Gross capital formation in Estonia

Estonia: Gross capital formation was 8.23 billion constant LCU in 2025. ▲ Rising

Latest (2025)
8.23 billion constant LCU
Change on year
up 5.4%
World rank
137th
of 169 countries
All-time high
9.39 billion constant LCU
in 2021
All-time low
1.48 billion constant LCU
in 1993
Years of data
33
1993–2025

Gross capital formation in Estonia, 1993–2025

2.0B4.0B6.0B8.0B10.0B1993200920251993: 1.5B constant LCU1994: 1.5B constant LCU1995: 1.6B constant LCU1996: 2.0B constant LCU1997: 2.6B constant LCU1998: 3.0B constant LCU1999: 2.6B constant LCU2000: 3.1B constant LCU2001: 3.6B constant LCU2002: 4.4B constant LCU2003: 5.2B constant LCU2004: 5.6B constant LCU2005: 6.0B constant LCU2006: 7.8B constant LCU2007: 8.7B constant LCU2008: 7.0B constant LCU2009: 4.0B constant LCU2010: 4.3B constant LCU2011: 5.6B constant LCU2012: 6.6B constant LCU2013: 6.4B constant LCU2014: 6.7B constant LCU2015: 6.3B constant LCU2016: 6.7B constant LCU2017: 7.6B constant LCU2018: 8.6B constant LCU2019: 8.6B constant LCU2020: 8.3B constant LCU2021: 9.4B constant LCU2022: 8.6B constant LCU2023: 8.0B constant LCU2024: 7.8B constant LCU2025: 8.2B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, gross capital formation in Estonia stood at 8.23 billion constant LCU.

The figure is up 5.4% on the previous year and up 29.8% over ten years.

Over the whole period, gross capital formation in Estonia peaked at 9.39 billion constant LCU in 2021 and was at its lowest, 1.48 billion constant LCU, in 1993.

That places Estonia 137th out of 169 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.11 billion constant LCU 1.48 billion constant LCU 3.01 billion constant LCU 7
2000s 5.55 billion constant LCU 3.11 billion constant LCU 8.74 billion constant LCU 10
2010s 6.75 billion constant LCU 4.34 billion constant LCU 8.62 billion constant LCU 10
2020s 8.38 billion constant LCU 7.81 billion constant LCU 9.39 billion constant LCU 6

Countries ranked near Estonia

  1. 134 El Salvador 8.63 billion constant LCU compare
  2. 135 Latvia 8.53 billion constant LCU compare
  3. 136 Cuba 8.30 billion constant LCU compare
  4. 138 Zimbabwe 6.85 billion constant LCU compare
  5. 139 Greenland 6.51 billion constant LCU compare
  6. 140 Azerbaijan 6.44 billion constant LCU compare

See the full ranking of 169 places →

More economy & growth data for Estonia

All data for Estonia →

Frequently asked questions

What is gross capital formation in Estonia?
Gross capital formation in Estonia was 8.23 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Estonia?
The highest recorded value was 9.39 billion constant LCU in 2021.
What is the lowest gross capital formation recorded in Estonia?
The lowest recorded value was 1.48 billion constant LCU in 1993.
How does Estonia rank for gross capital formation?
Estonia ranks 137th out of 169 countries with data for 2025.
Is gross capital formation rising or falling in Estonia?
Over the last ten years it is up 29.8%. The long-run trend across the full record is rising.
Where does this Estonia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.