wiiw Current Analyses and Forecasts
Estonia: Nordic anaemia strains growth prospects
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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