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Article

Last year the economy thrived in Estonia

Kuupäev 09.03.2012
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  3. Last year the economy thrived in Estonia
According to Statistics Estonia, in 2011 the gross domestic product (GDP) increased by 7.6% compared to the previous year. In the 4th quarter, GDP growth decelerated to 4.5% according to the second estimates.

The decrease of the average monthly gross wages and salaries continued

Kuupäev 25.11.2009
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  3. The decrease of the average monthly gross wages and salaries continued
According to Statistics Estonia, in the 3rd quarter of 2009, the average monthly gross wages and salaries were 11,770 kroons and the hourly gross wages and salaries were 71.76 kroons. Compared to the 3rd quarter of the previous year, the average monthly gross wages and salaries were by 5.9% lower and the average hourly gross wages and salaries were by 5.8% lower. The average monthly gross wages and salaries has been decreasing for three quarters running compared to the same quarter of the previous year.

In the 3rd quarter the average monthly gross wages (salaries) and the real wages grew

Kuupäev 25.11.2011
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  3. In the 3rd quarter the average monthly gross wages (salaries) and the real wages grew
According to Statistics Estonia, in the 3rd quarter of 2011, the average monthly gross wages and salaries were 809 euros and the average hourly gross wages and salaries were 4.82 euros. Compared to the 3rd quarter of the previous year, the average monthly gross wages and salaries grew 6.6% and the average hourly gross wages and salaries by 4.7%.

The annual average monthly gross wages and salaries decreased for the first time during 16 years

Kuupäev 18.06.2010
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  3. The annual average monthly gross wages and salaries decreased for the first time during 16 years
According to Statistics Estonia, in 2009, the average monthly gross wages and salaries were 12,264 kroons and the hourly gross wages and salaries were 75.11 kroons. Compared to 2008, the average monthly gross wages and salaries were by 5.0% lower and the average hourly gross wages and salaries were by 3.1% lower. Since 1993 the average monthly gross wages and salaries decreased for the first time compared to the previous year.

In the 2nd quarter, average monthly gross wages exceeded 1,000 euros

Kuupäev 29.08.2014
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  3. In the 2nd quarter, average monthly gross wages exceeded 1,000 euros
According to Statistics Estonia, in the 2nd quarter of 2014, the average monthly gross wages and salaries were 1,023 euros and increased 4.8% compared to the 2nd quarter of the previous year.

The trade of high-tech goods is showing a declining trend

Kuupäev 01.10.2009
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  3. The trade of high-tech goods is showing a declining trend
According to Statistics Estonia, in 2008 exports of high-tech (HT) goods from Estonia totalled 4.6 billion kroons at current prices and imports of high-tech goods to Estonia amounted to 9.8 billion kroons. The share of HT goods in Estonia’s trade has significantly decreased during the last years.

Last year the annual average monthly gross wages and salaries grew again after the fall

Kuupäev 17.06.2011
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  3. Last year the annual average monthly gross wages and salaries grew again after the fall
According to Statistics Estonia, in 2010, the average monthly gross wages and salaries were 792 euros (12,397 kroons) and the hourly gross wages and salaries were 4.78 euros (74.84 kroons). Compared to 2009, the average monthly gross wages and salaries were by 1.1% higher and the average hourly gross wages and salaries were by 0.4% lower.

Unemployment and employment both decreased in the 1st quarter

Kuupäev 15.05.2014
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  3. Unemployment and employment both decreased in the 1st quarter
According to Statistics Estonia, unemployed persons numbered 57,000 and the unemployment rate was 8.5% in the 1st quarter of 2014. The number of both the unemployed and the employed decreased. For the first time since 2010, the number of unemployed persons decreased compared to the same quarter of the previous year.

In November last year, trade continued to decline

Kuupäev 09.01.2020
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  3. In November last year, trade continued to decline
According to Statistics Estonia, in November 2019, compared to November 2018, the exports and imports of goods decreased by 10%. Trade declined in most commodity sections.

In the 2nd quarter the average monthly gross wages and salaries grew, but the real wages continued to fall

Kuupäev 30.08.2011
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  3. In the 2nd quarter the average monthly gross wages and salaries grew, but the real wages continued to fall
According to Statistics Estonia, in the 2nd quarter of 2011, the average monthly gross wages and salaries were 857 euros and they grew 4.2% compared to the same quarter of the previous year. But the real wages continued the falling trend, which had lasted for over two years and a half already.

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