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Estonia GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Estonia's gdp per capita was $34,041 in 2025, ranked 40th globally. This represents a 8.3% increase from 2024. Data from World Bank, covering 1993–2025.

$34,041 +$2,613 (+8.3%)
Year 2025 Rank #40 Global Peak $34,041 (2025) Source World Bank

Estonia GDP per Capita (1993–2025)

Overview

Estonia's gdp per capita stood at $34,041 in 2025, a rise of +$2,613 from 2024. The IMF projects $34,041 by 2025. Estonia ranked 40th globally.

Estonia's GDP per capita has experienced significant growth over the past three decades, transforming the country from one of the poorest in the region to a high-income economy. Since 1993, when the indicator stood at 2,685.91, Estonia's GDP per capita has increased by a factor of 12.7, reaching a peak of 34,041.29 in 2025. This rapid growth has propelled Estonia to 40th globally, surpassing several of its peer countries, including Lithuania, whose GDP per capita stands at 32,982.41. Estonia's economic transformation mirrors that of other post-communist countries, including the Czech Republic, which has seen an even more pronounced increase in its GDP per capita. The country's entry into the European Union in 2004 and subsequent adoption of the euro in 2011 provided a significant boost to economic growth, facilitating access to capital and markets. As Estonia continues to integrate with the global economy, its GDP per capita is likely to continue growing, with further advancements in digitalization and innovation driving this trend, provided that the country maintains its competitive edge in the global economy.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $44,944 - -
2029* IMF $42,959 - -
2028* IMF $41,004 - -
2027* IMF $39,129 - -
2026* IMF $37,195 - -
2025* IMF $34,041 - -
2025 $34,041 +$2,613 #40
2024 $31,428 +$1,156 #48
2023 $30,264 +$1,901 #52
2022 $28,340 +$371 #55
2021 $27,951 +$4,036 #52
2020 $23,934 −$90 #53
2019 $24,021 +$392 #57
2018 $23,618 +$2,774 #57
2017 $20,852 +$2,190 #59
2016 $18,666 +$942 #62
2015 $17,722 −$2,852 #64
2014 $20,582 +$1,271 #61
2013 $19,310 +$1,731 #63
2012 $17,568 +$16 #63
2011 $17,556 +$2,858 #66
Show all years (1993-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +88.9% GDP growth 3.7% C/A balance 2.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Estonia matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Estonia's gdp per capita?▾

Estonia's gdp per capita was $34,041 in 2025. Ranked 40th globally. This represents a 8.3% increase from the previous year.

What was the highest gdp per capita in Estonia?▾

Estonia's gdp per capita peaked at $34,041 in 2025.

What was the lowest gdp per capita in Estonia?▾

The lowest gdp per capita in Estonia was $2,686 in 1993.

How does Estonia rank in gdp per capita?▾

Estonia ranks 40th globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Estonia in 2025?▾

Estonia's gdp per capita is projected to reach $34,041 by 2025 based on IMF projection.

What is the gdp per capita of Estonia in 2025?▾

The gdp per capita of Estonia in 2025 was $34,041. This ranks 40th in the world.

Cite this page

APA
Estonia GDP per Capita. HistorySaid. Retrieved November 2, 2026, from https://historysaid.com/estonia/gdp-per-capita/
BibTeX
@misc{historysaid_estonia_gdp-per-capita, title = {Estonia GDP per Capita}, url = {https://historysaid.com/estonia/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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