The Estonian central bank forecasts GDP growth of 1.5% this year

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The central bank has already reported that the central bank estimated that Estonia’s economic growth would exceed 9% at current prices this year, but that real GDP growth would be close to zero or even slow slightly due to inflation.

According to the latest forecasts, inflation in Estonia will be 15.1% this year, it will fall to 4.3% next year, and 1.8% is expected in 2024.

The Bank of Estonia also estimates that the unemployment rate will be 5.6% this year, 6.8% next year, and 6.6% in 2024.

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