Gross Capital Formation (USD) rose 15.373577399705% to USD 6,935 bil in Estonia in 2017

Gross Capital Formation (USD) (USD bil)
Economy | Estonia | May 17, 2019
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Gross capital formation reached 6,935 USD bil in 2017 in Estonia, according to the National Statistical Office. This is 15.4 % more than in the previous year.

Historically, gross capital formation in Estonia reached an all time high of 8,737 USD bil in 2007 and an all time low of 1,099 USD bil in 1993. When compared to Estonia's main peers, gross capital formation in Finland amounted to 57,088 USD bil, 6,784 USD bil in Latvia, 8,490 USD bil in Lithuania and 381,523 USD bil in Russia in 2017.

Estonia has been ranked 98th within the group of 158 countries we follow in terms of gross capital formation, 17 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.

Gross Capital Formation (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia USD bil 368,287 426,749 437,637 390,420 352,682
Belarus USD bil 22,985 23,052 30,120 38,927 18,324
China USD bil 3,611,038 4,043,534 4,552,648 4,927,524 5,023,456
Estonia USD bil 5,817 6,704 6,764 7,133 5,711
Finland USD bil 64,338 57,828 57,823 57,101 48,636
Germany USD bil 792,030 684,229 732,198 765,533 650,399
Indonesia USD bil 294,540 321,912 308,719 308,225 293,231
Japan USD bil 1,361,002 1,405,302 1,195,658 1,160,030 1,055,028
Latvia USD bil 7,105 7,360 7,348 7,105 5,995
Lithuania USD bil 9,442 8,301 9,034 9,232 8,557
New Zealand USD bil 34,440 36,863 41,995 46,082 41,533
Papua New Guinea USD bil ... ... ... ... ... ... ... ... ...
Russia USD bil 501,523 542,487 531,324 458,974 305,640
USA USD bil 2,969,181 3,242,785 3,426,416 3,640,773 3,833,475