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The Estonian economy

(USD millions)
2000
2001
2002
2003
2004 (e)
2005 (f)
Economic growth (%)
7.8
6.4
7.2
5.1
5.9
6.0
Inflation (%)
4.0
5.8
3.6
1.3
2.9
3.1
Public sector balance (%GDP)
-0.6
0.4
1.1
2.4
0.2
-0.3
Unemployment rate (%)
13.7
12.6
10.3
10.0
8.1
7.3
Exports
3,311
3,360
3,532
4,603
6,159
6,899
Imports
4,080
4,148
4,621
6,183
7,850
8,716
Trade balance
-768
-789
-1,089
-1,580
-1,691
-1,817
Current account balance
-294
-339
-717
-1,199
-1,201
-1,198
Current account balance (%GDP)
-5.4
-5.7
-10.2
-13.2
-11.0
-9.7
Foreign debt (%GDP)
54.7
55.7
60.2
70.5
69.8
69.4
Debt service (%Exports)
6.5
7.5
9.1
10.7
10.2
10.4
Foreign exchange reserves (in months of imports)
2.1
1.7
1.9
2.0
1.7
1.6

(e) estimated (f) forecast

Source: Cofacerating

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