Domestic Demand in Estonia
Estonia's economy recorded average domestic demand growth of 3.9% in the decade to 2022, significantly above the 1.3% average for the Euro Area. In 2022, domestic demand growth was 0.9%.
Estonia Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Estonia from 2014 to 2023.
Source: Macrobond.
Estonia Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | 2.7 | -0.7 | 7.8 | 0.1 | -1.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Estonian demand projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Estonian demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Estonian demand projections.
Want to get access to the full dataset of Estonian demand forecasts? Send an email to info@focus-economics.com.