As per International Monetary Fund (IMF)
Estonia’s nominal gross domestic product is expected to grow at a CAGR of 5.52%
from it’s 2015 level of Euro 20.252 billion and reach Euro 29.498 billion by
2022.
Estonia, officially the Republic of Estonia,
is a state in the Baltic region of Northern Europe. It is bordered to the north
by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia
at 343 km, and to the east by Lake Peipus and Russia at 338.6 km. Across the
Baltic Sea lies Sweden in the west and Finland in the north. Its capital and
largest is Tallinn.
Estonia had population of 1.312 million in
the year 2016 and expected to reach 1.289 million by 2022. Estonia's around
0.645 million was employed in 2016 and the unemployment rate was 6.911% of
total labor force.
Estonia's real gross domestic product (GDP)
was around Euro 17.747 billions in 2016 whereas the nominal GDP was Euro 20.916
billions. This resulted in GDP deflator 117.86. Per capita GDP was estimated at
USD 17632.70 whereas purchasing power parity (PPP) based per capita GDP was
estimated to be at USD 29312.90.
The output gap for Estonia in 2016 was
negative at 1.085% of the potential GDP. In 2016, Estonia government's revenue
was Euro 8.507 billions whereas the expenditure was Euro 8.45 billions. This
resulted Estonia government's net lending / borrowing at Euro 0.057 billion in
2016 indicating that enough financial resources were made available by the
government to boost economic growth.
The current account balance for Estonia was
estimated to be at USD 0.613 billions for the year 2016 and is expected to
decline at a CAGR of 202.71% and reach USD 0.598 by 2022.
Scope of the Estonia PESTEL
Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Estonia.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Estonia.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Estonia.
- These reports provide risk analysis for Estonia.
For more information and to purchase Estonia SWOT Analysis Market Research
Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/estonia-swot-analysis-market-research-report
For more information and to purchase Estonia Risk Analysis Market Research
Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/estonia-risk-analysis-market-research-report
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