Republic of Estonia: Staff Report for the 2005 Article IV Consultation

November 4, 2005

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Republic of Estonia: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed September 18, 2024

Summary

The staff report for the 2005 Article IV Consultation on the Republic of Estonia focuses on the economic outlook and risks. Robust economic growth continues, largely driven by domestic demand. Estonia has achieved significant nominal convergence; meeting all of the Maastricht criteria, save for inflation. Estonia’s banking system remains financially sound, with strong profitability continuing despite increased competition. It is important for Estonia to maintain the high degree of market flexibility that has been achieved.

Subject: Balance of payments, Current account, Current account deficits, External debt, Inflation, Prices, Public debt

Keywords: Authorities consent, Baltics, CR, Criterion, Current account, Current account deficit, Current account deficits, Headline inflation, Headline inflation inflation rate, IMF staff estimate, Inflation, ISCR, Maastricht criterion, Product market flexibility

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/394
Stock No:

1ESTEA2005001
ISBN:

9781451812497
ISSN:

1934-7685

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