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Foreign Trade In Services (As % of GDP) rose 18.5% to 48.7% in Estonia in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | Estonia | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP rose 18.5% to 48.7% in Estonia in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in Estonia reached an all time high of 48.7% in 2021 and an all time low of 15.1% in 1993. When compared to Estonia's main peers, foreign trade in services as a share of GDP in Finland amounted to 23.3%, 26.0% in Latvia, 38.6% in Lithuania and 7.40% in Russia in 2021.

Estonia has been ranked 10th within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP, 4 places above the position seen 10 years ago.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia % 8.78% 10.00% 10.1% 10.0% 10.3%
Belarus % 19.7% 23.6% 23.3% 23.7% 24.1%
China % 5.90% 5.79% 5.56% 5.46% 5.25%
Estonia % 43.0% 43.3% 43.5% 44.0% 44.5%
Finland % 22.1% 22.4% 23.2% 24.4% 26.4%
Germany % 17.3% 17.6% 18.2% 18.4% 18.8%
Indonesia % 6.17% 5.77% 5.71% 6.61% 6.34%
Japan % 7.68% 7.24% 7.70% 7.89% 8.37%
Latvia % 27.3% 28.0% 28.7% 28.6% 28.5%
Lithuania % 27.6% 29.5% 32.4% 34.4% 38.4%
New Zealand % 15.3% 15.2% 15.2% 15.7% 15.8%
Papua New Guinea % 6.83% 5.76% 8.33% 8.37% ... ... ...
Russia % 10.3% 9.81% 9.30% 9.62% 9.48%
USA % 6.96% 6.94% 7.12% 6.97% 6.94%