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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
EstoniaEstonia GDP Growth Rate YoY climbed to 2.4% in January 2026
FMPQuarterlyReleased May 2026
Estonia GDP Growth Rate YoY climbed to 2.4% in January 2026, released May 2026, up 1.7% from December's 0.7% reading. The print exceeded the 1.2% consensus by 1.2%. The print is running well above the 12-month average of -1.12%. GDP Growth Rate YoY is now the highest in 45 months.
Latest Release
2.4
Actual
1.2
Consensus
0.7
Previous
Median Absolute Error
±0.55 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 1.05
Actual: 2.4
Error: -1.35
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth Rate YoY (Estonia) was reported at 2.4% in May 2026. This beat the market consensus of 1.2% by 1.2%. The reading rose from the previous value of 0.7%. Trailing 12-month context per ETL data through May 2026.
WHY IT MATTERS
The trailing three releases averaged 1.33%, up from the prior three at 0.6%. In May readings over the past 3 years, GDP Growth Rate YoY has averaged -0.1%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 0.55%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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GDP Growth Rate YoY - EE
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About GDP Growth Rate YoY — Estonia
DEFINITION
The GDP Growth Rate YoY (Year-over-Year) is a key economic indicator that measures the annual change in a country's Gross Domestic Product (GDP). It provides insight into the overall health and performance of an economy, as a higher growth rate indicates a stronger and more robust economy. This indicator is closely monitored by policymakers, investors, and businesses to make informed decisions and assess the current and future economic outlook. A positive GDP Growth Rate YoY is generally seen as a positive sign of economic growth and stability, while a negative growth rate may indicate a slowdown or recession.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 2.4 %, consensus 1.2 %. Prior reading (Oct 2025): 0.7 %. Before that (Jul 2025): 0.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.