Real GDP growth rate (chain-linked volume)

Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.

Real GDP growth rate (annual) -6.9 %
2ND QUARTER 2020
Real GDP growth rate (quarterly) -0.2 %
2ND QUARTER 2020
Real GDP growth rate (quarterly, seasonally adjusted) -5.6 %
2ND QUARTER 2020
GDP chain-linked volume (reference year 2015) | 2007 - 2019
GDP chain-linked volume (reference year 2015) | 2015 - 2019
Unit: million euros
2015 2016 2017 2018 2019
Sesoonselt ja tööpäevade arvuga korrigeerimata 20 782,2 21 444,7 22 624,0 23 609,4 24 789,0
Sesoonselt ja tööpäevade arvuga korrigeeritud 20 816,5 21 470,0 22 588,5 23 571,3 24 727,8

Source data in the statistics database: RAA0012 Source data in the statistics database: RAA0061 Source data in the statistics database: RAA0042