GDP in Estonia
Estonia - GDP
Economy expands in Q3
According to a flash estimate issued by Statistics Estonia (SE) on 14 November, the Baltic economy edged up from 0.8% growth in Q2 to 1.1% in Q3. According to SE’s preliminary estimates, growth was driven by an expansion in industry and exports.
In seasonally- and working-day adjusted terms, GDP increased 0.2% quarter-on-quarter in the third quarter, which marked a softer expansion than the 0.3% increase observed in the second quarter. More detailed data for national accounts will be released on 9 December.
The Central Bank expects GDP growth to reach 1.8% in 2016 and 2.9% in 2017. Analysts polled by FocusEconomics foresee the economy growing 1.6% in 2016, which is unchanged from last month’s estimate. In 2017, economic growth is expected to grow 2.4%, which is also unchanged from last month’s forecast.
Estonia - GDP Data
|Economic Growth (GDP, annual variation in %)||7.6||5.2||1.6||2.9||1.1|
5 years of economic forecasts for more than 30 economic indicators.
Estonia GDP Chart
Source: Statistics Estonia.
|Exchange Rate||1.09||-0.16 %||Mar 28|
|Stock Market||1,126||0.03 %||Mar 28|
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March 15, 2017
Consumer prices rose 1.3% in February compared to the previous month, coming in above the 0.4% increase observed in January.
February 7, 2017
Consumer prices rose 0.4% in January compared to the previous month, mirroring December’s reading.
February 3, 2017
According to Statistics Estonia, industrial production expanded a working-day adjusted 6.7% over the same month last year in January, which followed the revised 9.5% increase registered in December (previously reported: +10.0% month-on-month).
January 31, 2017
According to Statistics Estonia, industrial production expanded a working-day adjusted 10.0% over the same month last year in December, which came in above the 9.5% increase registered in November and marked the largest expansion since December 2014.
January 16, 2017
Consumer prices rose 0.4% in December, coming in above November’s 0.1% increase.