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Estonia: Exports of goods and services (% of GDP)

In , Estonia's Exports of goods and services (% of GDP) was 75.67.

That's down 2.7% from 2023, the highest value since .

The global average for this indicator in 2024 was 44.26 . Estonia ranks #18 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #8 of 49.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Estonia Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
87.43
Trough
60.86
1-year change
-2.7%
5-year change
+5.1%
+1.0% / yr
10-year change
-6.1%
-0.6% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
75.6695
77.7747
87.4299
79.6159
68.1546
72.0192
72.9005
74.3056
75.4769
76.0345

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Estonia's Exports of goods and services (% of GDP) in 2024?
In 2024, Estonia's Exports of goods and services (% of GDP) was 75.67, according to World Bank Open Data.
Is Estonia's Exports of goods and services (% of GDP) rising or falling?
Estonia's Exports of goods and services (% of GDP) fell 2.7% from 2023 to 2024.
How does Estonia rank globally on Exports of goods and services (% of GDP)?
In 2024, Estonia ranked #18 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Estonia's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Estonia is above the world average. Within Europe & Central Asia, it ranks #8 of 49.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.