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Banking and financial markets

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  3. Banking and financial markets
The financial sector is one of the fastest growing and changing sectors in the world. Financial institutions manage funds, invest or manage assets and shares, provide leasing services and loans, manage loan offices and provide financial advice. Almost all people come into contact with financial institutions, for example by using a current account, depositing money or collecting a pension, applying for a bank loan to buy a home, a car, etc. Statistics on credit institutions, payment and settlement systems, savings and loan associations and leasing enterprises are collected and published by

A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs

Kuupäev 20.11.2025
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  3. A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs
“Until now, the state has been collecting various data from entrepreneurs, but with this application the state is, for the first time, returning such a large amount of valuable information back to the entrepreneurs,” explained Sirli Heinsoo, Head of the Digital Economy Department at the Ministry of Economic Affairs and Communications. She added that the application returns an analysis compiled from the company’s own submitted data, helping entrepreneurs assess their strengths and weaknesses and compare their company with others. “The more accurate the data submitted to the state, the more

Nearly half the people in Estonia use artificial intelligence

Kuupäev 16.09.2025
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  3. Nearly half the people in Estonia use artificial intelligence
Tiina Pärson, leading analyst at Statistics Estonia, said that internet use is a common practice among younger and middle-aged people (16–54-year-olds), with almost 100% of them using the internet. Internet use has increased significantly among the elderly. For example, compared with last year, internet use has risen by five percentage points in the 55–64 age group and by six percentage points among 65–74-year-olds. Compared with 2020, the increase has been even greater, at 11 percentage points among people aged 55–64 and 20 percentage points among people aged 65–74. “One key factor is the

A record quantity of fish roe was sold last year

Kuupäev 23.05.2025
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  3. A record quantity of fish roe was sold last year
Last year, the quantity of commercial fish sold by fish farming enterprises increased by 45 tonnes compared with 2023. The quantity of farmed fish was in decline in the years 2019–2022 but has been rising again in the last two years. Anton Kardakov, leading analyst at Statistics Estonia, said that the increase in food prices has now reached the fish farming sector. “The average price per kilogram of farmed fish was up by 30% and exceeded 8 euros,” noted Kardakov. Rainbow trout is still the most farmed and sold fish species in Estonia. The sold quantity of rainbow trout has increased steadily

Estonia produced 189.5 million eggs last year, one in two eggs eaten is locally produced

Kuupäev 17.04.2025
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  3. Estonia produced 189.5 million eggs last year, one in two eggs eaten is locally produced
At the end of 2024, there were 2.4 million poultry in Estonia. 97% of these were hens and cocks, and the remaining 78,200 were other poultry. Ege Kirs, leading analyst at Statistics Estonia, said that egg production has started to increase again in recent years. “Last year, the poultry laid a total of 11,800 tonnes of eggs. The bulk of egg production comes from a few large farms, which are also the main contributors to production growth and decline,” Kirs noted. Last year, Estonia imported 12,700 tonnes of egg products, 71% of which were whole eggs. Exports of eggs amounted to 2,300 tonnes in

In September, the number of accommodated tourists grew by 4% year on year

Kuupäev 11.11.2025
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  3. In September, the number of accommodated tourists grew by 4% year on year
157,000 foreign and 131,000 domestic tourists were accommodated in Estonia in September. Among all accommodated tourists, foreign tourists held a slightly higher share (55%) than domestic tourists. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of foreign tourists has shown growth in most months this year. “Compared with September 2024, there were 3% more foreign tourists accommodated in Estonia in September this year. However, their number remained smaller than before the pandemic,” explained Laurmaa. “After three months of year-on-year decline, the number of

The number of tourists from Finland declined for the sixth consecutive month

Kuupäev 11.12.2025
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  3. The number of tourists from Finland declined for the sixth consecutive month
Nearly 153,000 foreign and 138,000 domestic tourists were accommodated in Estonia in October. Among all tourists accommodated in October, foreign tourists held a slightly higher share (52%) than domestic tourists. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of foreign tourists has shown growth in most months this year. “Compared with October 2024, there were 7% more foreign tourists accommodated in Estonia in October this year. In comparison with pre-pandemic levels, the number of foreign tourists was down by 12%,” Laurmaa noted. “The number of domestic tourists

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