wiiw Current Analyses and Forecasts

Estonia: Nordic anaemia strains growth prospects


Sebastian Leitner

in: Double-dip Recession over, yet no Boom in Sight
wiiw Current Analyses and Forecasts No. 11, March 2013 , pp. 69-70

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Sluggish demand developments in the Scandinavian neighbourhood reduce the growth expectations for the Estonian economy for 2013. Public investment in transport and energy infrastructure trig- gered the revival in 2012 but will be reduced this year and thereafter. The improving situation on the labour market has allowed real wages to grow and will thus bolster household consumption devel- opments in 2013 and 2014.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Estonia