ee Estonia 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$24.56 billion

↑ 5.36% vs 2015
GDP per Capita

$18,666.37

↑ 5.33% vs 2015
GDP Growth (Annual %)

3.09%

↑ 1.25pp vs 2015
Inflation Rate (CPI %)

0.15%

↑ 0.64pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $23.31 billion $24.56 billion +5.36%
GDP per Capita $17,722.16 $18,666.37 +5.33%
GDP Growth (Annual %) 1.84% 3.09% +1.25pp
Inflation (CPI %) -0.49% 0.15% +0.64pp
Unemployment Rate (%) 6.41% 6.88% +0.47pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$24.56 billion
GDP per Capita
$18,666.37
GDP Growth (Annual %)
3.09%
Gross National Income
$23.54 billion
Prices & Employment
Inflation (CPI %)
0.15%
Inflation (GDP Deflator %)
2.44%
Unemployment Rate (%)
6.88%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
1.00%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Estonia's Gross Domestic Product (GDP) is $24.56 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Estonia for 2016 is $18,666.37. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Estonia for 2016 is 0.15%. This measures the annual percentage change in the cost of consumer goods and services.

Estonia's annual GDP growth rate for 2016 is 3.09%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Estonia for 2016 is 6.88%. This represents the percentage of the labor force that is unemployed and actively seeking employment.