Estonia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

0.9

Units In

-0.3

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
14.1 Dec 1997	-19.4 Sep 2009	3.68 %	1996-2025	Statistics Estonia

More than 71 percent of the Estonian GDP is derived from the service sectors, 25 percent from industry and 4 percent from agriculture. The most important sectors of the Estonian economy are: real estate, rental and letting, and business services (21 percent of GDP); the processing industry (15 percent), commerce (14 percent); transport, warehousing and communications (10 percent) and construction (7 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by gross fixed capital formation (25 percent, one of the highest among EU countries) and government expenditure (20 percent). Exports of goods and services account for 84 percent of GDP while imports account for 81 percent, adding 3 percent of total GDP.

Latest Updates

The economy of Estonia grew 0.9% year-on-year in the third quarter of 2025, following a downwardly revised 0.8% gain in the previous quarter. This marked the largest economic growth since the first quarter of 2022, as government spending increased (3.4% vs 2.3% in Q2). In contrast, private consumption fell (-0.6% vs 0.9%) and fixed investments also contracted (-0.7% vs 1.4%). Net external demand also supported growth, as exports (5.7% vs 1.6%) rose more than imports (5.6% vs 2.4%). On the production side, most sectors contributed positively to the economic activity, led by energy (21.5%) and real estate sector (4.4%). On a seasonally adjusted quarterly basis, GDP grew by 0.4% in the third quarter, easing from a downwardly revised 0.5% rise in the preceding period.