Stock market return in Estonia

Estonia: Stock market return was 43.2% in 2021. ◆ Volatile

Latest (2021)
43.2%
Change on year
up 1,506.2%
World rank
9th
of 86 countries
All-time high
173.7%
in 1997
All-time low
-41.4%
in 1998
Years of data
25
1997–2021

Stock market return in Estonia, 1997–2021

-500501001501997200920211997: 173.7 %, year-on-year1998: -41.4 %, year-on-year1999: -35.5 %, year-on-year2000: 31.7 %, year-on-year2001: -8.4 %, year-on-year2002: 33.5 %, year-on-year2003: 39.8 %, year-on-year2004: 41.5 %, year-on-year2005: 72.2 %, year-on-year2006: 10.9 %, year-on-year2007: 32 %, year-on-year2008: -40.4 %, year-on-year2009: -36.2 %, year-on-year2010: 72.6 %, year-on-year2011: 11.7 %, year-on-year2012: -2.4 %, year-on-year2013: 28.4 %, year-on-year2014: -3.4 %, year-on-year2015: 9.5 %, year-on-year2016: 14 %, year-on-year2017: 19.1 %, year-on-year2018: 6.2 %, year-on-year2019: 0.099 %, year-on-year2020: -3.1 %, year-on-year2021: 43.2 %, year-on-year

Source: Bloomberg. Measured in %, year-on-year.

Analysis

In 2021, stock market return in Estonia stood at 43.2%.

That represents a change of up 1,506.2% on the previous year and up 268.5% over ten years.

Over the whole period, stock market return in Estonia peaked at 173.7% in 1997 and was at its lowest, -41.4%, in 1998.

That places Estonia 9th out of 86 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Stock market return in Estonia, year by year

Annual values for Stock market return (%, year-on-year) in Estonia, 1997 to 2021.
Year %, year-on-year Change
1997 173.7%
1998 -41.4% -123.8%
1999 -35.5% -14.1%
2000 31.7% -189.1%
2001 -8.4% -126.4%
2002 33.5% -501.3%
2003 39.8% +18.9%
2004 41.5% +4.2%
2005 72.2% +74.0%
2006 10.9% -84.9%
2007 32.0% +194.3%
2008 -40.4% -226.3%
2009 -36.2% -10.4%
2010 72.6% -300.4%
2011 11.7% -83.9%
2012 -2.4% -120.2%
2013 28.4% -1302.6%
2014 -3.4% -112.0%
2015 9.5% -379.1%
2016 14.0% +46.7%
2017 19.1% +36.6%
2018 6.2% -67.5%
2019 0.1% -98.4%
2020 -3.1% -3207.3%
2021 43.2% -1506.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 32.3% -41.4% 173.7% 3
2000s 17.7% -40.4% 72.2% 10
2010s 15.6% -3.4% 72.6% 10
2020s 20.0% -3.1% 43.2% 2

Countries ranked near Estonia

  1. 6 Viet Nam 46.8% compare
  2. 7 United Arab Emirates 45.4% compare
  3. 8 Lebanon 44.7% compare
  4. 10 Austria 42.3% compare
  5. 11 Luxembourg 42.2% compare
  6. 12 Saudi Arabia 36.7% compare

See the full ranking of 86 places →

More financial sector data for Estonia

All data for Estonia →

Frequently asked questions

What is stock market return in Estonia?
Stock market return in Estonia was 43.2% in 2021, according to Bloomberg.
What is the highest stock market return recorded in Estonia?
The highest recorded value was 173.7% in 1997.
What is the lowest stock market return recorded in Estonia?
The lowest recorded value was -41.4% in 1998.
How does Estonia rank for stock market return?
Estonia ranks 9th out of 86 countries with data for 2021.
Is stock market return rising or falling in Estonia?
Over the last ten years it is up 268.5%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from Bloomberg, published as part of Stock market return (%, year-on-year). Statizoid updates them automatically from the source API.

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Stock market return in Estonia. Statizoid, drawing on Bloomberg. Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/stock-market-return-percent-year-on-year/estonia/

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About this data

Indicator
Stock market return (%, year-on-year)
Unit
%, year-on-year
Source
Bloomberg
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,319 data points, 1984–2021
Last refreshed

Stock market return is the growth rate of annual average stock market index. Annual average stock market index is constructed by taking the average of the daily stock market indexes available at Bloomberg.