wiiw Forecast Reports

ESTONIA: Will the tide come in again?


Sebastian Leitner

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

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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