Experts’ 6-month outlook for Estonian economy improves, still generally negative

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The assessment of the state of the Estonian economy by experts who took part in a recent Institute of Economic Research (Konjunktuuriinstituut) survey has stayed negative, though somewhat improved from previous results.

As of March, none of the respondents considered the situation to be “good”; 61 percent rated it “satisfactory,” and 39 percent rated it “poor.

The institute’s first-quarter report showed that, compared with December 2024, the proportion of those who considered the state of the Estonian economy to be “satisfactory” rose, while the number of those who viewed the situation as “poor” fell.

The investment situation is considered satisfactory by 56 percent and poor by 44 percent of respondents, but in this area, too, no expert deemed the situation to be good.

Investment outlook behind the curve

The investment picture is, however, slightly worse than the overall economic situation, though somewhat better compared with the assessments given in December.

Read more: ERR.EE