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 | 31.39 USD Billion | 2019 |
GDP Annual Growth Rate | -1.9 % | 3Q/20 |
GDP Growth Rate | 3.3 % | 3Q/20 |
GDP per capita | 20742 USD | 2019 |
Inflation Rate YoY | 0.2 % | Jan/21 |
Interest Rate | 0 % | Feb/21 |
Unemployment Rate | 7.4 % | 4Q/20 |
Wages | 1441 EUR/Month | 1739.645 USD/Month | 3Q/20 |
Balance of Trade | -131 EUR Million | -0.158 B USD | Dec/20 |
Current Account | -139 EUR Million | -0.168 B USD | 3Q/20 |
GDP

31.39
USD Billion
#101 from 174 countries
GDP per capita

20742
USD
#43 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 31.39 USD Billion | 2019 |
GDP Annual Growth Rate | -1.9 % | 3Q/20 |
GDP Growth Rate | 3.3 % | 3Q/20 |
GDP per capita | 20742 USD | 2019 |
GDP Constant Prices | 6144 EUR Million | 7.417 B USD | 3Q/20 |
GDP per capita PPP | 36710 USD | 2019 |
GDP From Agriculture | 173 EUR Million | 0.209 B USD | 3Q/20 |
GDP From Construction | 386 EUR Million | 0.466 B USD | 3Q/20 |
GDP From Manufacturing | 803 EUR Million | 0.969 B USD | 3Q/20 |
GDP From Mining | 67.78 EUR Million | 0.082 B USD | 3Q/20 |
GDP From Services | 74.88 EUR Million | 0.09 B USD | 3Q/20 |
GDP From Transport | 458 EUR Million | 0.553 B USD | 3Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 8.4 % | 2019 |
Government Budget Value | -79.2 EUR Million | -0.096 USD Billion | Sep/20 |
Government Spending | 1083 EUR Million | 1.307 USD Billion | 3Q/20 |
Government Revenues | 2892 EUR Million | 3.491 USD Billion | Sep/20 |
Fiscal Expenditure | 2971 EUR Million | 3.587 B USD | Sep/20 |
Government Budget to GDP | -0.3 % | 2019 |
Government Spending to GDP | 39 % | 2019 |
Military Expenditure | 571 USD Million | 0.571 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 214 index points | Jan/21 |
Export Prices | 325 index points | Jan/21 |
Food Inflation | 0.2 % | Jan/21 |
Gasoline Prices | 1.63 USD/Liter | Feb/21 |
GDP Deflator | 113 index points | 3Q/20 |
Import Prices | 141 index points | Jan/21 |
Inflation Rate YoY | 0.2 % | Jan/21 |
Producer Prices | 113 index points | Jan/21 |
Inflation Rate Mom | 0.7 % | Jan/21 |
Core Consumer Prices | 108 Index Points | Dec/20 |
Core Inflation Rate | 0.6 % | Jan/21 |
CPI Housing Utilities | 344 Index Points | Jan/21 |
CPI Transportation | 185 Index Points | Jan/21 |
Harmonised Consumer Prices | 110 Index Points | Jan/21 |
Producer Prices Change | 2.3 % | Jan/21 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 2.2 % | 2019 |
Balance of Trade | -131 EUR Million | -0.158 USD Billion | Dec/20 |
Capital Flows | 129 EUR Million | 0.156 USD Billion | 3Q/20 |
Current Account | -139 EUR Million | -0.168 USD Billion | 3Q/20 |
Exports | 1344 EUR Million | 1.623 USD Billion | Dec/20 |
External Debt | 24010 EUR Million | 28.986 USD Billion | 3Q/20 |
Imports | 1475 EUR Million | 1.781 USD Billion | Dec/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 3.84 % | Dec/20 |
Gold Reserves | 0.25 Tonnes | 2Q/20 |
Interest Rate | 0 % | Feb/21 |
Loans to Private Sector | 7565 EUR Million | 9.133 USD Billion | Jan/21 |
Money Supply M1 | 18644 EUR Million | 22.508 USD Billion | Jan/21 |
Money Supply M2 | 21527 EUR Million | 25.988 USD Billion | Jan/21 |
Money Supply M3 | 21539 EUR Million | 26.003 B USD | Jan/21 |
Central Bank Balance Sheet | 12950263 EUR Thousand | 15.634 B USD | 3Q/20 |
Foreign Direct Investment | 903 EUR Million | 1.09 B USD | 3Q/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 584 EUR/Month | 705.033 USD/Month | 1Q/21 |
Retirement Age Men | 63.75 | 2020 |
Retirement Age Women | 63.75 | 2020 |
Unemployment Rate | 7.4 % | 4Q/20 |
Wages | 1441 EUR/Month | 1739.645 USD/Month | 3Q/20 |
Youth Unemployment Rate | 23.3 % | Nov/20 |
Employed Persons | 660 Thousand Person | 0.66 Million Person | 4Q/20 |
Employment Change | 0.9 % | 3Q/20 |
Employment Rate | 66.3 % | 3Q/20 |
Full Time Employment | 552 Thousand Person | 3Q/20 |
Job Vacancies | 3.38 Thousand | Jan/21 |
Labor Force Participation Rate | 71.8 % | 3Q/20 |
Long Term Unemployment Rate | 1.3 % | 3Q/20 |
Part Time Employment | 66.8 Thousand Persons | 3Q/20 |
Unemployed Persons | 56.58 Thousand Persons | 0.057 Million Persons | Jan/21 |
Wage Growth | 4.7 % | 1Q/20 |
Wages in Manufacturing | 1373 EUR/Month | 1657.552 USD/Month | 3Q/20 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 20 % | 2020 |
Personal Income Tax Rate | 20 % | 2020 |
Sales Tax Rate | 20 % | 2020 |
Social Security Rate | 37.4 % | 2020 |
Social Security Rate For Companies | 33.8 % | 2020 |
Social Security Rate For Employees | 3.6 % | 2020 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Electricity Production | 519 GWh | Dec/20 |
Industrial Production | 0.8 % | Dec/20 |
Mining Production | 3.8 % | Dec/20 |
Industrial Production (MoM) | 1.6 % | Dec/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Business Confidence | 96.8 index points | Feb/21 |
Corruption Index | 75 index points | 2020 |
Corruption Rank | 17 place | 2020 |
Ease of Doing Business | 18 place | 2019 |
Manufacturing Production | 0.6 % | Dec/20 |
Competitiveness Index | 70.91 Index Points | 2019 |
Competitiveness Rank | 31 | 2019 |
Corporate Profits | 431658 EUR Thousand | 0.521 B USD | 1Q/20 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | -16.9 index points | Feb/21 |
Private Debt To GDP | 172 % | 2018 |
Retail Sales MoM | 12.9 % | Dec/20 |
Retail Sales YoY | 7.3 % | Dec/20 |
Consumer Credit | 9834 EUR Million | 11.872 USD Billion | Jan/21 |
Consumer Spending | 3102 EUR Million | 3.745 USD Billion | 3Q/20 |
Households Debt To Income | 66.3 % | 2019 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | -4.9 % | 2Q/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

-0.096
USD Billion
#31 from 113 countries
Inflation Rate

0.2
%
#89 from
174 countries
Interest Rate

0
%
#148 from
159 countries
Bank Lending Rate

3.84%
#32 from
55 countries
Unemployment Rate

7.4
%
#106 from
171 countries
Wages

1739.645
USD/Month
#31 from
82 countries
Retirement Age


63.75
63.75
men
women
Taxes


20%
20%
company profits
income of individuals