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Country Commercial Guides
FY 2000: Estonia

Report prepared by U.S. Embassy Tallinn,
released July 1999
Note*

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CHAPTER X. ECONOMIC AND TRADE STATISTICS Appendix A: Country Data - Population 1 453 844 - Population growth rate -3.9 - Religion: Lutheran, Orthodox, other - Government system: Republic - Language: Estonian - Work week: Five-day work week Appendix B: Domestic Economy 

Domestic Economy in USD millions
				1996		1997	 	1998
			    								(estimate)

- GDP				4354.32		4615.27 	5202	
- GDP growth rate		4.0		10.6		4.0
- Inflation per cent		23.1		11.2		8.2
- Unemployment per cent		10.0		9.7		9.6
- Foreign exchange reserve			
- Average exchange rate for 
USD 1.00			12.034		13.867		14.074

Note: Exchange rates used:

- 1996 - 1US$ = 12.034 EEK
- 1997 - 1US$ = 13.867 EEK
- 1998 - 1US$ = 14.074 EEK

Appendix C:  Trade

USD millions
			1996		1997		1998

Total country exports	2079.4		2932.3		3361.5
Total country imports	3231.4		4442.9		4967.7

U.S. exports		 74.4	 	165.2	 	221.7	
U.S. imports		  45.9	 	 53.8	  	 62.2	 
    
Appendix D:  Investment Statistics

STOCK OF FOREIGN DIRECT INVESTMENT INTO ESTONIA 
PER CAPITA, 1996, 1997, 1998 - NINE MONTHS

Year 	FDI 	Population	FDI per capita
mil	US$	Mill		US$

1996	150.8	   1.5		   100.5

1997	266.1	   1.5		    177.4

1998	358.4	   1.5		    239.0


STOCK OF FOREIGN DIRECT INVESTMENT IN ESTONIA (THOUSAND OF EEKs) as 
of 30.09.98.

Country				Stock		%	Position

Finland				6 426 978	30	 1
Sweden				5 761 904	27	 2
United States of America	1 286 919	 6	 3
Denmark				  974 816	 4	 4
Norway				  916 847	 4	 5
Liechtenstein			  772 970	 4	 6
United Kingdom			  765 875	 4	 7
Germany				  741 840	 3	 8
Singapore			  651 314	 3       9
Netherlands     		  625 626	 3	10
Russia				  512 266	 2	11

Total			       21 717 900		100

STOCK OF FOREIGN DIRECT INVESTMENT INTO ESTONIA (THOUSAND OF EEKs)

x - not possible to publish because of confidentiality principles

Field of Activity			Stock			%

Manufacturing				7 249 550		33
Trade and repairs			5 424 957		25
Financial intermediation		3 431 460		16
Transports, communication		2 213 833		10
Real estate and business activities	1 762 028		 8
Agriculture				  270 124		 1
Hotels and restaurant			  256 350		 1
Construction				  254 027		 1
Other					  148 889		 1
Electricity, gas and water		  138 000		 1
Mining and quarrying			   74 393		 0
Education				   12 086		 0
Fishing					   12 086		 0
Public administration and defense:	        X		 X
compulsory social security
Health and social care				-57		 0
Unknown					  481 871		 2

Total					     21 717 900		100

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Note* International Copyright, United States Government, 1998 (or other year of first publication). All rights under foreign copyright laws are reserved. All portions of this publication are protected against any type or form of reproduction, communications to the public and the preparation of adaptations, arrangement and alterations outside the United States. U. S. copyright is not asserted under the U.S. Copyright Law, Title 17, United States Code.

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