Estonia Output Gap, Percent of Potential GDP Statistics

14, Nov 2019, EST.

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Country or Region: Estonia › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Estonia indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kroon
Currency Symbol: EEK

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Estonia , Year 2015 - In Detail

Output Gap, Percent of Potential GDP for Estonia in year 2015 is -1.303 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes Estonia No. 15 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Estonia is 1.07 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Estonia was -0.66 % Output Gap, Percent of Potential GDP for Estonia in 2015 was or will be 96.83% more than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Estonia was or will be -1.13 %, which is 13.66% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Estonia, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -0.792
  2016 -1.125
2015 -1.303
  2014 -0.662
  2013 -2.309
  2012 -2.086
  2011 -5.235
  2010 -10.663
  2009 -11.285
  2008 6.131
  2007 15.093
  2006 10.372
  2005 4.241
  2004 -0.012
  2003 -0.702
  2002 -1.939
  2001 -1.6
  2000 -1.29
  1999 -4.71
  1998 2.522
  1997 4.865
  1996 -0.393
  1995 -0.006
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a