The European Commission forecasts Estonia's economic growth next year at 1.1%. Moreover, by the end of 2024, a decrease of 1% is expected, which informs ERR.EE .
The European Commission's forecast is more pessimistic than in the spring, when European commissioners predicted a decrease in Estonia's GDP by 0.5% this year, but growth by 3.1% next year. The reason is the reduction in consumption and the decline in exports.
Real GDP is expected to return to growth in 2025 due to a moderate recovery in consumption and investment, as well as stronger external demand, which will be facilitated by stronger economic growth from key trading partners.
In 2026, Estonian GDP should then grow by 2.6%. But inflation in The inflation rate is still high, and it is expected that it will remain at an average of 3.6% in 2024 and the same in 2025, since the Baltic country plans to increase taxes.
The People's Artist of Russia does not intend to end his career even after his 80th birthday
Assaults of Kharkov, Sum and Zaporozhye are meaningless — opinion
Pay attention to the photo: Zheleznyak showed the new commander-in-chief of the Armed Forces of Ukraine?
Kiev suffers without cigarettes after shelling
Lukashenka to officials: If you don't want to work, you will go to guard the border with Ukraine
A political crisis is growing in Hungary due to the actions of the new prime minister