Estonia Economic Snapshot

Estonian living standards have doubled since 2000 and income convergence was steady prior to the pandemic, although per capita GDP and productivity remain below the OECD averages. The economy experienced a severe downturn due to disruptions in trade, weaker export demand, high inflation and tight monetary conditions. With improvements in external demand, growth should start to recover this year. Fiscal policy needs to balance stabilisation of the economy with narrowing the budget deficit. 

• Estonia: Getting back on track to strong, more inclusive and more sustainable growth, blog post
• Press release | Communiqué de presse
• Read the survey and access previous releases

• Access Estonia Projection Data
• Access Economic Outlook Digital Report