Estonia Economy

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Estonia has a modern market-based economy and one of the highest per capita income levels in Central Europe. Estonia's government has pursued a free market, pro-business economic agenda and has largely succeeded. The economy benefits from strong electronics and telecommunications sectors. The economy fell sharply into a recession in 2008 with its GDP contracting by 14.3% in 2009. However, Estonia now has the highest GDP growth rate in Europe with a GDP of $27.02 billion according to 2011 estimates, putting it at 111th in the world.

Major Estonia Indicators

Period Value % Chg Prev
Central Banks (View all 1)
Estonia Balance With Eurosystem/Target Oct 2017 98.66M EUR 2.57%
Consumer Prices (View all 1)
Estonia Consumer Price Index Oct 2017 105.16 -0.38%
Estonia Inflation Rate Oct 2017 4.00% 2.56%
Economic Activity Indexes (View all 1)
Estonia Economic Freedom Index 2017 79.10 2.46%
Employment (View all 1)
Estonia Unemployment Rate Sep 2017 5.80% 5.45%
Estonia Youth Unemployment Rate Sep 2017 12.00% 5.26%
Energy (View all 1)
Estonia Petroleum Products Demand Sep 2017 96.00K mt -7.69%
Monetary (View all 2)
Estonia TARGET Transactions Dec 2015 0.00 EUR
Sentiment Surveys (View all 1)
Estonia Consumer Confidence Indicator Nov 2017 -0.90 200.0%
Estonia Economic Sentiment Indicator Nov 2017 108.20 1.31%
View and sort all 731 Estonia Indicators



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