Natalja Viilmann Economist at Eesti Pank

Weakening global economic activity, the spread of protectionism, general uncertainty and obstacles to demand growth in important trading partners for Estonia all threatened seriously the outlook for Estonian exports in the first... more

The labour market review by experts from Eesti Pank covers developments in the supply, demand and prices of labour in Estonia. The central bank observes the labour market for two reasons. Firstly, labour is an important production input, as a change in the supply or activity of labour can... more
      Natalja Viilmann Economist at Eesti Pankt

Data from the balance of payments show that Estonia’s exports of goods and services were 6.6% more in the last quarter of 2018 than in the last quarter of 2017. Growth slowed at the end of last year in the exports... more

Natalja Viilmann Economist at Eesti Pank

Data from Statistics Estonia put the yearly growth in the average gross wage at 8.9% in the final quarter of last year. This was mainly because of special bonuses, which were one third larger than a year earlier. Wage growth continues... more

  Orsolya Soosaar and Natalja Viilmann Economists at Eesti Pank

The long-awaited acceleration in economic growth materialised in the second half of 2014, but unfortunately labour productivity grew more slowly than in the first half of the year. Growth accelerated mainly as... more

  Natalja Viilmann and Jaanika Meriküll Eesti Pank Economists

Exports of Estonian goods and services grew faster in 2000-2013 than global exports as a whole in both current and constant prices, meaning that Estonian exports managed to gain market share during those years.... more

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