The Gross Domestic Product (GDP) in Estonia expanded 0.90 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Estonia averaged 1.01 percent from 1995 until 2019, reaching an all time high of 4.80 percent in the first quarter of 2004 and a record low of -9.10 percent in the fourth quarter of 2008. On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by gross fixed capital formation (25 percent, one of the highest among EU countries) and government expenditure (20 percent). Exports of goods and services account for 84 percent of GDP while imports account for 81 percent, adding 3 percent of total GDP.

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