Estonia's GDP (constant LCU) was 29.11 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 18.89% from 24.49 billion in 2015 (1.75% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.11 billion | 2025 |
| Five years earlier | 27.86 billion | 2020 |
| Ten years earlier | 24.49 billion | 2015 |
| Highest | 30.16 billion | 2021 |
| Lowest | 10.35 billion | 1994 |
| Average since 2016 | 28.31 billion | 2016–2025 |
| First recorded | 15.4 billion |
What the numbers say
In 2025, Estonia's GDP (constant LCU) rose 0.6% on 2024 (from 28.95 billion to 29.11 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.6% and a typical year strayed about 5.4% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 13.1% in 1997 and the biggest yearly fall was 21.2% in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 381.43 million a year. A straight line explains 60% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Estonia had the 151st highest value of the 186 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Estonia in the 2025 ranking
- Latvia — 148th of 186: 32.21 billion
- Cyprus — 149th of 186: 30.66 billion
- El Salvador — 150th of 186: 29.75 billion
- Seychelles — 152nd of 186: 28.69 billion
- Lesotho — 153rd of 186: 22.22 billion
- Malta — 154th of 186: 20.4 billion
What this measures
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 36 values
| Year | GDP (constant LCU) |
|---|---|
| 2025 | 29,114,802,000 |
| 2024 | 28,945,670,000 |
| 2023 | 28,971,757,000 |
| 2022 | 29,789,239,000 |
| 2021 | 30,159,040,000 |
| 2020 | 27,859,289,000 |
| 2019 | 28,686,554,000 |
| 2018 | 27,655,915,000 |
| 2017 | 26,669,234,000 |
| 2016 | 25,246,667,000 |
| 2015 |
GDP (constant LCU) in nearby economies
- Albania — 2.12 trillion (2025)
- Andorra — 3.12 billion (2025)
- Armenia — 7.81 trillion (2025)
- Austria — 416.81 billion (2025)
- Azerbaijan — 33.94 billion (2025)
- Belarus — 213.25 billion (2025)
- Belgium — 531.48 billion (2025)
- Bosnia and Herzegovina — 43.87 billion (2025)
- Bulgaria — 75.24 billion (2025)
- Channel Islands — 10.06 billion (2023)
- Croatia — 69.73 billion (2025)
- Cyprus — 30.66 billion (2025)
More economic policy & debt data for Estonia
- Adjusted savings, education expenditure (% of GNI) — 4.76% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$274.52 million (2021)
- Net financial flows, IBRD (NFL, current US$) — US$0 (2016)
- GDP (current LCU) — 41.62 billion (2025)
- GDP, linked series (current LCU) — 41.62 billion (2025)
- GDP (constant 2015 US$) — US$27.72 billion (2025)
- GDP, PPP (current international $) — 71.2 billion (2025)
- GDP, PPP (constant 2021 international $) — 56.85 billion (2025)
- GDP per capita (current LCU)
Reading data like this
Questions people ask
- What is Estonia's GDP (constant LCU)?
- 29.11 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 89.08% from 15.4 billion in 1990 (1.84% a year on average, compounded). The highest value was 30.16 billion in 2021 and the lowest 10.35 billion in 1994.
- How does Estonia rank?
- 151st highest of 186 economies with data for 2025.
- Is the latest change in GDP (constant LCU) unusual for Estonia?
- In 2025, Estonia's GDP (constant LCU) rose 0.6% on 2024 (from 28.95 billion to 29.11 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.6% and a typical year strayed about 5.4% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.MKTP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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