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In the second quarter, Estonian economy contracted by 6.9%
Date 31.08.2020
Article
According to Statistics Estonia, in the 2nd quarter of 2020, the gross domestic product (GDP) fell by 6.9% compared to the 2nd quarter of 2019. The GDP at current prices was 6.4 billion euros.
Sustainability in Estonia has both positive and negative trends
Date 30.10.2009
Article
According to Statistics Estonia, during the last decade Estonia experienced a fast progress towards economic welfare, but the same cannot be said in regard to social coherence, ecological balance and developments in the cultural space. Nevertheless, both negative and positive trends can be witnessed in all these spheres.
Economic growth slowed down in the first quarter
Date 31.05.2018
Article
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.
Economic growth in Estonia increased significantly
Date 13.06.2018
Article
Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.
Expenditure on research and development increased last year
Date 04.12.2019
Article
According to Statistics Estonia, in 2018, the expenditure on research and development (R&D) in Estonia amounted to 365.6 million euros, which is a fifth more than in 2017.
Economic growth accelerated in the 3rd quarter
Date 30.11.2018
Article
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew by 4.2% in the third quarter of 2018 compared to the same period of the previous year.
Economic growth accelerated in the 2nd quarter
Date 31.08.2018
Article
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew by 3.7% in the 2nd quarter of 2018 compared to the same period of the previous year.
Economic growth accelerated in 2017
Date 28.02.2018
Article
According to Statistics Estonia, in 2017, the gross domestic product (GDP) of Estonia increased 4.9% compared to 2016. In the 4th quarter of 2017, the Estonian economy grew by 5.0% compared to the 4th quarter of 2016.
Area
Foreign trade statistics give an overview of the trade in goods and services between Estonia and other countries. The difference between exports and imports is the foreign trade balance of the country. In foreign trade statistics, goods are recorded on the basis of their movement across the Estonian border and services on the basis of purchase and sale transactions of residents and non-residents. Foreign trade statistics are published at current prices and provide answers to the following questions: what is the total value of foreign trade; what is the value of exported and imported goods and