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According to Statistics Estonia, in 2010 the gross domestic product (GDP) increased by 3.1% compared to the previous year. The GDP began to grow compared to the previous year gradually since the 2nd quarter and in the 4th quarter the GDP increased by 6.7% according to the first estimates.
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According to Statistics Estonia, in 2009 the gross domestic product (GDP) decreased by 14.1% compared to the previous year. The biggest downfall was in the 2nd quarter when the GDP decreased by 16.1%. After that, the decrease gradually decelerated. In the 4th quarter, the GDP decreased by 9.5% according to the first estimates.
Vigorous exports in manufacturing contributed to the economic growth in the 3rd quarter
Date 09.12.2010
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According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.0% in the 3rd quarter of 2010 compared to the same period of the previous year.
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