GERD as a percentage of GDP in Estonia, Republic of

Estonia, Republic of: GERD as a percentage of GDP was 1.8% in 2023. β–² 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, Republic of, 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, Republic of 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, Republic of peaked at 2.3% in 2011 and was at its lowest, 0.6%, in 1998.

Estonia, Republic of 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.

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, Republic of

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

See the full ranking of 166 places β†’

More science & technology data for Estonia, Republic of

All data for Estonia, Republic of β†’

Frequently asked questions

What is gerd as a percentage of gdp in Estonia, Republic of?
Gerd as a percentage of gdp in Estonia, Republic of was 1.8% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Estonia, Republic of?
The highest recorded value was 2.3% in 2011.
What is the lowest gerd as a percentage of gdp recorded in Estonia, Republic of?
The lowest recorded value was 0.6% in 1998.
How does Estonia, Republic of rank for gerd as a percentage of gdp?
Estonia, Republic of ranks 20th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Estonia, Republic of?
Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
Where does this Estonia, Republic of 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, Republic of. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 19 August 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