wiiw Forecast Reports
ESTONIA: Waiting for Scandinavian neighbours to revive
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in: Investment to the Rescue
wiiw Forecast Report No. Spring 2014, March 2014 , pp. 45-46
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ESTONIA
The end of stagnation in Northern Europe will allow the Estonian GDP to grow by 2.6% in 2014. Strong increases in real wages coupled with still substantial employment growth will further support the upswing. A stronger revival in private and public investment activity should lift GDP growth to 3% in 2015 and 3.2% in 2016.
The end of stagnation in Northern Europe will allow the Estonian GDP to grow by 2.6% in 2014. Strong increases in real wages coupled with still substantial employment growth will further support the upswing. A stronger revival in private and public investment activity should lift GDP growth to 3% in 2015 and 3.2% in 2016.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Estonia