Estonia By-Country Industry Forecast: 30 Nov 2011

Estonia: Key Features

Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing industries are covered per country, six service sectors and other relevant series (car sales, steel production, gross value added).

Presents Value-Added Numbers. Forecasts are produced for output or value-added, a proxy of each industry's GDP. Value-added numbers are presented as indices or in real terms with 2005 as a base year. Investment, wage, labour cost (labour, intermediate), labour productivity, price, and employment series per industry are also available for key developed countries.

User-Friendly Reports. For each country, a ten-page report presents forecasts and recent history through graphs and tables. The highlights are the industrial structure of the economy, respective contributions to growth, key industries, fastest growing and lagging industries, and detailed tables for relevant industries.

Precise Forecasting Methodology. Oxford Economics' industry forecasts are derived from its sophisticated global economic and industry models. Our Global Industry Model forecasts output across industries from our latest monthly economic global forecasts. The Global Industry Model works with Oxford Economics' Global Economic Model, the world's most widely used commercial economic model.

Timely analysis. The industry historical data and forecasts are updated every quarter, using the latest monthly macroeconomic data. Our economists check the data thoroughly before incorporating the data into our forecasting models and review final forecasts to assure they are aligned with our global assumptions and country forecasts.