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World Economic Outlook Database

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New Query

Report for Selected Countries and Subjects: October 2020

You will find notes on the data and options to download the table below your results. The downloads are presented in Tab Delimited Values format which is compatible with most statistical packages and Excel. Shaded blue cells indicate IMF staff estimates. Please scroll through table to see full content.

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Country Subject Descriptor Units Scale Country/Series-specific Notes 2018 2019 2020 2021 2022 2023 2024 2025
Estonia Gross domestic product, constant prices National currency Billions

23.609 24.789 23.500 24.557 25.466 26.281 27.069 27.882
Estonia Gross domestic product, constant prices Percent change

4.355 4.996 -5.200 4.500 3.700 3.200 3.000 3.000
Estonia Gross domestic product, current prices National currency Billions

25.938 28.112 26.652 28.440 30.153 31.721 33.366 35.070
Estonia Gross domestic product, current prices U.S. dollars Billions

30.645 31.475 30.468 34.973 37.448 39.592 41.718 43.849
Estonia Gross domestic product, current prices Purchasing power parity; international dollars Billions

47.776 51.059 49.087 52.429 55.336 58.142 61.031 64.093
Estonia Gross domestic product, deflator Index

109.862 113.407 113.414 115.809 118.403 120.701 123.260 125.781
Estonia Gross domestic product per capita, constant prices National currency Units

17,859.145 18,711.214 17,729.137 18,522.000 19,207.650 19,828.387 20,435.150 21,065.161
Estonia Gross domestic product per capita, constant prices Purchasing power parity; 2017 international dollar Units

35,292.537 36,976.362 35,035.621 36,602.446 37,957.399 39,184.076 40,383.137 41,628.140
Estonia Gross domestic product per capita, current prices National currency Units

19,620.326 21,219.773 20,107.273 21,450.075 22,742.396 23,933.083 25,188.341 26,495.879
Estonia Gross domestic product per capita, current prices U.S. dollars Units

23,181.220 23,757.617 22,985.858 26,377.577 28,245.303 29,871.398 31,493.962 33,128.826
Estonia Gross domestic product per capita, current prices Purchasing power parity; international dollars Units

36,139.901 38,540.113 37,032.823 39,543.700 41,737.059 43,866.734 46,073.597 48,423.563
Estonia Output gap in percent of potential GDP Percent of potential GDP

2.266 2.952 -3.729 -1.428 n/a n/a n/a n/a
Estonia Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent

0.037 0.038 0.038 0.037 0.037 0.037 0.037 0.037
Estonia Implied PPP conversion rate National currency per current international dollar

0.543 0.551 0.543 0.542 0.545 0.546 0.547 0.547
Estonia Total investment Percent of GDP

26.749 27.692 25.237 26.308 27.766 29.369 30.996 32.231
Estonia Gross national savings Percent of GDP

28.741 30.335 29.236 28.308 28.766 29.269 30.896 32.131
Estonia Inflation, average consumer prices Index

108.045 110.496 110.717 112.267 114.737 117.146 119.372 121.640
Estonia Inflation, average consumer prices Percent change

3.412 2.268 0.200 1.400 2.200 2.100 1.900 1.900
Estonia Inflation, end of period consumer prices Index

108.640 110.590 110.811 112.363 114.835 117.246 119.474 121.744
Estonia Inflation, end of period consumer prices Percent change

3.319 1.795 0.200 1.400 2.200 2.100 1.900 1.900
Estonia Volume of imports of goods and services Percent change

5.694 3.730 -11.456 8.471 6.716 5.866 5.000 4.500
Estonia Volume of Imports of goods Percent change

4.767 2.594 -9.500 8.000 6.000 5.500 5.000 4.500
Estonia Volume of exports of goods and services Percent change

4.008 6.231 -8.817 6.958 4.841 3.594 3.000 3.000
Estonia Volume of exports of goods Percent change

2.746 6.210 -5.000 6.000 3.800 3.594 3.000 3.000
Estonia Unemployment rate Percent of total labor force

5.371 4.448 7.800 6.109 5.000 4.966 4.966 4.966
Estonia Employment Persons Millions

0.665 0.671 0.647 0.667 n/a n/a n/a n/a
Estonia Population Persons Millions

1.322 1.325 1.325 1.326 1.326 1.325 1.325 1.324
Estonia General government revenue National currency Billions

10.026 10.849 9.042 10.804 11.538 12.413 13.011 13.884
Estonia General government revenue Percent of GDP

38.655 38.590 33.927 37.989 38.266 39.132 38.994 39.589
Estonia General government total expenditure National currency Billions

10.146 10.960 10.862 12.188 12.881 13.603 14.234 14.948
Estonia General government total expenditure Percent of GDP

39.118 38.985 40.757 42.854 42.719 42.883 42.660 42.623
Estonia General government net lending/borrowing National currency Billions

-0.120 -0.111 -1.820 -1.384 -1.343 -1.190 -1.223 -1.064
Estonia General government net lending/borrowing Percent of GDP

-0.463 -0.395 -6.829 -4.866 -4.453 -3.751 -3.666 -3.034
Estonia General government structural balance National currency Billions

-0.276 -0.290 -1.517 -1.318 -1.301 -1.173 -1.219 -1.057
Estonia General government structural balance Percent of potential GDP

-1.088 -1.061 -5.479 -4.569 -4.297 -3.692 -3.650 -3.014
Estonia General government primary net lending/borrowing National currency Billions

-0.129 -0.114 -1.823 -1.386 -1.344 -1.191 -1.224 -1.064
Estonia General government primary net lending/borrowing Percent of GDP

-0.498 -0.405 -6.840 -4.873 -4.459 -3.755 -3.668 -3.034
Estonia General government net debt National currency Billions

-0.458 -0.580 2.441 3.825 5.167 6.357 7.580 8.644
Estonia General government net debt Percent of GDP

-1.765 -2.062 9.159 13.448 17.137 20.041 22.719 24.649
Estonia General government gross debt National currency Billions

2.152 2.360 4.981 6.364 7.707 8.897 10.120 11.184
Estonia General government gross debt Percent of GDP

8.296 8.396 18.687 22.378 25.560 28.047 30.330 31.890
Estonia Gross domestic product corresponding to fiscal year, current prices National currency Billions

25.938 28.112 26.652 28.440 30.153 31.721 33.366 35.070
Estonia Current account balance U.S. dollars Billions

0.610 0.832 1.219 0.699 0.374 -0.040 -0.042 -0.044
Estonia Current account balance Percent of GDP

1.992 2.643 4.000 2.000 1.000 -0.100 -0.100 -0.100
Country Subject Descriptor Units Scale Country/Series-specific Notes 2018 2019 2020 2021 2022 2023 2024 2025 Estimates Start After
Estonia Gross domestic product, constant prices National currency Billions Source: National Statistics Office Latest actual data: 2019 Notes: Data from 2003 onwards reflect methodological revisions. National accounts manual used: European System of Accounts (ESA) 2010 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2015 Chain-weighted: Yes, from 2010 Primary domestic currency: Euro Data last updated: 09/2020 23.609 24.789 23.500 24.557 25.466 26.281 27.069 27.882 2019
Estonia Gross domestic product, constant prices Percent change See notes for: Gross domestic product, constant prices (National currency). 4.355 4.996 -5.200 4.500 3.700 3.200 3.000 3.000 2019
Estonia Gross domestic product, current prices National currency Billions Source: National Statistics Office Latest actual data: 2019 Notes: Data from 2003 onwards reflect methodological revisions. National accounts manual used: European System of Accounts (ESA) 2010 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2015 Chain-weighted: Yes, from 2010 Primary domestic currency: Euro Data last updated: 09/2020 25.938 28.112 26.652 28.440 30.153 31.721 33.366 35.070 2019
Estonia Gross domestic product, current prices U.S. dollars Billions See notes for: Gross domestic product, current prices (National currency). 30.645 31.475 30.468 34.973 37.448 39.592 41.718 43.849 2019
Estonia Gross domestic product, current prices Purchasing power parity; international dollars Billions See notes for: Gross domestic product, current prices (National currency). 47.776 51.059 49.087 52.429 55.336 58.142 61.031 64.093 2019
Estonia Gross domestic product, deflator Index See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency). 109.862 113.407 113.414 115.809 118.403 120.701 123.260 125.781 2019
Estonia Gross domestic product per capita, constant prices National currency Units See notes for: Gross domestic product, constant prices (National currency) Population (Persons). 17,859.145 18,711.214 17,729.137 18,522.000 19,207.650 19,828.387 20,435.150 21,065.161 2019
Estonia Gross domestic product per capita, constant prices Purchasing power parity; 2017 international dollar Units See notes for: Gross domestic product, constant prices (National currency) Population (Persons). 35,292.537 36,976.362 35,035.621 36,602.446 37,957.399 39,184.076 40,383.137 41,628.140 2019
Estonia Gross domestic product per capita, current prices National currency Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 19,620.326 21,219.773 20,107.273 21,450.075 22,742.396 23,933.083 25,188.341 26,495.879 2019
Estonia Gross domestic product per capita, current prices U.S. dollars Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 23,181.220 23,757.617 22,985.858 26,377.577 28,245.303 29,871.398 31,493.962 33,128.826 2019
Estonia Gross domestic product per capita, current prices Purchasing power parity; international dollars Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 36,139.901 38,540.113 37,032.823 39,543.700 41,737.059 43,866.734 46,073.597 48,423.563 2019
Estonia Output gap in percent of potential GDP Percent of potential GDP See notes for: Gross domestic product, constant prices (National currency). 2.266 2.952 -3.729 -1.428 n/a n/a n/a n/a 2019
Estonia Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent See notes for: Gross domestic product, current prices (National currency). 0.037 0.038 0.038 0.037 0.037 0.037 0.037 0.037 2019
Estonia Implied PPP conversion rate National currency per current international dollar See notes for: Gross domestic product, current prices (National currency). 0.543 0.551 0.543 0.542 0.545 0.546 0.547 0.547 2019
Estonia Total investment Percent of GDP Source: National Statistics Office Latest actual data: 2019 Notes: Data from 2003 onwards reflect methodological revisions. National accounts manual used: European System of Accounts (ESA) 2010 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2015 Chain-weighted: Yes, from 2010 Primary domestic currency: Euro Data last updated: 09/2020 26.749 27.692 25.237 26.308 27.766 29.369 30.996 32.231 2019
Estonia Gross national savings Percent of GDP Source: National Statistics Office Latest actual data: 2019 Notes: Data from 2003 onwards reflect methodological revisions. National accounts manual used: European System of Accounts (ESA) 2010 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2015 Chain-weighted: Yes, from 2010 Primary domestic currency: Euro Data last updated: 09/2020 28.741 30.335 29.236 28.308 28.766 29.269 30.896 32.131 2019
Estonia Inflation, average consumer prices Index Source: National Statistics Office Latest actual data: 2019 Harmonized prices: Yes Frequency of source data: Monthly Base year: 2015 Primary domestic currency: Euro Data last updated: 09/2020 108.045 110.496 110.717 112.267 114.737 117.146 119.372 121.640 2019
Estonia Inflation, average consumer prices Percent change See notes for: Inflation, average consumer prices (Index). 3.412 2.268 0.200 1.400 2.200 2.100 1.900 1.900 2019
Estonia Inflation, end of period consumer prices Index Source: National Statistics Office Latest actual data: 2019 Harmonized prices: Yes Frequency of source data: Monthly Base year: 2015 Primary domestic currency: Euro Data last updated: 09/2020 108.640 110.590 110.811 112.363 114.835 117.246 119.474 121.744 2019
Estonia Inflation, end of period consumer prices Percent change See notes for: Inflation, end of period consumer prices (Index). 3.319 1.795 0.200 1.400 2.200 2.100 1.900 1.900 2019
Estonia Volume of imports of goods and services Percent change Source: Central Bank and Statistics of Estonia Latest actual data: 2019 Base year: 2015. Chain-weighted volumes Methodology used to derive volumes: Other Formula used to derive volumes: Chain-weighted volumes Chain-weighted: Yes, from 1995 Trade System: General trade Oil coverage: the oil and non-oil decomposition in real terms are based on WEO provided prices Valuation of exports: Free on board (FOB) Valuation of imports: Cost, insurance, freight (CIF) Primary domestic currency: Euro Data last updated: 09/2020 5.694 3.730 -11.456 8.471 6.716 5.866 5.000 4.500 2019
Estonia Volume of Imports of goods Percent change Source: Central Bank and Statistics of Estonia Latest actual data: 2019 Base year: 2015. Chain-weighted volumes Methodology used to derive volumes: Other Formula used to derive volumes: Chain-weighted volumes Chain-weighted: Yes, from 1995 Trade System: General trade Oil coverage: the oil and non-oil decomposition in real terms are based on WEO provided prices Valuation of exports: Free on board (FOB) Valuation of imports: Cost, insurance, freight (CIF) Primary domestic currency: Euro Data last updated: 09/2020 4.767 2.594 -9.500 8.000 6.000 5.500 5.000 4.500 2019
Estonia Volume of exports of goods and services Percent change Source: Central Bank and Statistics of Estonia Latest actual data: 2019 Base year: 2015. Chain-weighted volumes Methodology used to derive volumes: Other Formula used to derive volumes: Chain-weighted volumes Chain-weighted: Yes, from 1995 Trade System: General trade Oil coverage: the oil and non-oil decomposition in real terms are based on WEO provided prices Valuation of exports: Free on board (FOB) Valuation of imports: Cost, insurance, freight (CIF) Primary domestic currency: Euro Data last updated: 09/2020 4.008 6.231 -8.817 6.958 4.841 3.594 3.000 3.000 2019
Estonia Volume of exports of goods Percent change Source: Central Bank and Statistics of Estonia Latest actual data: 2019 Base year: 2015. Chain-weighted volumes Methodology used to derive volumes: Other Formula used to derive volumes: Chain-weighted volumes Chain-weighted: Yes, from 1995 Trade System: General trade Oil coverage: the oil and non-oil decomposition in real terms are based on WEO provided prices Valuation of exports: Free on board (FOB) Valuation of imports: Cost, insurance, freight (CIF) Primary domestic currency: Euro Data last updated: 09/2020 2.746 6.210 -5.000 6.000 3.800 3.594 3.000 3.000 2019
Estonia Unemployment rate Percent of total labor force Source: National Statistics Office Latest actual data: 2019 Employment type: Harmonized ILO definition Primary domestic currency: Euro Data last updated: 09/2020 5.371 4.448 7.800 6.109 5.000 4.966 4.966 4.966 2019
Estonia Employment Persons Millions Source: National Statistics Office Latest actual data: 2019 Employment type: Harmonized ILO definition Primary domestic currency: Euro Data last updated: 09/2020 0.665 0.671 0.647 0.667 n/a n/a n/a n/a 2019
Estonia Population Persons Millions Source: National Statistics Office Latest actual data: 2019 Primary domestic currency: Euro Data last updated: 09/2020 1.322 1.325 1.325 1.326 1.326 1.325 1.325 1.324 2019
Estonia General government revenue National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 10.026 10.849 9.042 10.804 11.538 12.413 13.011 13.884 2019
Estonia General government revenue Percent of GDP See notes for: General government revenue (National currency). 38.655 38.590 33.927 37.989 38.266 39.132 38.994 39.589 2019
Estonia General government total expenditure National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 10.146 10.960 10.862 12.188 12.881 13.603 14.234 14.948 2019
Estonia General government total expenditure Percent of GDP See notes for: General government total expenditure (National currency). 39.118 38.985 40.757 42.854 42.719 42.883 42.660 42.623 2019
Estonia General government net lending/borrowing National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 -0.120 -0.111 -1.820 -1.384 -1.343 -1.190 -1.223 -1.064 2019
Estonia General government net lending/borrowing Percent of GDP See notes for: General government net lending/borrowing (National currency). -0.463 -0.395 -6.829 -4.866 -4.453 -3.751 -3.666 -3.034 2019
Estonia General government structural balance National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 -0.276 -0.290 -1.517 -1.318 -1.301 -1.173 -1.219 -1.057 2019
Estonia General government structural balance Percent of potential GDP See notes for: General government structural balance (National currency). -1.088 -1.061 -5.479 -4.569 -4.297 -3.692 -3.650 -3.014 2019
Estonia General government primary net lending/borrowing National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 -0.129 -0.114 -1.823 -1.386 -1.344 -1.191 -1.224 -1.064 2019
Estonia General government primary net lending/borrowing Percent of GDP See notes for: General government primary net lending/borrowing (National currency). -0.498 -0.405 -6.840 -4.873 -4.459 -3.755 -3.668 -3.034 2019
Estonia General government net debt National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 -0.458 -0.580 2.441 3.825 5.167 6.357 7.580 8.644 2019
Estonia General government net debt Percent of GDP See notes for: General government net debt (National currency). -1.765 -2.062 9.159 13.448 17.137 20.041 22.719 24.649 2019
Estonia General government gross debt National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 2.152 2.360 4.981 6.364 7.707 8.897 10.120 11.184 2019
Estonia General government gross debt Percent of GDP See notes for: General government gross debt (National currency). 8.296 8.396 18.687 22.378 25.560 28.047 30.330 31.890 2019
Estonia Gross domestic product corresponding to fiscal year, current prices National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2019 Notes: gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: The forecast incorporates the authorities’ approved supplementary budget for 2020, adjusted for newly available information and for Staff’s macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: Hybrid of 1986 and 2001 manuals used Basis of recording: Cash General government includes: Central Government; Local Government; Social Security Funds; Valuation of public debt: Nominal value. This is the format of data provided by the authorities. Primary domestic currency: Euro Data last updated: 09/2020 25.938 28.112 26.652 28.440 30.153 31.721 33.366 35.070 2019
Estonia Current account balance U.S. dollars Billions Source: Central Bank Latest actual data: 2019 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Euro Data last updated: 09/2020 0.610 0.832 1.219 0.699 0.374 -0.040 -0.042 -0.044 2019
Estonia Current account balance Percent of GDP See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars). 1.992 2.643 4.000 2.000 1.000 -0.100 -0.100 -0.100 2019
International Monetary Fund, World Economic Outlook Database October 2020
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