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Estonia - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
12.732  
13.850  
Real GDP growth (constant prices)
7.0 % 
6.0 %
GDP per capita (USD)
9423.774  
10251.600  
Inflation rate
3.9 % 
2.8 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 7.0   9.1   10.8  
Real GDP growth (constant prices) 7.2 % 5.1 % 6.2 %
GDP per capita (USD) 4588   4841   517  
Inflation rate 3.6 % 1.3 % 3.0 %
Unemployment rate 10.3%   10%   ..  
External debt (USD billion) 5   7   ..  
Estonian Kroon rate on 12/31 (1 US$)   14.931781   12.468133   11.558346  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 5.0%   4.5%   4.4%  
Industry and mining 28.1%   28.5%     29.3%  
Services 67.0%   67.0%     66.3%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 284   891   926   64 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 4.6   6.2   7.9  
Export of goods (f.o.b) 3.5   4.6   6.0  
Trade balance -1.1   -1.6   -2.0  
Balance of payments -0.7   -1.2   -1.4  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 155.3%   158.0%   159.2%  
Share of imports in GDP 81.2%   83.0%   82.9%  
Share of exports in GDP 74.1%   75.0%   76.2%  
Imports of goods and services (percent change) 3.7%   11.0%   -3.5%  
Exports of goods and services (percent change) 0.9%   5.7%   6.6%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     6.2     4.6    
Agricultural raw materials 3%   8%  
Food products 11%   11%  
Hydrocarbons 6%   4%  
Manufactured products (chemicals, machines,...) 78%   74%  
Ores and metals 2%   3%  
Other goods 0%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 1   2  
Transport 38%   45%  
Tourisme 24%   31%  
Other services (insurance, financial services, telecommunications,...) 38%   24%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Finland   22.7%  
Sweden   15.3%  
Germany   8.4%  
Latvia   7.8%  
Russian Federation   6%  

Main suppliers
(% of imports)
2004
Finland   14.7%  
Germany   12.2%  
Russian Federation   10.3%  
Sweden   8.4%  
China   4.8%  
Source : COMTRADE


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Last modified in October 2005
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