Estonia-Economic and political outline

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Published: 06 Oct 2008 17:51:03 PST

Economic indicators

GDP Indicators	2004	2005	2006	2007	2008
GDP (billions USD)	11.903	13.938	16.611	20.552	23.268
GDP (constant prices, annual % change)	8.3	10.2	11.2	8	6
GDP per capita (USD)	8809.955	10343.486	12352.93	15309.767	17362.121
General government balance (in % of GDP)
Inflation rate (%)	3	4.1	4.4	6	7
Unemployment rate (% of the labor force)	10.3	10.3
Current Account (billions USD)	10.3	10.3
Current Account (in % of GDP)	-1.462	-1.39	-2.575	-3.466	-3.709

Source: IMF - World Economic Outlook Database

Note: (e) Estimated data

Breakdown of economic activity by sector	Agriculture	Industry	Services
Value added (annual % change)	-7.187594	8.894092	8.324196
Value added (in % of GDP)		28.13	68.06
Employment by sector(in % of total employment)	5.7%	34.6%	59.6%

Source: - last available data.

Foreign trade indicators	2002	2003	2004	2005	2006
Imports of goods (millions USD)	4625.855	6163.977	8002.078	9627.767	12373.58
Exports of goods (millions USD)	3507.867	4597.003	5982.728	7782.971	9635.067
Imports of services (millions USD)	1106.342	1393.039	1755.845	2155.995	2459.699
Exports of services (millions USD)	1705.791	2223.681	2830.09	3155.944	3492.834
Imports of goods and services (annual % change)	5.975546	10.55783	15.18521	15.92462	14.69335
Exports of goods and services (annual % change)	1.659965	7.601833	17.06429	21.46796	9.981402
Trade Balance (millions USD)	-1117.987	-1566.973	-2019.35	-1844.796	-2738.519
Current Account (millions USD)	-779.3412	-1115.383	-1457.591	-1444.907	-2445.784
Foreign trade (in % of GDP)	149.5887	149.8456	159.747	166.0307	149.8456
Imports of goods and services (in % of GDP)	78.48222	78.82442	83.96162	86.0775	89.5284
Exports of goods and services (in % of GDP)	71.10648	71.02119	75.78535	79.95317	79.8202

Source:

To see more products: More imports (Intracen Data)
More exports (Intracen Data)

Economic Organizations: Estonian Statistics
Central Bank of Estonia
Tallin Stock Exchange
Ministries: Ministry of Economic Affairs and Communication
Ministry of Finance
Online newspapers: Eesti EXpress
Postimees (in Estonian)
Search Engines: Estonia Wide Web
Google
Neti
Economic portals: http://www.baltictimes.com/">The Baltic Times

Executive Power
Legislative Power
Main political parties: Estonia has a multi-party system, with numerous parties in which no one party often has a chance of gaining power alone, and thus parties must work with each other to form coalition governments. The major parties in the country are:
Estonian Centre Party :
- left-of-centre liberal,
- Union of Pro Patria and Res Publica : conservative with moderate nationalism,
- Estonian Reform Party : free-market liberal,
- People's Union of Estonia : populist, agrarian.
Current political leaders: President: Toomas Hendrik ILVES (since October 2006) - Estonian social democrat party
Prime Minister: Andrus ANSIP (since mars 2007) - Estonian Reform Party, heading a coalition government
Next election dates: Presidential: Year 2011
State Assembly: Year 2011