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In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly
Today, on 25 June, Statistics Estonia published the June results of the surveys that measure the economic confidence of enterprises and consumers.
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The number of international students decreased last year but their tax contribution increased
According to Statistics Estonia, in the academic year 2024/25, international students studying and working in Estonia contributed 16.6 million euros in taxes. In the same period, international graduates of the academic year 2023/24 contributed 7.5 million euros as labour taxes in Estonia. Throughout the analysed period (2017–2025), international students and graduates have contributed over 317 million euros in taxes in Estonia.
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The share of innovative enterprises in Estonia is growing
According to Statistics Estonia, 65% of Estonian enterprises have introduced product or process innovations. The share of innovative enterprises is the highest in financial and insurance activities and in information and communication.
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Latest business and consumer survey results published by Statistics Estonia
On 26 May, Statistics Estonia published for the first time the results of the surveys that measure consumers’ and enterprises’ economic confidence. The data are published in the statistical database.
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Dwelling Price Index increased in the 3rd quarter
According to Statistics Estonia, in the 3rd quarter of 2017, the Dwelling Price Index changed by 3.4% compared to the 2nd quarter of 2017 and by 4.7% compared to the 3rd quarter of 2016.
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The industrial producer price index continued to rise in November
According to Statistics Estonia, in November 2017, the producer price index of industrial output changed by 0.3% compared to October and by 3.3% compared to November 2016.
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Last year, every fifth person lived in relative poverty
According to Statistics Estonia, 21.1% of the Estonian population, i.e. nearly 276,000 persons lived in relative poverty in 2016. The percentage of people living in relative poverty decreased 0.6 percentage points compared to the previous year.
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The share of the service sector has grown in all counties
According to Statistics Estonia, 64%, i.e. the majority of the value added generated in the Estonian economy in 2016 was created in Harju county. The share of the service sector continues to grow, having increased in 2016 by more than 2 percentage points in most counties.
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In October, trade increased
According to Statistics Estonia, in October 2017, the exports and imports of goods increased both by 11% compared to October 2016. This year Finland has been the most important trade partner for Estonia. In October, exports to Finland increased by 18% and imports from Finland by 15%.
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The quantity of pesticides placed on the market in Estonia increased in 2016
According to Statistics Estonia, 834 tonnes of pesticides (by active substance) were placed on the market in Estonia in 2016, which is 17% more than in the previous year. The quantity of sold pesticides continues to increase.
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In November, the consumer price index was affected the most by food and motor fuel
According to Statistics Estonia, the change of the consumer price index in November 2017 was 0.5% compared to October 2017 and 4.2% compared to November of the previous year.
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In the 3rd quarter, the number of job vacancies increased
According to Statistics Estonia, in the 3rd quarter of 2017, there were approximately 12,700 job vacancies in the enterprises, institutions and organisations of Estonia. This is the highest number of job vacancies in recent years.
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In October, the number of tourists in accommodation establishments increased
According to Statistics Estonia, 271,100 domestic and foreign tourists stayed in the accommodation establishments of Estonia in October 2017, which is 1% more than in October 2016.
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In October, turnover growth of retail trade enterprises continued
According to Statistics Estonia, in October 2017, compared to October of the previous year, the turnover of retail trade enterprises increased 2% at constant prices.
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Expenditure on research and development decreased last year
According to Statistics Estonia, in 2016, the expenditure on research and development (R&D) in Estonia amounted to 270.3 million euros, which is 11% less than in 2015.
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The economy continued to grow in the 3rd quarter
According to Statistics Estonia, the gross domestic product (GDP) of Estonia increased 4.2% in the 3rd quarter of 2017 compared to the 3rd quarter of the previous year.