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.