Estonia in the face of economic difficulties: an analysis of GDP decline and prospects for the future
The Estonian economy has been facing problems that have had a significant impact on its economic outlook. In 2022, Estonia’s real GDP decreased by 1.3% compared to the previous year. Forecasts which indicate that the downward trend might continue in 2023 are also concerning. Interestingly, despite the unfavourable economic situation, there is a decrease in the unemployment rate...
More →