The Estonian economy advanced 0.4 percent on quarter in the three months to September of 2018, slowing from a 1.4 percent expansion in the second quarter. GDP Growth Rate in Estonia averaged 1.01 percent from 1995 until 2018, reaching an all time high of 4.80 percent in the first quarter of 2004 and a record low of -9.10 percent in the fourth quarter of 2008.
GDP Growth Rate in Estonia is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Estonia to stand at 0.70 in 12 months time. In the long-term, the Estonia GDP Growth Rate is projected to trend around 0.40 percent in 2020, according to our econometric models.