Estonia 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$40.93 billion
↓ 0.88% vs 2023GDP per Capita
$29,867.71
↓ 0.88% vs 2023GDP Growth (Annual %)
-0.88%
↑ 2.14pp vs 2023Inflation Rate (CPI %)
3.52%
↓ 5.64pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $41.29 billion | $40.93 billion | -0.88% |
| GDP per Capita | $30,133.30 | $29,867.71 | -0.88% |
| GDP Growth (Annual %) | -3.02% | -0.88% | +2.14pp |
| Inflation (CPI %) | 9.16% | 3.52% | -5.64pp |
| Unemployment Rate (%) | 6.38% | 7.83% | +1.45pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $40.93 billion
- GDP per Capita
- $29,867.71
- GDP Growth (Annual %)
- -0.88%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.52%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 7.83%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Estonia's Gross Domestic Product (GDP) is $40.93 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Estonia for 2024 is $29,867.71. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Estonia for 2024 is 3.52%. This measures the annual percentage change in the cost of consumer goods and services.
Estonia's annual GDP growth rate for 2024 is -0.88%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Estonia for 2024 is 7.83%. This represents the percentage of the labor force that is unemployed and actively seeking employment.