Economic Trivia

Estonia produces about 75% of its consumed electricity.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): Finland, Russia, and Germany
Top 3 Exported Goods (2021): Oil & Mineral Fuels, Electrical Machinery, and Wood

Top Industries Source: CIA World Factbook

Engineering; Electronics; Wood and Wood Products; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $62,797,115,058 (2022)
GDP Growth Rate (annual %) -1.287% (2022)
GDP Per Capita, PPP (current international) $46,697 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 112/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 19.398% (2022)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 47.8% (2019)
Real Interest Rate (5 year average %) 2.5% (2016)
Manufacturing, value added (% of GDP) 12.761% (2022)
Current Account Balance (BoP, current US$) ($846,714,843) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 732,290 (2022)
Employment in Agriculture (% of total employment) 2.692% (2021)
Employment in Industry (% of total employment) 29.05% (2021)
Employment in Services (% of total employment) 68.258% (2021)
Unemployment Rate 5.851% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $32,791,715,557 (2022)
Exports of goods and services (current US$) $32,576,889,423 (2022)
Total Merchandise Trade (% of GDP) 126.404% (2022)
FDI, net inflows (BoP, current US$) $1,530,123,235 (2022)
Commercial Service Exports (current US$) $11,324,494,427 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Estonia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank