GDP

International Internet Magazine. Baltic States news & analytics Saturday, 20.09.2014, 12:55

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EBRD cuts Estonia's and Latvia’s economic growth forecasts

EBRD cuts Estonia's and Latvia’s economic growth forecasts

19.09.2014

In its fresh economic report made public on Thursday, the European Bank for Reconstruction and Development (EBRD) reduced Estonia's economic growth forecast by one percentage point compared to the spring forecast, to 1%, LETA/Postimees Online reports.

Keyword tags: Analytics, Economics, EU – Baltic States, GDP



Estonian government reaches agreement on 8.5 bln euro state budget for 2015

Estonian government reaches agreement on 8.5 bln euro state budget for 2015

17.09.2014

At the Tuesday cabinet meeting, the Estonian government reached an agreement on next year's state budget revenue and expenditure – the state budget volume is 8.5 billion euros, and the government sector has a 0.8% of GDP structural surplus, reported LETA the government communications unit.

Estonian budgetary council warns that structural surplus can be smaller than expected in 2014-2015

Estonian budgetary council warns that structural surplus can be smaller than expected in 2014-2015

16.09.2014

According to the calculations of the Estonian Budgetary Council, there is a high risk in the years 2014-2015 that the government estimates the actual structural budget surplus to be bigger than it really is, LETA/Public Broadcasting reports.


Eesti Pank: corrected GDP is more in line with other economic figures

Eesti Pank: corrected GDP is more in line with other economic figures

11.09.2014

Estonian central bank Eesti Pank reported that corrected GDP announced by Statistics Estonia this week is more in line with other economic figures, informs LETA.

New methodology: economy of Estonia grew by 2.4% in Q2

New methodology: economy of Estonia grew by 2.4% in Q2

08.09.2014

According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.4% in the 2nd quarter of 2014 compared to the 2ndquarter of the previous year.

08.09.2014

Bank of Lithuania projects 2.9% GDP growth in 2014

Private consumption, which has been growing more quickly than was expected, and investment will continue to be the main driving force of Lithuania's economy; however, poorer export development, particularly due to the trade restriction with Russia, will lead to slower economic development than was previously projected, reports LETA/ELTA.

08.09.2014

The methodology for calculating the GDP changed in Estonia

Statistics Estonia revised the national accounts time series from 2000 onwards. Ensuing from all the corrections, the annual gross domestic product (GDP) at current prices changed, on average, by 1% in 2000–2013.

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