Commodity market report
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2 Pages

Estonia economic outlook Q1 2014


Estonia economic outlook Q1 2014

Report summary

The Great Recession halted Estonia’s economic boom, triggering a collapse in asset prices and severe contraction in real GDP. A robust recovery followed, however, momentum slowed greatly post-2011. As a result the economy remains 3% below pre-crisis peak levels and is not expected to recover before 2015. Despite demographic challenges Estonia's long-term growth potential is above the EU28 average.

What's included?

This report includes 1 file(s)

  • Estonia economic outlook Q1 2014 PDF - 256.26 KB 2 Pages, 1 Tables, 0 Figures

Description

This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Economic outlook

In this report there is 1 table or chart, including:

  • Executive summary
    • Executive summary: Table 1
  • Economic outlook
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