IMF Staff Country Reports

Republic of Estonia: Staff Report for the 2005 Article IV Consultation

Publication Date:

November 4, 2005

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The staff report for the 2005 Article IV Consultation on the Republic of Estonia focuses on the economic outlook and risks. Robust economic growth continues, largely driven by domestic demand. Estonia has achieved significant nominal convergence; meeting all of the Maastricht criteria, save for inflation. Estonia’s banking system remains financially sound, with strong profitability continuing despite increased competition. It is important for Estonia to maintain the high degree of market flexibility that has been achieved.

Series:

Country Report No. 2005/394

Subject:

Balance of payments Current account Current account deficits External debt Inflation Prices Public debt