National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Estonia
NAEXKP01EEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
-97.33%
Date Range
1/1/1996 - 1/1/2025
Summary
The 'National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Estonia' series measures the total economic output of Estonia, adjusted for inflation, providing a key indicator of the country's economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This GDP series tracks the value of all goods and services produced within Estonia's borders, regardless of the nationality of the producers. It is a comprehensive measure of a country's economic activity and a critical data point for economists and policymakers analyzing Estonia's economic growth and development.
Methodology
The data is collected and calculated by Estonia's national statistical agency using standardized national accounting principles.
Historical Context
This GDP metric is widely used to inform economic policy decisions and investment strategies.
Key Facts
- Estonia's GDP reached €35.3 billion in 2021.
- GDP per capita in Estonia was €26,800 in 2021.
- Estonia's economy grew by 8.3% in 2021 after contracting in 2020.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of all goods and services produced within Estonia's borders, adjusted for inflation, providing a comprehensive indicator of the country's economic output and performance.
Q: Why is this trend relevant for users or analysts?
A: GDP is a crucial metric for economists and policymakers to assess a country's economic health, growth, and development, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Estonia's national statistical agency using standardized national accounting principles.
Q: How is this trend used in economic policy?
A: This GDP metric is widely used to inform economic policy decisions, as it provides a comprehensive measure of a country's economic activity and performance.
Q: Are there update delays or limitations?
A: There may be some delays in the release of the latest GDP data, as it requires comprehensive data collection and analysis by the national statistical agency.
Related Trends
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Estonia
SLRTTO01EEA661N
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Estonia
LFEM24FEEEQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Estonia
ESTCPHPEN01GYM
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Estonia
LREMTTFEEEA156N
Number of Listed Companies for Estonia
DDOM01EEA644NWDB
Harmonized Index of Consumer Prices: Household Appliances for Estonia
CP0530EEM086NEST
Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Estonia (NAEXKP01EEQ659S), retrieved from FRED.