Estonia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$31.82 billion
↓ 0.17% vs 2019GDP per Capita
$23,933.99
↓ 0.36% vs 2019GDP Growth (Annual %)
-2.88%
↓ 6.61pp vs 2019Inflation Rate (CPI %)
-0.44%
↓ 2.72pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $31.87 billion | $31.82 billion | -0.17% |
| GDP per Capita | $24,021.25 | $23,933.99 | -0.36% |
| GDP Growth (Annual %) | 3.73% | -2.88% | -6.61pp |
| Inflation (CPI %) | 2.28% | -0.44% | -2.72pp |
| Unemployment Rate (%) | 4.51% | 6.96% | +2.44pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $31.82 billion
- GDP per Capita
- $23,933.99
- GDP Growth (Annual %)
- -2.88%
- Gross National Income
- $30.90 billion
Prices & Employment
- Inflation (CPI %)
- -0.44%
- Inflation (GDP Deflator %)
- 0.75%
- Unemployment Rate (%)
- 6.96%
- 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)
- -2.73%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Estonia's Gross Domestic Product (GDP) is $31.82 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Estonia for 2020 is $23,933.99. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Estonia for 2020 is -0.44%. This measures the annual percentage change in the cost of consumer goods and services.
Estonia's annual GDP growth rate for 2020 is -2.88%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Estonia for 2020 is 6.96%. This represents the percentage of the labor force that is unemployed and actively seeking employment.