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Economy of Estonia vs Jordan compared: GDP & Debt

Updated on by Georank

Estonia has a GDP of $47B compared to $61.6B for Jordan, ranking 101/197 and 90/197 by economy size, respectively.

Estonia has $11.4B in government debt (24.2% of GDP), compared to $51B (82.8% of GDP) in Jordan.

Estonia vs Jordan GDP by year

Estonia
Jordan
1x
Year GDP, current $
Estonia Jordan
2025 $47,030,833,799 $61,610,052,535
2024 $43,130,419,829 $58,618,380,563
2023 $41,470,344,395 $56,123,472,113
2022 $38,226,641,740 $53,516,930,141
2021 $37,201,101,171 $50,702,940,986
2020 $31,820,771,494 $47,931,770,986
2019 $31,873,748,770 $48,640,273,803
2018 $31,222,632,741 $47,435,850,423
2017 $27,469,461,919 $45,535,614,366
2016 $24,561,027,788 $43,688,498,732
2015 $23,311,847,751 $42,394,049,296
2014 $27,055,689,003 $40,535,098,592
2013 $25,451,032,781 $37,873,362,958
2012 $23,237,406,116 $34,854,017,887
2011 $23,303,915,795 $32,640,291,549
2010 $19,524,355,419 $30,202,773,521
2009 $19,633,984,440 $27,462,496,197
2008 $24,342,935,404 $25,651,620,831
2007 $22,450,264,166 $17,110,437,236
2006 $17,025,671,810 $15,056,981,664
2005 $14,109,491,357 $12,588,998,590
2004 $12,148,595,031 $11,411,706,629
2003 $9,876,595,528 $10,195,627,645
2002 $7,370,119,619 $9,582,510,578
2001 $6,250,218,423 $8,975,814,653
2000 $5,686,579,748 $8,460,789,845
1999 $5,756,912,266 $8,149,929,478
1998 $5,674,080,543 $7,912,270,804
1997 $5,154,420,649 $7,245,839,210
1996 $4,786,018,988 $6,927,503,526
1995 $4,502,970,889 $6,727,597,032
1994 $4,123,011,420 $6,236,295,978
1993 $4,013,091,682 $5,606,400,222
1992 - $5,310,833,194
1991 - $4,344,467,193
1990 - $4,160,087,508
1989 - $4,221,373,674
1988 - $6,277,451,829
1987 - $6,756,209,762
1986 - $6,402,050,485
1985 - $4,993,601,520
1984 - $4,967,162,160
1983 - $4,920,692,191
1982 - $4,681,240,993
1981 - $4,383,944,703
1980 - $3,910,044,474
1979 - $3,271,368,781
1978 - $2,602,208,589
1977 - $2,096,778,602
1976 - $1,708,521,219
1975 - $1,363,073,498
1974 - $1,197,483,949
1973 - $943,783,840
1972 - $788,479,685
1971 - $678,159,729
1970 - $639,519,744
1969 - $698,879,720
1968 - $561,119,776
1967 - $631,679,747
1966 - $657,999,737
1965 - $599,759,760

Data sources: World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

GDP per capita in Estonia vs Jordan by year

Estonia
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Estonia Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $34,418 - $5,348 -
2024 $31,428 $49,969 $5,074 $10,821
2023 $30,264 $48,637 $4,906 $10,412
2022 $28,340 $48,218 $4,754 $9,927
2021 $27,951 $44,252 $4,582 $9,182
2020 $23,934 $40,672 $4,411 $9,579
2019 $24,021 $40,586 $4,558 $9,429
2018 $23,618 $37,121 $4,534 $9,042
2017 $20,852 $34,507 $4,449 $9,266
2016 $18,666 $31,948 $4,366 $8,748
2015 $17,722 $29,713 $4,442 $8,967
2014 $20,582 $29,404 $4,611 $9,145
2013 $19,310 $27,831 $4,739 $9,817
2012 $17,568 $26,243 $4,594 $9,739
2011 $17,556 $24,652 $4,363 $9,632
2010 $14,664 $21,614 $4,139 $9,417
2009 $14,712 $20,489 $3,845 $9,291
2008 $18,206 $22,804 $3,670 $8,983
2007 $16,745 $22,201 $2,506 $8,416
2006 $12,641 $19,344 $2,343 $8,046
2005 $10,415 $16,638 $2,088 $7,697
2004 $8,916 $14,538 $1,940 $7,074
2003 $7,205 $13,135 $1,776 $6,500
2002 $5,343 $11,667 $1,706 $6,256
2001 $4,503 $10,309 $1,632 $5,948
2000 $4,071 $9,425 $1,571 $5,641
1999 $4,141 $8,412 $1,545 $5,402
1998 $4,093 $8,451 $1,532 $5,264
1997 $3,683 $7,980 $1,436 $5,171
1996 $3,381 $6,892 $1,410 $5,055
1995 $3,134 $6,480 $1,416 $5,027
1994 $2,819 $5,967 $1,367 $4,830
1993 $2,686 $5,814 $1,289 $4,726
1992 - $5,872 $1,287 $4,654
1991 - $7,151 $1,110 $4,195
1990 - $7,481 $1,149 $4,317
1989 - - $1,260 -
1988 - - $1,966 -
1987 - - $2,217 -
1986 - - $2,200 -
1985 - - $1,797 -
1984 - - $1,871 -
1983 - - $1,939 -
1982 - - $1,929 -
1981 - - $1,885 -
1980 - - $1,750 -
1979 - - $1,519 -
1978 - - $1,249 -
1977 - - $1,039 -
1976 - - $873 -
1975 - - $718 -
1974 - - $651 -
1973 - - $531 -
1972 - - $460 -
1971 - - $412 -
1970 - - $409 -
1969 - - $474 -
1968 - - $409 -
1967 - - $497 -
1966 - - $558 -
1965 - - $546 -

Data sources: World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

Estonia's GDP per capita is $34,418, ranking 37/197, compared to $5,348 in Jordan, ranking 120/197. Adjusted for purchasing power (GDP per capita PPP), Estonia ranks 45th at $49,969, while Jordan ranks 131st at $10,821.

Economic indicators

Estonia Jordan
Gross domestic product
$47B
2025
$61.6B
2025
GDP rank
101/197
2025
90/197
2025
GDP growth
0.58%
2024-2025
2.83%
2024-2025
GDP per capita
$34,418
2025
$5,348
2025
GDP per capita rank
37/197
2025
120/197
2025
GDP per capita, PPP
$49,969
2024
$10,821
2024
GDP per capita PPP rank
45/197
2024
131/197
2024
Government debt
$11.4B
2025
$51B
2025
Debt-to-GDP ratio
24.2%
2025
82.8%
2025
Government debt per person
$8,325
2025
$4,430
2025
Government debt per person rank
67/185
2025
91/185
2025
Average annual personal income after taxes
$23,647
2026
$4,506
2026
Market capitalization of domestic companies n/a
$37.4B
2025
Number of billionaires
2
2026
n/a
Income share by richest 10%
23.7%
2023
27.4%
2010
Income share by poorest 10%
3.1%
2023
3.5%
2010
Government expenditure, % of GDP
45.2%
2025
33.7%
2025
Consumer prices inflation
4.83%
2024-2025
1.77%
2024-2025
Central bank interest rate n/a
5.75%
2025
Unemployment rate
7.5%
2025
16.8%
2024
Population
1347027
11538682

Spending and national debt comparison by year

Estonia
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Estonia Jordan
Government spending Government debt Government spending Government debt
2025 45.2% 24.2% 33.7% 82.8%
2024 43.6% 23.5% 34.6% 82.1%
2023 43.5% 20.2% 33.9% 81%
2022 40.1% 19.2% 32.8% 80.7%
2021 42.1% 18.4% 33.8% 79.9%
2020 44.7% 19.1% 33% 77.9%
2019 39.1% 9.05% 32.7% 69.4%
2018 38.8% 8.51% 33.3% 67.9%
2017 38.9% 9.43% 31.7% 69.1%
2016 38.9% 10.2% 30% 70.7%
2015 39.3% 10.8% 32.3% 71.4%
2014 37.6% 11.6% 36.3% 68.2%
2013 38.3% 11.4% 34.5% 68.8%
2012 39.4% 11.1% 28.3% 64%
2011 37.6% 7.6% 29.3% 56.1%
2010 40.7% 7.99% 26.6% 53.4%
2009 46.1% 7.98% 30.7% 51.8%
2008 39.5% 4.67% 29.6% 47.9%
2007 33.8% 3.91% 32.4% 58.2%
2006 33.5% 4.72% 34% 60%
2005 33.7% 4.73% 36.6% 66.1%
2004 34.1% 5.16% 35.1% 73.8%
2003 35% 5.6% 35% 80.4%
2002 35.9% 5.66% 31.6% 85.9%
2001 35.3% 4.93% 30.6% 85.5%
2000 36.4% 5.11% 31.2% 89.9%
1999 40.7% 5.93% 31.8% 98.7%
1998 38.9% 5.4% 32.3% 96.3%
1997 35.8% 6.03% 30.7% 94.7%
1996 38.6% 7.3% 32.6% 101.2%
1995 39.5% 8.66% 32.1% 102.4%
1994 - - 30.6% 112.1%
1993 - - 32.5% 122.1%
1992 - - 31.7% 134.7%
1991 - - 39.6% 180.5%
1990 - - 39.9% 197.7%
1989 - - 42.5% 195.4%
1988 - - 44.3% 129.3%
1987 - - 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

In 2025, Estonia's government spending was $21.3B, accounting for 45.2% of its GDP, while Jordan spent $20.8B, or 33.7% of GDP.

Debt-to-GDP ratio is 24.2% in Estonia and 82.8% in Jordan, ranking 168/185 and 39/185, respectively.

Government deficit by year

Deficit/surplus
Estonia

Jordan
1x
Year Deficit/surplus, % of GDP
Estonia Jordan
2025 -1.33% -6.35%
2024 -1.54% -7.27%
2023 -3.07% -6.49%
2022 -1.08% -4.9%
2021 -2.57% -6.62%
2020 -5.42% -7.56%
2019 -0.11% -5.06%
2018 -1.15% -4.23%
2017 -1.07% -3.22%
2016 -0.62% -2.62%
2015 -0.24% -5.18%
2014 0.42% -6.75%
2013 -0.66% -8.78%
2012 -0.86% -3.33%
2011 0.09% -1.21%
2010 -1.09% 0.19%
2009 -3.43% -2.28%
2008 -2.92% 1.92%
2007 2.5% 2.76%
2006 2.71% -1.86%
2005 1.07% -2.2%
2004 2.29% 0.56%
2003 1.67% -1.6%
2002 0.29% -3.21%
2001 0.4% -1.13%
2000 -0.11% -1.85%
1999 -3.42% -1.13%
1998 0.65% -5.59%
1997 2.98% -2.68%
1996 -0.93% -2.69%
1995 -0.26% -1.45%
1994 - -1.67%
1993 - -1.43%
1992 - 2.07%
1991 - -8.1%
1990 - -6.82%
1989 - -6.89%
1988 - -13%
1987 - -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

In 2025, Estonia's government deficit, the difference between spending and revenue, was $626M, equivalent to 1.33% of GDP. This compares to Jordan's deficit of $3.91B, or 6.35% of GDP.

Over the past 31 years, Estonia recorded a fiscal deficit in 20 of those years, while Jordan ran a deficit in 27 years. On average, Estonia posted an annual deficit equal to 0.54% of GDP, compared to deficit of 3.28% of GDP for Jordan.

Inflation comparison by year

Inflation
Estonia

Jordan
1x
Year Consumer prices inflation
Estonia Jordan
2025 4.83% 1.77%
2024 3.52% 1.56%
2023 9.16% 2.08%
2022 19.4% 4.23%
2021 4.65% 1.35%
2020 -0.44% 0.33%
2019 2.28% 0.76%
2018 3.44% 4.46%
2017 3.42% 3.32%
2016 0.15% -0.78%
2015 -0.49% -0.88%
2014 -0.11% 2.9%
2013 2.78% 4.82%
2012 3.93% 4.52%
2011 4.98% 4.16%
2010 2.97% 4.85%
2009 -0.08% -0.74%
2008 10.4% 14%
2007 6.6% 4.74%
2006 4.44% 6.25%
2005 4.08% 3.49%
2004 3.05% 3.36%
2003 1.33% 1.63%
2002 3.57% 1.83%
2001 5.75% 1.77%
2000 4.02% 0.67%
1999 3.3% 0.61%
1998 8.21% 3.09%
1997 10.6% 3.04%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

Over the past 29 years, Estonia has recorded an average annual inflation rate of 4.47%, compared with 2.87% in Jordan. In 2025, inflation was 4.83% in Estonia and 1.77% in Jordan.

Top exports between countries

Estonia
Export category Export value
Machinery & equipment $1.33M
Raw agricultural goods $798K
Raw materials & minerals $770K
Processed food, beverages & tobacco $387K
Chemicals & pharma $222K
Wood & paper products $113K
Metals $98K
Textiles & consumer goods $38K
Jordan
Export category Export value
Raw materials & minerals $161K
Miscellaneous $22K
Chemicals & pharma $14K
Processed food, beverages & tobacco $9K
Wood & paper products $4K
Machinery & equipment $2K

Balance of trade

Estonia Jordan
Current account balance
-$70M
2025
-$3.13B
2024
Current account balance ranking
79/190
2025
152/190
2024
Current account balance, % of GDP
-0.15%
2025
-5.33%
2024
Goods imports
$24.4B
2025
$23.9B
2024
Goods exports
$21.2B
2025
$13.3B
2024
Service imports
$12B
2025
$6.5B
2024
Service exports
$15.6B
2025
$9.45B
2024
Imports of goods and services, % of GDP
77.4%
2025
57.1%
2024
Exports of goods and services, % of GDP
78.4%
2025
42.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Estonia Jordan
Economic freedom 78.7 59.3
Economic freedom ranking 10/197 104/197
Property rights 93.6 52.3
Government integrity 86.3 51
Judicial effectiveness 92.4 44
Tax burden 77.9 84.1
Government spending 46 67.2
Fiscal health 93.1 5.2
Business freedom 82.8 62.7
Labor freedom 59 51.3
Monetary freedom 73.9 81.2
Trade freedom 79.4 82
Investment freedom 90 70
Financial freedom 70 60

Economic freedom comparison by year

Estonia
Jordan
1x
Year Economic freedom index
Estonia Jordan
2026 78.7 59.3
2025 78.9 59.4
2024 77.8 58.3
2023 78.6 58.8
2022 80 60.1
2021 78.2 64.6
2020 77.7 66
2019 76.6 66.5
2018 78.8 64.9
2017 79.1 66.7
2016 77.2 68.3
2015 76.8 69.3
2014 75.9 69.2
2013 75.3 70.4
2012 73.2 69.9
2011 75.2 68.9
2010 74.7 66.1
2009 76.4 65.4
2008 77.9 64.1
2007 78 64.5
2006 74.9 63.7
2005 75.2 66.7
2004 77.4 66.1
2003 77.7 65.3
2002 77.6 66.2
2001 76.1 68.3
2000 69.9 67.5
1999 73.8 67.4
1998 72.5 66.8
1997 69.1 63.6
1996 65.4 60.8
1995 65.2 62.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

The Economic Freedom Index for Estonia is 78.7, ranking 10/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Estonia Jordan
Services, % of GDP
65.8%
2025
56.8%
2025
Industry, % of GDP
19.7%
2025
27.4%
2025
Agriculture, forestry, and fishing, % of GDP
1.65%
2025
5.56%
2025
GNI, Atlas method
$44.2B
2025
$60.6B
2025
GNI per capita, PPP
$51,370
2025
$12,440
2025
Total reserves including gold
$2.44B
2025
$26.6B
2025
Total reserves ranking
124/177
2025
61/177
2025
Net foreign direct investment
$814M
2025
-$1.58B
2024
Net inflows of foreign direct investment
-$3.44B
2024
$1.63B
2024
Net outflows of foreign direct investment
-$3.72B
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI n/a
7.85%
2024
Poverty at national poverty lines
22.5%
2022
14.2%
2020
Gross capital formation, % of GDP
24.8%
2025
23%
2021

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/estonia/jordan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.