Estonia, a member of the EU since 2004 and the euro zone since 2011, has a modern market-based economy and one of the higher per capita income levels in Central Europe and the Baltic region, but its economy is highly dependent on trade, leaving it vulnerable to external shocks. Estonia's successive governments have pursued a free market, pro-business economic agenda, and sound fiscal policies that have resulted in balanced budgets and the lowest debt-to-GDP ratio in the EU. The economy benefits from strong electronics and telecommunications sectors and strong trade ties with...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Private Consumption | 2020 Q3 | 3,321 | 3,001 | Mil. EUR, NSA | Quarterly |
Real Private Consumption | 2020 Q3 | 2,993 | 2,722 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Nominal Gross Domestic Product | 2020 Q3 | 6,883 | 6,415 | Mil. EUR, WDASA | Quarterly |
Real Government Consumption | 2020 Q3 | 1,082 | 1,109 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2020 Q3 | 1,975 | 1,609 | Mil. EUR, NSA | Quarterly |
Government Consumption | 2020 Q3 | 1,403 | 1,409 | Mil. EUR, NSA | Quarterly |
Real Investment | 2020 Q3 | 1,999 | 1,457 | Mil. Ch. 2015 EUR, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2020 Q3 | 1,803 | 1,485 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Real Gross Domestic Product | 2020 Q3 | 6,014 | 5,825 | Mil. Ch. 2015 EUR, WDASA | Quarterly |
Investment | 2020 Q3 | 2,168 | 1,556 | Mil. EUR, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Feb 2021 | 215.71 | 213.88 | 1997=100, NSA | Monthly |
Producer Price Index (PPI) | Jan 2021 | 113.32 | 112.37 | 2010=100, NSA | Monthly |
Wholesale Price Index | 2016 | 106.56 | 107.29 | Index 2010 = 100 | Annual |
Labor | Reference | Last | Previous | Units | Frequency |
Labor Force Employment | 2020 Q4 | 659.5 | 652.7 | Ths. #, NSA | Quarterly |
Labor Force | 2020 Q4 | 712.5 | 707 | Ths. #, NSA | Quarterly |
Unemployment | 2020 Q4 | 53.1 | 54.3 | Ths. #, NSA | Quarterly |
Unemployment Rate | 2020 Q4 | 7.4 | 7.7 | %, NSA | Quarterly |
Wage & Salaries | 2020 Q3 | 3,487 | 3,315 | Mil. EUR, SA | Quarterly |
Tertiary Industries Employment | 2019 | 457.3 | 445.8 | Ths. # | Annual |
Primary Industries Employment | 2019 | 21.3 | 21.9 | Ths. # | Annual |
Secondary Industries Employment | 2019 | 192.7 | 197.1 | Ths. # | Annual |
Agriculture Employment | 2017 | 26,896 | 27,028 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods | Dec 2020 | 1,343 | 1,330 | Mil. EUR, NSA | Monthly |
Imports of Goods | Dec 2020 | 1,474 | 1,392 | Mil. EUR, NSA | Monthly |
Balance of Goods | Dec 2020 | -130.7 | -61.7 | Mil. EUR, NSA | Monthly |
Current Account Balance | 2020 Q3 | -139.4 | 352.1 | Mil. EUR, NSA | Quarterly |
Exports of Goods and Services | 2020 Q3 | 4,673 | 4,154 | Mil. EUR, NSA | Quarterly |
Real Exports of Goods and Services | 2020 Q3 | 4,505 | 4,019 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Net Exports | 2020 Q3 | -111.8 | 316.43 | Mil. EUR, SA | Quarterly |
Imports of Goods and Services | 2020 Q3 | 4,734 | 3,784 | Mil. EUR, NSA | Quarterly |
Real Net Exports | 2020 Q3 | -94.88 | 240.98 | Mil. Ch. 2015 EUR, SA | Quarterly |
Real Imports of Goods and Services | 2020 Q3 | 4,580 | 3,740 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt - Foreign | 2020 Q3 | 4,236 | 4,282 | Mil. EUR, NSA | Quarterly |
Gross External Debt | 2020 Q3 | 24,009 | 24,161 | Mil. EUR, NSA | Quarterly |
Outstanding Public Debt | 2020 Q3 | 5,067 | 5,091 | Mil. EUR, NSA | Quarterly |
Government Expenditures | 2020 Q3 | 2,971 | 3,091 | Mil. EUR, NSA | Quarterly |
Government Revenues | 2020 Q3 | 2,892 | 2,623 | Mil. EUR, NSA | Quarterly |
Government Budget Balance | 2020 Q3 | -79.2 | -468 | Mil. EUR, NSA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Stock Market Index | 04 Mar 2021 | 1,461 | 1,476 | Index June 4 1996=100, NSA | Business Daily |
Money Market Rate | Dec 2020 | -0.47 | -0.47 | %, NSA | Monthly |
Business Lending Rate | Jun 2017 | 3.19 | 4.34 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Residential Building Permits | 2020 Q4 | 1,605 | 3,338 | #, NSA | Quarterly |
Building Completions | 2020 Q4 | 1,810 | 1,900 | #, NSA | Quarterly |
Building Permits | 2020 Q4 | 1,422 | 3,259 | #, SA | Quarterly |
House Price Index | 2020 Q3 | 205.09 | 201.08 | Index 2010=100, SA | Quarterly |
Residential Building Completions | 2019 | 7,014 | 6,472 | # | Annual |
Non-residential Building Completions | 2019 | 1,410 | 1,000 | # | Annual |
Dwelling Stocks | 2019 | 7 | 6.5 | Ths. # | Annual |
Non-residential Building Permits | 2009 | 29.03 | # | Annual | |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Feb 2021 | -16.9 | -18.7 | SA | Monthly |
Retail Sales | 2020 Q4 | 1,944 | 1,880 | Mil. EUR, NSA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2021 Q1 | 71.6 | 69.6 | %, SA | Quarterly |
Business Confidence | Feb 2021 | 2.2 | 3.3 | SA | Monthly |
Industrial Production | Dec 2020 | 108.4 | 112.3 | Vol. Index 2015=100, NSA | Monthly |
Change in Inventories | 2020 Q3 | 183.03 | -7.31 | Mil. EUR, NSA | Quarterly |
Real Change in Inventories | 2020 Q3 | 169.69 | 11.88 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Births | Jan 2021 | 947 | 950 | #, NSA | Monthly |
Population | 2020 | 1,328,976 | 1,324,820 | # | Annual |
Deaths | Dec 2019 | 1,376 | 1,229 | #, NSA | Monthly |
Net Migration | 2017 | -4,999 | # | Annual | |
Birth Rate | 2016 | 10.7 | # per Ths. pop. | Annual | |
Death Rate | 2011 | 11.5 | # per Ths. pop. | Annual |