BEST BANKS 2014: EUROPE

BEST BANKS 2014: EUROPE

The region battled continuing recession or, at best, slow growth, a tightening regulatory environment and country-specific banking taxes or fines for past misdemeanors.

 
 
Source
Central bank

Bank of Estonia

International Reserves

US$ 207.116 million (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 22.296 billion (2011 estimate)

GDP (Purchasing Power Parity)

28.224 billion of International dollars (2011 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
7.5% 7.9% 7.6% 7.2% 9.4% 10.6% 6.9% -3.7%
2009 2010 2011 2012*        
-14.3% 2.3% 7.6% 2%        

*Estimate

GDP per capita - current prices

US$ 16,637 (2011 estimate)

GDP per capita - PPP

$21,060 International Dollars (2011 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 0.03% 0.03% 0.03%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 2.6% 
  • industry: 29.2% 
  • services: 68.2% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

1.62% (2010)

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
-0.1%(2008) 2.9% 5.1% 3.9%

*Estimate

Unemployment rate
2009 2010 2011 2012*
13.8% 17.3% 12.5%(2009) 11.3%

*Estimate

Household saving rates

5.6% (Net saving; 2012 forecast)

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
4.5% 7.2% 6.7% 6% 5.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-2.3% -2.1% 0.4% 1% -2.1%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: AA-

Moody's rating: A1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$2.654 billion US$2.26 billion US$1.611 billion
Largest companies in Estonia

N/A