After a few years of stagnation, 2016 can be considered rather successful for enterprises – the turnover, investments as well as the number of active enterprises increased by 4%. The improved results were reflected also in profits – the profit for the reporting year increased by 11%. Productivity indicators improved also.

In 2017, exports of goods from Estonia totalled 12.9 billion euros and imports to Estonia 14.7 billion euros at current prices. Trade turnover increased for the second consecutive year, exports grew by 8%, or approximately 1 billion euros and imports grew by 9%, or 1.2 billion euros compared to 2016.

In June, Statistics Estonia’s electronic data collection channel eSTAT was upgraded with a long-awaited and more consumer-friendly user interface. Data submission in the upgraded environment is easier and the channel itself is more user-friendly.

According to Statistics Estonia, in April 2018, the production of industrial enterprises increased by 2% compared to April 2017. Production increased in manufacturing and in energy, but decreased in mining.

According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew by 3.6% in the first quarter of 2018, compared to the same period of the previous year.

According to Statistics Estonia, in April 2018, compared to April of the previous year, the turnover of retail trade enterprises increased by 1% at constant prices. In April, the turnover of retail trade enterprises was 560.4 million euros.

According to Statistics Estonia, in the 1st quarter of 2018, the total profit of the business sector was 584 million euros, which is 5% less than in the same period the year before.

According to Statistics Estonia, in the 1st quarter of 2018, the average monthly gross wages and salaries were 1,242 euros, having increased by 7.7% compared to the 1st quarter of 2017. The year-on-year growth in average monthly gross wages and salaries was 0.2 percentage points higher than in the previous quarter.

According to Statistics Estonia, in the 1st quarter of 2018 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 21%. Taking into account only Estonian construction market, construction volume increased 29%.

In 2017, there were approximately 158,000 economically active units. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

According to Statistics Estonia, in 2017, aquaculture enterprises sold 870 tonnes of commercial fish and crayfish, with a total value of 3.7 million euros. The volume of aquaculture production sold in 2017 was highest of the last five years.

According to Statistics Estonia, in April 2018, the producer price index of industrial output changed by -0.5% compared to March and by 2.1% compared to April 2017.