OECD Economic Outlook, Volume 2017 Issue 2
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on resilience in a time of high debt, a chapter summarising developments and providing projections for each individual country and a statistical annex.
Estonia
After exceeding 4% in 2017, economic growth is projected to decline to 3% by 2019. Public and private investment should recover from past low levels, notably supported by resumed disbursement of EU funds. High wage growth, due to the tightening labour market, will sustain private consumption. While this poses a risk to competitiveness, export growth will remain strong.