Estonia's GNI (constant LCU) was 29.58 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 26.59% from 23.37 billion in 2014 (2.39% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.58 billion | 2024 |
| Five years earlier | 28.53 billion | 2019 |
| Ten years earlier | 23.37 billion | 2014 |
| Highest | 29.58 billion | 2024 |
| Lowest | 13.09 billion | 2000 |
| Average since 2015 | 27.56 billion | 2015–2024 |
| First recorded | 13.09 billion |
What the numbers say
In 2024, Estonia's GNI (constant LCU) rose 1.4% on 2023 (from 29.19 billion to 29.58 billion).
Across the 23 yearly changes before that (2001 to 2023), the average change was +3.7% and a typical year strayed about 5.1% from that (the standard deviation). This year's change was 0.5 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 12.1% in 2005 and the biggest yearly fall was 11.2% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 619.66 million a year. A straight line explains 86% 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 2024, Estonia had the 37th highest value of the 47 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 2024 ranking
- Kuwait — 33rd of 47: 43.6 billion
- Oman — 34th of 47: 36.33 billion
- Latvia — 35th of 47: 30.8 billion
- Bahrain — 37th of 47: 14.58 billion
- Bahamas, The — 38th of 47: 13.18 billion
- Solomon Islands — 39th of 47: 11.95 billion
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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 25 values
| Year | GNI (constant LCU) |
|---|---|
| 2024 | 29,582,694,415 |
| 2023 | 29,188,018,846 |
| 2022 | 29,228,548,314 |
| 2021 | 29,450,164,447 |
| 2020 | 27,463,889,000 |
| 2019 | 28,528,074,349 |
| 2018 | 27,335,378,556 |
| 2017 | 26,122,778,409 |
| 2016 | 24,793,778,056 |
| 2015 | 23,952,119,995 |
| 2014 |
GNI (constant LCU) in nearby economies
- Albania — 2.12 trillion (2024)
- Armenia — 7.22 trillion (2025)
- Austria — 403.93 billion (2024)
- Belarus — 207.18 billion (2025)
- Belgium — 520.46 billion (2024)
- Bosnia and Herzegovina — 43.78 billion (2025)
- Bulgaria — 71.44 billion (2025)
- Croatia — 69.67 billion (2025)
- Cyprus — 27.21 billion (2025)
- Czechia — 6.1 trillion (2024)
- Denmark — 2.69 trillion (2025)
- Finland — 242.41 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 (constant LCU) — 29.11 billion (2025)
- GDP, PPP (current international $) — 71.2 billion (2025)
- GDP, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is Estonia's GNI (constant LCU)?
- 29.58 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 125.91% from 13.09 billion in 2000 (3.45% a year on average, compounded). The highest value was 29.58 billion in 2024 and the lowest 13.09 billion in 2000.
- How does Estonia rank?
- 37th highest of 47 economies with data for 2024.
- Is the latest change in GNI (constant LCU) unusual for Estonia?
- In 2024, Estonia's GNI (constant LCU) rose 1.4% on 2023 (from 29.19 billion to 29.58 billion). Across the 23 yearly changes before that (2001 to 2023), the average change was +3.7% and a typical year strayed about 5.1% from that (the standard deviation). This year's change was 0.5 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.GNP.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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