In 1999, Estonia experienced its worst year
economically since it regained independence in 1991 largely because of
the impact of the August 1998 Russian financial crisis. Estonia joined
the WTO in November 1999 - the second Baltic state to join - and
continued its EU accession talks. GDP is forecast to grow 4% in 2000.
Privatization of energy, telecommunications, railways, and other
state-owned companies will continue in 2000. Estonia expects to
complete its preparations for EU membership by the end of 2002.

purchasing power parity - $7.9 billion (1999 est.)

-0.5% (1999 est.)

purchasing power parity - $5,600 (1999 est.)

agriculture: 3.6%
industry: 30.7%
services: 65.7% (1999)

6.3% (1994 est.)

lowest 10%: 3.2%
highest 10%: 28.5% (1996)

3.7% (1999 est.)

785,500 (1999 est.)

industry 20%, agriculture and forestry
11%, services 69% (1999 est.)

11.7% (1999 est.)

revenues: $1.37 billion
expenditures: $1.37 billion, including capital expenditures of $NA
(1997 est.)

oil shale, shipbuilding, phosphates, electric motors,
excavators, cement, furniture, clothing, textiles, paper, shoes,
apparel

3% (1996 est.)

8.742 billion kWh (1998)

fossil fuel: 99.98%
hydro: 0.02%
nuclear: 0%
other: 0% (1998)

7.58 billion kWh (1998)

700 million kWh (1998)

150 million kWh (1998)

potatoes, fruits, vegetables; livestock and
dairy products; fish

$2.5 billion (f.o.b., 1999)

machinery and appliances 19%, wood products
15%, textiles 13%, food products 12%, metals 10%, chemical products 8%
(1999)

Sweden 19.3%, Finland 18.8%, Russia 8.8%, Latvia
8.8%, Germany 7.3%, US 2.5% (1999)

$3.4 billion (f.o.b., 1999)

machinery and appliances 26%, foodstuffs 15%,
chemical products 10%, metal products 9%, textiles 8% (1999)

Finland 23%, Russia 13.2%, Sweden 10%, Germany
9.1%, US 4.7 (1999)

$270 million (January 1996)

$137.3 million (1995)

1 Estonian kroon (EEK) = 100 sents

krooni (EEK) per US$1 - 15.417 (January 2000), 4.678
(1999), 14.075 (1998), 13.882 (1997), 12.034 (1996), 11.465 (1995);
note - krooni are tied to the German deutsche mark at a fixed rate of
8 to 1

calendar year