wiiw Forecast Reports
ESTONIA: Will the tide come in again?
publication_icon
in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 59-60
ESTONIA
In Estonia the prospects facing exporters are slim where the neighbouring countries to the east and the north are concerned. Household consumption provides life support to GDP growth estimated at 1.7% for 2014, while the current account deficit remains low at 1.6% of GDP. The government’s hesitant expenditure policy will result in a budget close to balance.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Estonia