![](https://4liberty.eu/phidroav/2012/03/estonia-150x120.jpg)
photo: alexliivet
As The Lithuania Tribune writes (quoting SEB’s Eastern Economic Outlook published in March 2012) Estonia’s growth fill fall to 1.5% in 2012 and increase again in 2013 reaching 2.5%.
As a result of smaller demand in Sweden and Finland Estonian expansion is limited while high inflation continues.
In 2011 Estonian GDP growth reached the level of 7.6% although a slowdon in the last quarter of the year was observed.
Budget deficit is expected to reach 3% in 2012 and 2% in 2013.
![http://www.flickr.com/photos/alexmartin81/6074174745/sizes/m/in/photostream/](http://4liberty.eu/phidroav/2012/03/estonia-400x300.jpg)
More data from SEB’s report here.