ee Estonia 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$37.20 billion

↑ 16.92% vs 2020
GDP per Capita

$27,953.77

↑ 16.80% vs 2020
GDP Growth (Annual %)

7.15%

↑ 10.04pp vs 2020
Inflation Rate (CPI %)

4.65%

↑ 5.10pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $31.82 billion $37.20 billion +16.92%
GDP per Capita $23,933.99 $27,953.77 +16.80%
GDP Growth (Annual %) -2.88% 7.15% +10.04pp
Inflation (CPI %) -0.44% 4.65% +5.10pp
Unemployment Rate (%) 6.96% 6.18% -0.78pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$37.20 billion
GDP per Capita
$27,953.77
GDP Growth (Annual %)
7.15%
Gross National Income
$36.28 billion
Prices & Employment
Inflation (CPI %)
4.65%
Inflation (GDP Deflator %)
5.37%
Unemployment Rate (%)
6.18%
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)
-3.73%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Estonia's Gross Domestic Product (GDP) is $37.20 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Estonia for 2021 is $27,953.77. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Estonia for 2021 is 4.65%. This measures the annual percentage change in the cost of consumer goods and services.

Estonia's annual GDP growth rate for 2021 is 7.15%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Estonia for 2021 is 6.18%. This represents the percentage of the labor force that is unemployed and actively seeking employment.