Estonian GDP up

  • 2003-04-03

Estonia's 2002 gross domestic product grew according to provisional data by 5.8 percent in comparison with 2001, while economic growth in the fourth quarter reached 5.9 percent year-on-year.

GDP reached 106.5 billion kroons (6.81 billion euros) in current prices and 96.9 billion kroons in constant prices of 2000.

By quarters, GDP showed a year-on-year growth of 3.2 percent in the first quarter, 7 percent in the second, and 6.7 percent in the third quarter.

By fields of activity, value added growth in constant prices increased the most in the construction and hospitality industries, by 14.7 percent and 12.7 percent respectively.

Value added growth declined in agriculture and hunting by 4.7 percent, fishing 2.5 percent, supply of electric power, gas and water 1.9 percent and health and social care 1 percent.