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Economy of Estonia. Statistics, Data and Indicators

flag
Estonia
81AA- Credit rank #28
176.44 Quality of life #11
17 Corruption rank#20
18 Ease of doing business#16
Estonia


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
vvp
31.03
USD Billion
#101 from 174 countries
GDP per capita
vvp
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



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
gold_reserve_icon
0.25
Tonnes
#102 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
-0.435
USD Billion
#31 from 113 countries
Inflation Rate
inflation_icon
3.8
%
#89 from 174 countries


Interest Rate
discount_rate_icon
0
%
#148 from 159 countries
Bank Lending Rate
credit_rate_icon
3.28%
#32 from 55 countries


Unemployment Rate
unemployment_icon
7.1
%
#106 from 171 countries
Wages
salary_icon
1741.052
USD/Month
#31 from 82 countries


Retirement Age
man_icon
woman_icon
63.75
63.75
men
women
Taxes
company_icon
private_icon
20%
20%
company profits
income of individuals