Table 1. The most important indicators of the Estonian economy, between 1994 and 1998

 

1994

1995

1996

1997

1998

1. Gross domestic product

 

 

 

 

 

   1.1. GDP (current prices, EEK mn)

29,644.7

40,705.1

52,445.9

64,912.7

73,200.0(1)

   1.2. Real growth of GDP (%)

-2.0

4.3

4.0

11.4

 

2. Industrial sales compared to the previous year
(at constant prices of the previous year; %)

...

2.0

3.5

13.0

0.8

3. Investments to capital assets (current prices; EEK mn)

6,843.4

8,760.7

12,117.4

11,159.5

15,879.3

4. Prices (growth compared to previous year; %)

 

 

 

 

 

   4.1. Consumer price index

47.7

29.0

23.1

11.2

8.2

   4.2. Producer price index

36.3

25.6

14.8

8.8

3.9

   4.3. Export price index

...

15.2

11.4

7.5

2.1

   4.4. Estonian kroon real effective exchange rate
(REER) index

11.8

18.6

9.7

3.3

10.3

5. Government sector budget (EEK mn)

 

 

 

 

 

   5.1. revenue and subsidies

...

...

20,332.3

25,989.5

27,979.7

   5.2. expenditures and net loans

...

...

21,343.7

24,579.8

28,219.4

   5.3. balance (+/-)

...

...

-1,011.4

1,409.7

-239.7

6. Employment and unemployment rate (based on the Labour
Force Survey)

 

 

 

 

 

   6.1. Employment rate (employed persons/working-age
population; %)

64.8

61.8

61.3

58.8

58.3(2)

   6.2. Unemployment rate (unemployed/labour force, by
methodology of ILO; %)

7.6

9.7

10.0

9.7

9.6(2)

7. Nominal and real wage (monthly average, EEK)

 

 

 

 

 

   7.1. nominal wage (gross)

1,734

2,375

2,985

3,573

4,100

   7.2. real wage compared to January 1994

1,433

1,527

1,553

1,672

1,773

8. Disposable income per household member (monthly
average, EEK)(3)

 

 

 

 

 

   8.1. nominal net income

926

1,158

1,512

1,858

2,151

   8.2. real net income compared to January 1994

761

742

786

869

941

9. Economic inequality

 

 

 

 

 

   9.1. Gini coefficient

0.379

0.359

0.372

0.327

0.354

   9.2. income decile X / decile I

12.8

11.9

13.9

7.1

8.9

10. Foreign trade (EEK mn)

 

 

 

 

 

   10.1. special export

15,628

19,009

21,247

31,607

37,538

   10.2. special import

20,102

27,425

34,667

48 855

55,205

   10.3. balance

-4,474

-8,416

-13,420

-17,248

-17,668

   10.4. balance / exports

-0.29

-0.44

-0.63

-0.55

-0.47

11. Balance sheet

 

 

 

 

 

   11.1. current account deficit against GDP (%)

0.9

-4.4

-9.2

-12.0

-8.7(1)

   11.2. direct investments' inflow (EEK mn)

2,152.9

2,312.9

1,814.4

3,694.1

7,941.9

   11.3. direct investments' outflow (EEK mn)

-82.1

-29.1

-484.5

-1,912.9

-70.8

12. International investment position (as of end of year)

 

 

 

 

 

   12.1. net investment position (EEK mn)

...

...

...

-24,547.0

-29,048.1

   12.2. net external debt (% to GDP)

...

...

...

-15.0

-16.0

            o/w government sector (% to GDP)

...

...

...

-3.7

-2.5

13. Population growth (monthly average)

 

 

 

 

 

   13.1. births (live)

1,182

1,130

1,108

1,049

1,016

   13.2. deaths

1,846

1,739

1,585

1,548

1,620

   13.3. natural increase of the population

-664

-609

-477

-498

-604

(1) Estimation
(2) 2nd quarter of 1998
(3) Data of 1994 by EMOR. from 1995 to 1998 by the State Statistical Office. whereas from 1996 to 1998 the cost of household internally produced and consumed products is included in income.