GERD as a percentage of GDP in Estonia

Estonia: GERD as a percentage of GDP was 1.8% in 2023. ▲ Rising

Latest (2023)
1.8%
Change on year
up 4.4%
World rank
20th
of 116 countries
All-time high
2.3%
in 2011
All-time low
0.6%
in 1998
Years of data
26
1998–2023

GERD as a percentage of GDP in Estonia, 1998–2023

0.511.522.51998201020231998: 0.5651999: 0.6772000: 0.62001: 0.6992002: 0.7122003: 0.7642004: 0.8462005: 0.9172006: 1.12007: 1.12008: 1.32009: 1.42010: 1.62011: 2.32012: 2.12013: 1.72014: 1.42015: 1.42016: 1.22017: 1.32018: 1.42019: 1.62020: 1.72021: 1.82022: 1.82023: 1.8

Source: UNESCO Institute for Statistics.

Analysis

Estonia recorded 1.8% for gerd as a percentage of gdp in 2023.

That represents a change of up 4.4% on the previous year and up 8.1% over ten years.

Over the whole period, gerd as a percentage of gdp in Estonia peaked at 2.3% in 2011 and was at its lowest, 0.6%, in 1998.

Estonia ranks 20th of 116 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 26 years of available data.

GERD as a percentage of GDP in Estonia, year by year

Annual values for GERD as a percentage of GDP in Estonia, 1998 to 2023.
Year Value Change
1998 0.6% —
1999 0.7% +19.8%
2000 0.6% -11.4%
2001 0.7% +16.5%
2002 0.7% +1.9%
2003 0.8% +7.4%
2004 0.8% +10.6%
2005 0.9% +8.4%
2006 1.1% +21.3%
2007 1.1% -4.8%
2008 1.3% +18.2%
2009 1.4% +11.6%
2010 1.6% +13.0%
2011 2.3% +45.4%
2012 2.1% -8.3%
2013 1.7% -19.2%
2014 1.4% -17.2%
2015 1.4% +2.4%
2016 1.2% -15.5%
2017 1.3% +2.7%
2018 1.4% +10.5%
2019 1.6% +15.0%
2020 1.7% +8.5%
2021 1.8% +1.5%
2022 1.8% +0.5%
2023 1.8% +4.4%

Estonia compared with similar countries

  • Estonia's 1.8% is above the median for high income countries, which is 1.5%, 1.2× the median. (54 countries reporting)
  • Estonia's 1.8% is above the median for Europe & Central Asia, which is 1.4%, 1.3× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6% 0.6% 0.7% 2
2000s 0.9% 0.6% 1.4% 10
2010s 1.6% 1.2% 2.3% 10
2020s 1.8% 1.7% 1.8% 4

Countries ranked near Estonia

  1. 17 Slovenia 2.1% compare
  2. 18 Australia 1.9% compare
  3. 19 Norway 1.9% compare
  4. 21 Czechia 1.8% compare
  5. 22 Singapore 1.8% compare
  6. 23 Canada 1.8% compare

See the full ranking of 166 places →

More science & technology data for Estonia

All data for Estonia →

Frequently asked questions

What is gerd as a percentage of gdp in Estonia?
Gerd as a percentage of gdp in Estonia was 1.8% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Estonia?
The highest recorded value was 2.3% in 2011.
What is the lowest gerd as a percentage of gdp recorded in Estonia?
The lowest recorded value was 0.6% in 1998.
How does Estonia rank for gerd as a percentage of gdp?
Estonia ranks 20th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Estonia?
Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
Where does this Estonia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Estonia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/estonia/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release