Republic of Estonia: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Republic of Estonia

Publication Date: May 08, 2014
Electronic Access: Free Full text (PDF file size is 1,038KB).
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Summary: This 2014 Article IV Consultation highlights that in 2013, Estonia’s recovery from the crisis continued but at a slower pace. Real GDP growth was 0.8 percent, with private consumption providing the main support, although net exports made a negative contribution. Inflation declined to about 3½ percent, but stayed above the euro average. Public finances remained strong, with a fiscal deficit of 0.2 percent of GDP and a gross public debt of 10 percent of GDP. Real GDP growth is projected at 2.4 percent in 2014, rising toward expected potential growth of 3 to 3.5 percent in the medium term.
Series: Country Report No. 14/112
Subject(s): Article IV consultation reports | Fiscal policy | Budgets | Labor markets | Unemployment | Banking sector | Bank supervision | Economic indicators | Staff Reports | Press releases | Estonia | Housing prices

Publication Date: May 08, 2014
ISBN/ISSN: 9781484373118/1934-7685 Format: Paper
Stock No: 1ESTEA2014001 Pages: 46
US$18.00 (Academic Rate:
US$18.00 )
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