Estonia Still Among Most Growing EU Countries

BusinessEconomy ♦ Published: February 11, 2013; 13:51 ♦ (Vindobona)

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 3.7% in the 4th quarter of 2012 compared to the same quarter of the previous year.

Estonia Still Among Most Growing EU Countries / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

The annual GDP growth in 2012 was 3.2% compared to the previous year.

The seasonally and working-day adjusted GDP increased by 0.9% compared to the 3rd quarter and by 3.4% compared to the 4th quarter of 2011.

In the 4th quarter, the biggest contributor to economic growth was the increase in value added in information and communication, trade and transport.…