Fiscal Balance in Estonia

Estonia Fiscal Balance | Economic News & Forecasts

Estonia - Fiscal Balance

Growth hit an over one-year high in the first quarter. Fixed investment spearheaded the overall expansion, on surging investment by non-financial companies, while public spending growth reached an over decade high. Household consumption, however, cooled despite growing wages, amid an increasing propensity to save as well as lower spending on utility bills due to a warmer winter. On the external front, exports growth lost some stride, chiefly due to cooling demand from top trading partners in the Eurozone, weighing on the current account surplus in Q1. Turning to the second quarter, incoming data signals a slight loss of momentum: Both consumer and business sentiment dipped in April, although they regained ground in May, while industrial output contracted in the first month of Q2.

Estonia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-0.2  0.7  0.1  -0.3  -0.4  

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Estonia Facts

Exchange Rate1.130.65 %Jul 11
Stock Market1,276-0.38 %Jul 11

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