Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Estonia

Gross capital formation (% of GDP) in Estonia in 2025 — 24.8%. Ranked 48 in the world out of 131. Since 1993, the indicator has fallen by 1.1 pp.

2025 24.8% +0.3 pp vs 2024
World rank 48of 131
Period maximum 40%2007
Period minimum 21%2009

Trend over time

1993–2025 · % of GDP

Gross capital formation (% of GDP) — Estonia, 1993–20252025303540451993199720012005200920132017202120251993: 26%1994: 26.8%1995: 26.4%1996: 27.5%1997: 30.7%1998: 31.6%1999: 25.9%2000: 28.5%2001: 29.6%2002: 32.9%2003: 35.2%2004: 34.6%2005: 33.4%2006: 39.8%2007: 40%2008: 31.6%2009: 21%2010: 21.6%2011: 25.5%2012: 29.1%2013: 26.9%2014: 26.7%2015: 24.6%2016: 24.7%2017: 25.9%2018: 27.9%2019: 26.4%2020: 29.7%2021: 30.9%2022: 27.9%2023: 25.1%2024: 24.6%2025: 24.8%
Change over the period: −1.1 pp Annual average: -0.04 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Estonia

Estonia 24.8%
Northern Europe computed 21.3%
Gross capital formation (% of GDP) — Estonia, by year Estonia All countries CSV XLSX
Year % Change, pp
2025 24.8 +0.3 pp
2024 24.6 −0.6 pp
2023 25.1 −2.8 pp
2022 27.9 −3 pp
2021 30.9 +1.3 pp
2020 29.7 +3.3 pp
2019 26.4 −1.5 pp
2018 27.9 +1.9 pp
2017 25.9 +1.2 pp
2016 24.7 +0.1 pp
2015 24.6 −2.1 pp
2014 26.7 −0.1 pp
2013 26.9 −2.2 pp
2012 29.1 +3.6 pp
2011 25.5 +3.9 pp
2010 21.6 +0.6 pp
2009 21 −10.6 pp
2008 31.6 −8.4 pp
2007 40 +0.2 pp
2006 39.8 +6.5 pp
2005 33.4 −1.3 pp
2004 34.6 −0.5 pp
2003 35.2 +2.3 pp
2002 32.9 +3.3 pp
2001 29.6 +1.1 pp
2000 28.5 +2.6 pp
1999 25.9 −5.7 pp
1998 31.6 +0.9 pp
1997 30.7 +3.2 pp
1996 27.5 +1.1 pp
1995 26.4 −0.4 pp
1994 26.8 +0.8 pp
1993 26

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.