Estonia: Recent Economic Developments

IMF Staff Country Reports, June 7, 1996

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Estonia: Recent Economic Developments

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Bibliographic details

• Published: June 7, 1996
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451812305.002

Key findings

• After a cumulative decline of almost 30 percent in 1992–93, real GDP is estimated to have increased in 1994.
• The services sector has risen substantially in importance and is now estimated to account for more than 60 percent of GDP.
• Data on the composition of GDP by sector reflect the continuing adjustment of Estonia’s economy to fundamental systemic change and the institutional disruption of former production and trade patterns.

Economic structure and sectors

• Sectoral adjustment:
  • Continuing shift away from former production and trade patterns due to systemic change and institutional disruption.
  • Services sector share: more than 60 percent of GDP.
• Subjects highlighted in the report:
  • Banking, Commercial banks, Financial institutions
  • Economic sectors, Expenditure, Exports, Imports, International trade
  • Foreign direct investment, Privatization

Historical GDP dynamics

• Short-term trajectory:
  • Cumulative decline of almost 30 percent during 1992–93.
  • Estimated recovery: real GDP increased in 1994.

Report scope and metadata (as presented in the report summary)

• Publication title: Estonia: Recent Economic Developments
• Date presented on landing page: June 7, 1996
• Series: Country Report No. 1995/040
• Pages: 60
• Volume: 1995
• DOI: https://doi.org/10.5089/9781451812305.002

International Monetary Fund. "Estonia: Recent Economic Developments", IMF Staff Country Reports 1996, 040 (1995).