Economy of Estonia. Statistics, Data and Indicators
Estonia
| 81AA- | Credit rank #28 |
| 176.44 | Quality of life #11 |
| 17 | Corruption rank#20 |
| 18 | Ease of doing business#16 |
Estonia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 31.03 USD Billion | 2020 |
| GDP Annual Growth Rate | 5.4 % | 1Q/21 |
| GDP Growth Rate | 4.8 % | 1Q/21 |
| GDP per capita | 1289 USD | 2020 |
| Inflation Rate YoY | 3.8 % | Jun/21 |
| Interest Rate | 0 % | Jun/21 |
| Unemployment Rate | 7.1 % | 1Q/21 |
| Wages | 1473 EUR/Month | 1741.052 USD/Month | 1Q/21 |
| Balance of Trade | -175 EUR Million | -0.207 B USD | May/21 |
| Current Account | -323 EUR Million | -0.382 B USD | 1Q/21 |
GDP
31.03
USD Billion
#101 from 174 countries
GDP per capita
1289
USD
#43 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 31.03 USD Billion | 2020 |
| GDP Annual Growth Rate | 5.4 % | 1Q/21 |
| GDP Growth Rate | 4.8 % | 1Q/21 |
| GDP per capita | 1289 USD | 2020 |
| GDP Constant Prices | 6008 EUR Million | 7.101 B USD | 1Q/21 |
| GDP per capita PPP | 35638 USD | 2020 |
| GDP From Agriculture | 79.3 EUR Million | 0.094 B USD | 1Q/21 |
| GDP From Construction | 286 EUR Million | 0.338 B USD | 1Q/21 |
| GDP From Manufacturing | 840 EUR Million | 0.993 B USD | 1Q/21 |
| GDP From Mining | 74.3 EUR Million | 0.088 B USD | 1Q/21 |
| GDP From Services | 39.2 EUR Million | 0.046 B USD | 1Q/21 |
| GDP From Transport | 528 EUR Million | 0.624 B USD | 1Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 18.2 % | 2020 |
| Government Budget Value | -368 EUR Million | -0.435 USD Billion | Dec/20 |
| Government Spending | 1122 EUR Million | 1.326 USD Billion | 1Q/21 |
| Government Revenues | 3109 EUR Million | 3.675 USD Billion | Dec/20 |
| Fiscal Expenditure | 3471 EUR Million | 4.103 B USD | Dec/20 |
| Government Budget to GDP | -4.9 % | 2020 |
| Government Spending to GDP | 45.1 % | 2020 |
| Military Expenditure | 687 USD Million | 0.687 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 221 index points | Jun/21 |
| Export Prices | 345 index points | May/21 |
| Food Inflation | 0.3 % | Jun/21 |
| Gasoline Prices | 1.7 USD/Liter | Jun/21 |
| GDP Deflator | 114 index points | 1Q/21 |
| Import Prices | 149 index points | May/21 |
| Inflation Rate YoY | 3.8 % | Jun/21 |
| Producer Prices | 118 index points | May/21 |
| Inflation Rate Mom | 1.2 % | Jun/21 |
| Core Consumer Prices | 109 Index Points | May/21 |
| Core Inflation Rate | 2.7 % | Jun/21 |
| CPI Housing Utilities | 358 Index Points | Jun/21 |
| CPI Transportation | 196 Index Points | Jun/21 |
| Harmonised Consumer Prices | 114 Index Points | Jun/21 |
| Producer Prices Change | 8.4 % | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 2.2 % | 2019 |
| Balance of Trade | -175 EUR Million | -0.207 USD Billion | May/21 |
| Capital Flows | -377 EUR Million | -0.446 USD Billion | 1Q/21 |
| Current Account | -323 EUR Million | -0.382 USD Billion | 1Q/21 |
| Exports | 1429 EUR Million | 1.689 USD Billion | May/21 |
| External Debt | 25919 EUR Million | 30.636 USD Billion | 1Q/21 |
| Imports | 1644 EUR Million | 1.943 USD Billion | May/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 3.28 % | May/21 |
| Gold Reserves | 0.25 Tonnes | 1Q/21 |
| Interest Rate | 0 % | Jun/21 |
| Loans to Private Sector | 7670 EUR Million | 9.066 USD Billion | May/21 |
| Money Supply M1 | 20110 EUR Million | 23.77 USD Billion | May/21 |
| Money Supply M2 | 22910 EUR Million | 27.079 USD Billion | May/21 |
| Money Supply M3 | 22989 EUR Million | 27.172 B USD | May/21 |
| Central Bank Balance Sheet | 14160787 EUR Thousand | 16.738 B USD | 1Q/21 |
| Foreign Direct Investment | 1020 EUR Million | 1.206 B USD | 4Q/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 584 EUR/Month | 690.275 USD/Month | 1Q/21 |
| Retirement Age Men | 63.75 | 2020 |
| Retirement Age Women | 63.75 | 2020 |
| Unemployment Rate | 7.1 % | 1Q/21 |
| Wages | 1473 EUR/Month | 1741.052 USD/Month | 1Q/21 |
| Youth Unemployment Rate | 14.7 % | May/21 |
| Employed Persons | 641 Thousand Person | 0.641 Million Person | 1Q/21 |
| Employment Change | -0.8 % | 1Q/21 |
| Employment Rate | 65.7 % | 1Q/21 |
| Full Time Employment | 544 Thousand Person | 4Q/20 |
| Job Vacancies | 6.05 Thousand | Jun/21 |
| Labor Force Participation Rate | 70.7 % | 1Q/21 |
| Long Term Unemployment Rate | 1.8 % | 1Q/21 |
| Part Time Employment | 79.6 Thousand Persons | 4Q/20 |
| Unemployed Persons | 50.16 Thousand Persons | 0.05 Million Persons | Jun/21 |
| Wage Growth | 2.9 % | 4Q/20 |
| Wages in Manufacturing | 1377 EUR/Month | 1627.583 USD/Month | 1Q/21 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2021 |
| Personal Income Tax Rate | 20 % | 2021 |
| Sales Tax Rate | 20 % | 2021 |
| Social Security Rate | 37.4 % | 2021 |
| Social Security Rate For Companies | 33.8 % | 2021 |
| Social Security Rate For Employees | 3.6 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 415 GWh | Apr/21 |
| Industrial Production | 15.9 % | May/21 |
| Mining Production | -33 % | Feb/21 |
| Industrial Production (MoM) | -1.5 % | May/21 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 108 index points | Jun/21 |
| Corruption Index | 75 index points | 2020 |
| Corruption Rank | 17 place | 2020 |
| Ease of Doing Business | 18 place | 2019 |
| Manufacturing Production | -10.2 % | Feb/21 |
| Competitiveness Index | 70.91 Index Points | 2019 |
| Competitiveness Rank | 31 | 2019 |
| Corporate Profits | 563392 EUR Thousand | 0.666 B USD | 4Q/20 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -9.4 index points | Jun/21 |
| Private Debt To GDP | 163 % | 2019 |
| Retail Sales MoM | 17.3 % | May/21 |
| Retail Sales YoY | 17.8 % | May/21 |
| Consumer Credit | 10057 EUR Million | 11.887 USD Billion | May/21 |
| Consumer Spending | 2902 EUR Million | 3.43 USD Billion | 1Q/21 |
| Households Debt To Income | 66.3 % | 2019 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -4 % | 4Q/20 |
Gold Reserves
0.25
Tonnes
#102 from 114 countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
-0.435
USD Billion
#31 from 113 countries
Inflation Rate
3.8
%
#89 from
174 countries
Interest Rate
0
%
#148 from
159 countries
Bank Lending Rate
3.28%
#32 from
55 countries
Unemployment Rate
7.1
%
#106 from
171 countries
Wages
1741.052
USD/Month
#31 from
82 countries
Retirement Age
63.75
63.75
men
women
Taxes
20%
20%
company profits
income of individuals
