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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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Turnover and investments of the business sector increased
According to the preliminary data of Statistics Estonia, in 2019, turnover increased in most economic activities. Trade, manufacturing and information and communication enterprises contributed the most to the turnover of the business sector. The growth in the sector’s turnover was negatively affected mainly by energy and mining.
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The turnover of the business sector increased in the 3rd quarter
According to Statistics Estonia, in the 3rd quarter of 2019, enterprises sold goods and services for 16.4 billion euros, which was 5% more than in the same period the year before.
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The profit of the business sector decreased in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2018, the total profit of the business sector was 726 million euros, which is 12% less than in the same period the year before.