Fiscal Balance in Estonia

Estonia Fiscal Balance | Economic News & Forecasts

Estonia - Fiscal Balance

Growth momentum appears to have weakened in the final quarter of last year after the economy picked up steam in the third quarter. The economic sentiment indicator weakened, on average, in Q4 compared to Q3, amid a broad-based deterioration led by slumping confidence in the industrial, retail trade and services sectors. This signaled that industrial output will have contracted for the seventh consecutive month in December, while retail sales likely decelerated further in the same month after growing at the weakest pace in nearly a year in November. On the external front, growth dynamics were similarly downbeat: Merchandise exports slumped at the sharpest pace in over four years in November against a backdrop of faltering global and intra-EU trade.

Estonia - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)0.7  0.1  -0.5  -0.8  -0.6  

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Estonia Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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