nia's foreign trade has shifted rapidly from East to West with the
Western industrialized countries now accounting for two-thirds of
foreign trade.
National product:
GDP - purchasing power equivalent - $8.8 billion (1993 estimate from
the UN International Comparison Program, as extended to 1991 and
published in the World Bank's World Development Report 1993; and as
extrapolated to 1993 using official Estonian statistics, which are
very uncertain because of major economic changes since 1990)
National product real growth rate:
-5% (1993 est.)
National product per capita:
$5,480 (1993 est.)
Inflation rate (consumer prices):
2.6% per month (1993 average)
Unemployment rate:
3.5% (May 1993); but large number of underemployed workers
Budget:
revenues:
$223 million
expenditures:
$142 million, including capital expenditures of $NA (1992)
Exports:
$765 million (f.o.b., 1993)
commodities:
textile 14%, food products 11%, vehicles 11%, metals 11% (1993)
partners:
Russia, Finland, Latvia, Germany, Ukraine
Imports:
$865 million (c.i.f., 1993)
commodities:
machinery 18%, fuels 15%, vehicles 14%, textiles 10% (1993)
partners:
Finland, Russia, Sweden, Germany, Netherlands
External debt:
$650 million (end of 1991)
Industrial production:
growth rate -27% (1993)
Electricity:
capacity:
3,700,000 kW
production:
22.9 billion kWh
consumption per capita:
14,245 kWh (1992)
Industries:
accounts for 42% of labor force; oil shale, shipbuilding, phosphates,
electric motors, excavators, cement, furniture, clothing, textiles,
paper, shoes, apparel
Agriculture:
employs 20% of work force; very efficient by Soviet standards; net
exports of meat, fish, dairy products, and potatoes; imports of
feedgrains for livestock; fruits and vegetables
Illicit drugs:
transshipment point for illicit drugs from Central and Southwest Asia
and Latin America to Western Europe; limited illicit opium producer;
mostly for domestic consumption
Economic aid:
recipient:
US commitments, including Ex-Im (1992), $10 million
Currency:
1 Estonian kroon (EEK) = 100 cents (introduced in August 1992)
Exchange rates:
kroons (EEK) per US$1 - 13.9 (January 1994), 13.2 (1993); note -
kroons are tied to the German Deutschmark at a fixed rate of 8 to 1
Fiscal year:
calendar year

@Estonia, Communications

Railroads:
1,030 km; does not include industrial lines (1990)
Highways:
total