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World/Briefs/Estonia

Intelligence brief

Estonia — intelligence brief

The whole picture in one grounded read: observed macro indicators, the derived macro-sentiment composite, the business-cycle regime, and a forward forecast. Derived reads interpret already-observed numbers; the forecast is labelled projections (not observations); an absent series is shown honestly, never fabricated.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Brief

What the data says

Observed macro, derived sentiment, the business-cycle regime, and forward projections — each traced to the live series it reads. Need it as JSON? GET /api/v1/brief/country/{iso3}.

Full briefledger 60ad23b

Estonia: macro conditions look balanced (pressure 40/100); the economy is in expansion; 2 turning-point signals flagged; 22 observed macro indicators held; real gdp growth is projected at 1.56 for 2027.

Macro sentiment

Macro pressure

Derived
Watch
40/ 100

Higher = more macro pressure. Reads as balanced (sentiment +0.20, −1 stressed … +1 supportive).

ⓘ How this score works
Confidence: 90%

Outlook 2027: balanced (projected sentiment +0.16) · a projection from baseline forecasts

Business-cycle regime

DerivedRegime inputsas of 2026

Expansion

growth 1.4%momentum +0.82confidence: high
Turning-point signals
  • CPI inflation turned down (was rising, now falling).
  • Unemployment turned down (was rising, now falling).

Latest observations

Observed1 indicator omitted (not covered)

as of 2026-04-01

Consumer confidence indexObservedStale
94.6

OECD SDMX API

as of 2026-01-01

Current account balance to GDPObserved
-1.1%

IMF DataMapper API

as of 2024-01-01

Electric power consumption per capitaObserved
5.3k

World Bank Indicators API

as of 2023-01-01

Net energy importsObserved
3.8%

World Bank Indicators API

as of 2024-01-01

Energy use per capitaObserved
2.7k

World Bank Indicators API

as of 2025-01-01

Exports of goods and servicesObserved
78.4%

World Bank Indicators API

as of 2025-01-01

Gross domestic product, current US dollarsObserved
$47bn

World Bank Indicators API

as of 2025-01-01

GDP per capita, current US dollarsObserved
$34.4k

World Bank Indicators API

as of 2025-01-01

Real GDP growthObserved
0.6%

World Bank Indicators API

as of 2026-06-01

Government bond yield (10 year)Observed
3.6%

ECB Data Portal API

as of 2026-01-01

General government debt to GDPObserved
27.8%

IMF DataMapper API

as of 2025-01-01

Imports of goods and servicesObserved
77.4%

World Bank Indicators API

as of 2025-01-01

Consumer price inflationObserved
4.8%

World Bank Indicators API

as of 2026-07-01

Consumer price inflation (monthly)Observed
2.0%

ECB Data Portal API

as of 2025-01-01

Gross fixed capital formation to GDPObserved
24.2%

World Bank Indicators API

as of 2025-01-01

Total populationObserved
1.4m

World Bank Indicators API

as of 2025-01-01

Productivity growthObserved
1.8%

World Bank Indicators API

as of 2021-01-01

Renewable energy shareObserved
38.0%

World Bank Indicators API

as of 2025-01-01

Total reserves (excluding gold)Observed
$2.4bn

World Bank Indicators API

as of 2025-01-01

Reserves in months of importsObserved
1

World Bank Indicators API

as of 2025-01-01

Total reserves (including gold)Observed
$2.4bn

World Bank Indicators API

as of 2025-01-01

Unemployment rateObserved
8.3%

World Bank Indicators API

Forward forecast

Derivedprojections, not observations

Headline reliability: weak track record (+5% skill vs naive; realized ±6.3777 over 20) · a track record, not a guarantee

Forecast heldDerivedledger 60ad23b
Real GDP growth — 2027 baseline projection
1.56

Estonia: forward projections across 17 macro indicators, horizons 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Latest observed-1.1(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2027-1.112.67-4.89-1.9 – -0.32
2029-1.135.43-7.68-2.52 – 0.26
2031-1.157.31-9.61-2.97 – 0.67
2036-1.210.77-13.16-3.83 – 1.44

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed78.36(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202679.4793.4267.3876.21 – 82.74
202881.69105.8560.7574.32 – 89.06
203083.91115.0956.8872.74 – 95.08
203589.45133.5651.2368.84 – 110.07

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Latest observed47bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202754.1bn58bn50.8bn52.5bn – 55.8bn
202960.5bn67.2bn54.7bn56bn – 65bn
203166.9bn75.6bn59.4bn59.3bn – 74.5bn
203682.8bn95.1bn72.2bn65.6bn – 100bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Latest observed0.58(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20271.5610.51-6.210.04 – 3.07
20291.9112-10-0.77 – 4.59
20312.2712-10-1.25 – 5.79
20363.1512-10-2.07 – 8.38

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Latest observed34.4k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202739.5k42.5k36.9k38.3k – 40.7k
202944k49.3k39.5k40.8k – 47.3k
203148.6k55.3k42.8k43.1k – 54.1k
203660k69.5k51.7k47.5k – 72.4k

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Government bond yield (10 year)

Latest observed3.6(2026)· ECB Data Portal API

YearBaselineOptimisticPessimisticConf. band
20273.255.750.572.58 – 3.92
20292.837.1601.63 – 4.03
20312.638.2101.04 – 4.21
20362.4610.3600.12 – 4.8

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

General government debt to GDP

Latest observed27.8(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202729.9335.7523.2228.56 – 31.31
202934.244.2822.5831.01 – 37.39
203138.4751.4823.4633.39 – 43.55
203649.1467.5327.9238.45 – 59.83

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed77.4(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202678.7492.1265.3775.44 – 82.05
202881.43104.658.2673.98 – 88.89
203084.12114.0454.2172.82 – 95.43
203590.85133.1548.5569.84 – 111.86

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Latest observed4.83(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20273.4720.62-5-0.39 – 7.33
20292.0331.73-5-4.65 – 8.71
20310.5938.93-5-5 – 9.17
2036-3.0150-5-5 – 9.49

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Consumer price inflation (monthly)

Latest observed2(2026)· ECB Data Portal API

YearBaselineOptimisticPessimisticConf. band
20273.2816.54-50.28 – 6.27
20294.527.48-5-0.81 – 9.81
20314.9434.61-5-2.03 – 11.91
20365.1747.12-5-4.96 – 15.3

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Latest observed24.22(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202623.8729.3219.1522.71 – 25.03
202822.8432.2714.6620.39 – 25.28
203021.833.9911.2418.32 – 25.29
203519.2236.454.2813.68 – 24.75

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Latest observed1.4m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20271.4m1.4m1.3m1.3m – 1.4m
20291.4m1.4m1.3m1.3m – 1.5m
20311.4m1.4m1.3m1.2m – 1.5m
20361.4m1.4m1.3m1.1m – 1.7m

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Latest observed1.84(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.1615-8.081.23 – 5.08
2028615-102.47 – 9.53
20308.8515-103.95 – 13.75
20351515-106.68 – 15

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Latest observed2.4bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.5bn3.2bn1.7bn2.3bn – 2.6bn
20282.6bn4bn1.3bn2.3bn – 3bn
20302.8bn4.5bn1.1bn2.3bn – 3.3bn
20353.2bn5.6bn777m2.3bn – 4.1bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Latest observed0.72(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20260.71.050.350.63 – 0.77
20280.661.270.060.52 – 0.8
20300.651.4300.45 – 0.85
20350.641.7400.31 – 0.96

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Latest observed2.4bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.5bn3.3bn1.7bn2.3bn – 2.7bn
20282.7bn4bn1.3bn2.3bn – 3bn
20302.9bn4.6bn1.1bn2.4bn – 3.3bn
20353.3bn5.7bn860m2.4bn – 4.2bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Latest observed8.31(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20277.739.446.027.35 – 8.12
20298.5911.555.637.73 – 9.46
20319.4513.275.638.11 – 10.79
203611.6176.28.92 – 14.29

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Generated by the prediction engine (model prediction-engine-v1) on 2026-08-04 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/brief/country/EST · API docs