Executive Board
Board Discussions
on the Republic of Estonia:

January 9, 2017
May 3, 2013
January 31, 2011
January 6, 2010
March 2, 2009

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2017  2018
Real GDP 2.5 2.8
Consumer Prices 3.2 2.5
Source: World Economic Outlook (April 2017)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Estonia: Financial Position in the Fund

Transactions with the Fund

Central Bank
Bank of Estonia

Finance Ministry
Ministry of Finance

IMF and Euro Area

Regional Office for Central Europe and Baltics

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Republic of Estonia and the IMF
Updated April 20, 2017

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IMF Survey Online
May 10, 2015 -- IMF Survey : Central, Eastern and Southeastern Europe: Mind the Credit Gap
Countries in Central, Eastern, and Southeastern Europe (CESEE) are facing mixed economic fortunes, according to a new report on the region. In addition to the legacies of the crisis, external forces are at play: the oil price, the strength of the euro area recovery, and geopolitical tensions.<b> </b>
May 08, 2014 -- IMF Survey : Baltic Countries See Strong Growth, but Pitfalls Remain
The Baltic economies performed well in the last two decades relative to other transition and emerging market economies, but they face common obstacles to continued strong economic growth.
December 19, 2013 -- IMF Survey : Conference Probes Links Between Nordic-Baltic Banks
The central banks of Estonia and Sweden and the IMF hosted a conference on “Nordic-Baltic Financial Linkages and Challenges” in Tallinn, Estonia, where policymakers and bank executives examined financial integration and cross-border collaboration in light of the euro area’s nascent banking union.
June 11, 2012 -- IMF Survey: Latvia's Successful Recovery Not Easy to Replicate
While Latvia’s recovery sets an example for other European governments struggling to reduce national debt and get out of recession, the country—as well as Baltic neighbors Lithuania and Estonia—still needs to make structural changes, a conference in Riga, Latvia hears.
February 18, 2010 -- IMF Survey: After Severe Recession, Stabilization in Latvia
Latvia has suffered one of the deepest recessions in the world. But an international support package helped the country through the worst of the crisis, and recovery is projected for late 2010. IMF Latvia mission chief Mark Griffiths looks at the Baltic state’s prospects.
December 10, 2009 -- IMF Survey: 'Baltic Tiger' Plots Comeback
Even though Estonia is battling falling output and rising unemployment, the east European country’s government is confident it can ride out the global economic crisis. So confident, in fact, that it announces it is close to meeting all the criteria for adopting the euro.
April 15, 2009 -- IMF Survey: Inflexible Budget Curbs Options as Estonia Faces Recession
Estonia is experiencing a severe economic downturn brought on by mounting internal and external imbalances, and worsened by the global slowdown. The task for policymakers now is to reestablish the basis for balanced economic growth, external sustainability, and adoption of the euro.