Home → Estonia → Economy & Growth → GDP

Estonia GDP

Gross Domestic Product in current US dollars  NY.GDP.MKTP.CD

Estonia's gdp was $46.8B in 2025, ranked 98th globally. This represents a 8.4% increase from 2024. Data from World Bank, covering 1993–2025.

$46.8B +$3.6B (+8.4%)
Year 2025 Rank #98 Global Peak $46.8B (2025) Source World Bank

Estonia GDP (1993–2025)

Overview

Estonia's gdp stood at $46.8B in 2025, a rise of +$3.6B from 2024. The IMF projects $46.8B by 2025. Estonia ranked 98th globally.

Estonia’s gross domestic product has risen from an all‑time trough of 4,013,091,682.29 in 1993 to an all‑time peak of 46,763,000,000.00 in 2025, placing the country 98th globally among 33 years of World Bank coverage. This thirty‑two‑year expansion reflects a compound annual growth rate of roughly 9 percent, driven by rapid digitalisation, export‑oriented manufacturing and integration into the European Union’s single market. The 2025 figure slightly exceeds that of peer Bahrain (47,391,000,000.00) and is comparable to Nepal’s 45,513,000,000.00, underscoring Estonia’s competitive size within a diverse group of economies. Structural reforms in education and a robust start‑up ecosystem have helped sustain the upward trajectory, while demographic challenges and external shocks could temper future growth. Continued investment in high‑value technology sectors and deeper integration with regional supply chains are likely to keep Estonia’s GDP on an expanding path, provided macro‑economic conditions remain favourable.

Data & projection

Year GDP YoY change Rank
2030* IMF $61.3B - -
2029* IMF $58.7B - -
2028* IMF $56.1B - -
2027* IMF $53.6B - -
2026* IMF $51.0B - -
2025* IMF $46.8B - -
2025 $46.8B +$3.6B #98
2024 $43.1B +$1.6B #102
2023 $41.5B +$3.2B #106
2022 $38.2B +$1.0B #111
2021 $37.2B +$5.4B #115
2020 $31.8B −$56.2M #111
2019 $31.9B +$636.7M #110
2018 $31.2B +$3.8B #109
2017 $27.5B +$2.9B #109
2016 $24.6B +$1.2B #110
2015 $23.3B −$3.8B #107
2014 $27.1B +$1.6B #110
2013 $25.5B +$2.2B #109
2012 $23.2B −$62.6M #107
2011 $23.3B +$3.7B #108
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 improve within 24 months. View full analysis →

Frequently Asked Questions

What is Estonia's gdp?▾

Estonia's gdp was $46.8B in 2025. Ranked 98th globally. This represents a 8.4% increase from the previous year.

What was the highest gdp in Estonia?▾

Estonia's gdp peaked at $46.8B in 2025.

What was the lowest gdp in Estonia?▾

The lowest gdp in Estonia was $4.0B in 1993.

How does Estonia rank in gdp?▾

Estonia ranks 98th globally in gdp as of 2025.

What is the World Bank indicator code for gdp?▾

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

What is the projected gdp of Estonia in 2025?▾

Estonia's gdp is projected to reach $46.8B by 2025 based on IMF projection.

What is Estonia's gdp in billion?▾

Estonia's gdp was approximately 46.76 billion ($46.8B) in 2025.

What is the gdp of Estonia in 2025?▾

The gdp of Estonia in 2025 was $46.8B. This ranks 98th in the world.

Cite this page

APA
Estonia GDP. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/estonia/gdp/
BibTeX
@misc{historysaid_estonia_gdp, title = {Estonia GDP}, url = {https://historysaid.com/estonia/gdp/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub