998 5,100,431,000
1999 5,406,892,000
2000 6,171,645,000
2001 6,987,069,000
2002 7,822,580,000
2003 8,744,426,000
2004 9,777,459,000
2005 11,343,270,000
2006 13,568,930,000
2007 16,401,330,000
2008 16,618,060,000
2009 14,131,860,000
2010 14,741,100,000
2011 16,677,260,000
2012 17,916,680,000
2013 18,910,780,000
2014 20,048,230,000
2015 20,631,360,000
2016 21,747,910,000
2017 23,833,610,000
2018 25,817,680,000
2019 27,732,290,000
2020 26,834,520,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Estonia was 26,279,920,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 27,079,030,000 in 2019 and 10,254,020,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 10,254,020,000
1996 10,760,880,000
1997 12,165,170,000
1998 12,693,120,000
1999 12,639,170,000
2000 13,914,170,000
2001 14,749,530,000
2002 15,748,270,000
2003 16,945,180,000
2004 18,098,130,000
2005 19,822,240,000
2006 21,758,000,000
2007 23,407,060,000
2008 22,205,810,000
2009 18,957,310,000
2010 19,420,680,000
2011 20,831,220,000
2012 21,503,690,000
2013 21,817,310,000
2014 22,474,310,000
2015 22,890,760,000
2016 23,613,100,000
2017 24,980,770,000
2018 26,013,440,000
2019 27,079,030,000
2020 26,279,920,000

GDP (constant LCU)

The value for GDP (constant LCU) in Estonia was 23,685,990,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 24,406,240,000 in 2019 and a minimum value of 9,241,911,000 in 1995.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 9,241,911,000
1996 9,698,740,000
1997 10,964,430,000
1998 11,440,260,000
1999 11,391,640,000
2000 12,540,790,000
2001 13,293,690,000
2002 14,193,860,000
2003 15,272,630,000
2004 16,311,780,000
2005 17,865,710,000
2006 19,610,400,000
2007 21,096,700,000
2008 20,014,020,000
2009 17,086,160,000
2010 17,503,790,000
2011 18,775,100,000
2012 19,381,200,000
2013 19,663,860,000
2014 20,256,010,000
2015 20,631,360,000
2016 21,282,400,000
2017 22,515,080,000
2018 23,445,820,000
2019 24,406,240,000
2020 23,685,990,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Estonia was 50,048,530,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 50,223,190,000 in 2019 and 9,304,112,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 9,304,112,000
1996 9,753,174,000
1997 11,167,420,000
1998 11,713,820,000
1999 11,694,830,000
2000 13,161,400,000
2001 14,317,380,000
2002 16,087,730,000
2003 18,001,090,000
2004 19,806,500,000
2005 22,536,540,000
2006 26,054,460,000
2007 29,756,660,000
2008 30,488,780,000
2009 27,328,000,000
2010 28,785,760,000
2011 32,598,230,000
2012 34,384,870,000
2013 36,198,150,000
2014 38,050,120,000
2015 38,378,220,000
2016 41,201,000,000
2017 44,556,470,000
2018 47,920,820,000
2019 50,223,190,000
2020 50,048,530,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Estonia was 46,873,660,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 48,298,990,000 in 2019 and 18,289,380,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 18,289,380,000
1996 19,193,430,000
1997 21,698,170,000
1998 22,639,840,000
1999 22,543,610,000
2000 24,817,730,000
2001 26,307,700,000
2002 28,089,100,000
2003 30,223,940,000
2004 32,280,380,000
2005 35,355,550,000
2006 38,808,220,000
2007 41,749,550,000
2008 39,606,960,000
2009 33,812,840,000
2010 34,639,310,000
2011 37,155,200,000
2012 38,354,640,000
2013 38,914,020,000
2014 40,085,860,000
2015 40,828,660,000
2016 42,117,030,000
2017 44,556,470,000
2018 46,398,360,000
2019 48,298,990,000
2020 46,873,660,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts