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Estonian residents have become more aware of the importance of travel insurance

The 2024 major revision of Estonia’s GDP has been completed

Latest UN projection: world population will continue to grow for at least another 60 years

GDP flash estimate: recession slowed down in Q2

Young workers are turning away from the information and communication sector

Sown area of potatoes smaller than ever before

According to preliminary data of Statistics Estonia and the Agricultural Registers and Information Board (ARIB), the utilised agricultural area this year is 983,400 hectares, which is 4,400 hectares less than in 2023. There has been a slight decrease in arable land, as well as in the area of fruit and berry plantations. The sown area of potatoes, which has been in decline for a long time, continues the trend and is 8% smaller in 2024 than the year before.

Information for API users: data on the travelling of Estonian residents are published in separate tables from 28 June

As of 28 June, annual and quarterly data on the travelling of Estonian residents are published in separate tables. The changes will primarily affect users accessing these data with a machine-to-machine interface.

The wedding season has begun! What do the latest marriage statistics reveal?

Newly published data from Statistics Estonia show that 41% of all marriages of Estonian residents took place during the summer months. The most popular day for tying the knot was Friday the 7th of July. What other fascinating facts emerge from the 2023 marriage statistics?

New population projection shows that Estonia’s population will decrease

Although the population has grown for the last seven years, the latest projection predicts a decrease in Estonia’s population by 2085.

In the second quarter, the average wages and salaries were 1,693 euros

Population increased but births continued to fall

The population of Estonia decreased, mainly due to the high number of deaths

Trade in goods decreased in June as well as in the first six months overall

According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.

Exports and imports of goods down in May

According to Statistics Estonia, in May 2024, Estonia’s exports of goods decreased by 6% and imports by 13% compared with May 2023. Exports of goods amounted to nearly €1.6 billion and imports to almost €1.7 billion at current prices. The trade deficit was €144 million, which is €170 million less than in May last year.

Growth in foreign trade in services slowed down in the first quarter

According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

Foreign trade in goods showed signs of picking up in April

According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Trade in goods with EU countries decreased the most in March

According to Statistics Estonia, in March 2024, exports of goods decreased by 16% and imports by 15% compared with March 2023. Exports of goods amounted to about 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 216 million euros, which is 14 million euros less than in March last year.

Last year, Estonia's exports per capita were below the EU average

In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.

The decline in foreign trade in goods in February was mainly due to mineral fuels

According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.

Exports of services reached a record high in the fourth quarter

According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2023, Estonia’s exports of services grew by 5% and imports by 7% compared with the same quarter of 2022. Sales of services to non-residents totalled 3.1 billion euros and purchases of services from non-residents amounted to 2.3 billion euros at current prices. Total exports of services increased by 9% and imports by 8% last year.

Exports of goods to Finland decreased the most in January

According to Statistics Estonia, in January 2024, exports of goods decreased by 11% and imports by 13% compared with January 2023. Exports of goods amounted to about 1.4 billion and imports to 1.5 billion euros at current prices. The trade deficit was 122 million euros, which is 60 million euros less than in January last year.

Foreign trade decreased significantly in 2023

According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.

The trade deficit was almost two times smaller in November

According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.

The rise in services exports slowed down in the third quarter

According to Statistics Estonia and Eesti Pank, in the third quarter of 2023, Estonia’s exports of services grew by 1% and imports by 3% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.8 billion euros and purchases of services from non-residents amounted to 2.2 billion euros. The balance of foreign trade in services was in surplus by 557 million euros.

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