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 Jul 2021 -970.79M EUR
Consumer Prices (View all 1)
Estonia Consumer Price Index Aug 2021 115.86 0.69%
Estonia Inflation Rate Aug 2021 5.00% 2.04%
Employment (View all 1)
Estonia Unemployment Rate Jul 2021 6.50% -1.52%
Estonia Youth Unemployment Rate Aug 2021 19.20% 2.67%
Energy (View all 1)
Estonia Petroleum Products Demand Aug 2021 122.00K mt -3.17%
Monetary (View all 1)
Estonia TARGET Transactions Value Sep 2021 17.10B EUR 52.68%
Sentiment Surveys (View all 1)
Estonia Consumer Confidence Indicator Sep 2021 -1.60
Estonia Economic Sentiment Indicator Sep 2021 110.60 3.36%
View and sort all 680 Estonia Indicators



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