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Estonian residents have become more aware of the importance of travel insurance
The value of travel insurance policies taken out in Estonia was 25.7 million euros in 2023, and 22.4 million euros in 2022. How common is travel insurance in Estonia? What is the total value of premiums and claims paid? In this blog post, Statistics Estonia’s analyst Egle Loorits takes a closer look at the latest data on travel insurance.
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Expenditure on research and development increased last year
According to Statistics Estonia, in 2017, the expenditure on research and development (R&D) in Estonia amounted to 304.3 million euros, which is 13% more than in 2016.
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Estonia’s research and development intensity is average among the European Union member states
Estonia’s research and development intensity indicator was 1.28 in 2016, placing Estonia 13th in the ranking of the European Union countries. Estonia is significantly ahead of Lithuania and Latvia, but still lags far behind Finland.
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Almost a half of Estonian enterprises are innovative
According to Statistics Estonia, 47.7% of Estonian enterprises were innovative in 2016. Industrial enterprises are the most active innovators.