19.12.2018
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains the forecast for the Estonian economy for the current year and the... more
19.12.2018

The Estonian economy will grow by around 3.5% this year and next, and by 2020 growth will slow to close to 2%. One reason that growth will slow is that fewer people enter  the labour market. Another reason is the problem of competitiveness at companies, which is indicated by a decline in Estonia... more

29.06.2018
The Estonian Competitiveness Report has been published once a year by Eesti Pank since 2013. Competitiveness can be analysed in various ways and so each report considers multiple groups of competitiveness indicators.
22.12.2017
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains the forecast for the Estonian economy for the current year and the... more
07.07.2017
The Estonian Competitiveness Report has been published once a year by Eesti Pank since 2013. Competitiveness can be analysed in various ways and so each report considers multiple groups of competitiveness indicators.
14.06.2017
  • Growth in the economy has picked up sharply as foreign demand has increased and the problems in certain individual sectors have eased
  • Cyclical indicators show the economy is currently growing at a rate that is faster than it can sustain over the long term
  • As growth is... more
30.03.2017
  • A favourable external environment has encouraged Estonian exports and the economy
  • Faster growth will need investment to increase substantially
  • A more stable tax environment would help revive investment and growth
  • Competitiveness depends on the ability of... more
13.12.2016
  • Investment has fallen for three years and this has reduced the potential for growth in the coming years
  • Funding an increase in government spending from a budget deficit may boost growth in the short term, but may harm competitiveness in the long term
  • Improving... more
11.10.2016

Speaking at a conference for industry on Tuesday, Ülo Kaasik said that there have been a series of positive changes in exports in the first half of the year. External markets are growing, albeit slowly, but industrialists are under constant pressure from wages.

“Despite slow economic... more

10.10.2016
Ardo Hansson Governor of Eesti Pank

The annual meeting of the International Monetary Fund (IMF) is being held in Washington this week, and the discussion will focus on the state of the global economy, the main obstacles to faster development, and economic policy... more

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