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Estonia: Economic Growth Reached 3.2%

Published: March 13, 2013; 10:39 · (Vindobona)

According to the second estimates of Statistics Estonia, in 2012 the gross domestic product (GDP) increased by 3.2% compared to the previous year.

Estonia: Economic Growth Reached 3.2% / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

In the 4th quarter of 2012 compared to the same quarter of 2011, the GDP grew by 3.7%. In 2012, the GDP at current prices was17.0 billion Euros.

In the first three quarters of 2012, the GDP growth was mainly driven by construction. The increase of the construction market was driven by repair and reconstruction works of buildings and civil engineering. This growth is caused by…

This article includes a total of 1016 words.

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