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Estonian economy grew by 5.2% compared to the pre-pandemic level

Kuupäev 01.03.2022
Article
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  2. Estonian economy grew by 5.2% compared to the pre-pandemic level
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2021, the gross domestic product (GDP), which shows how the Estonian economy is doing, grew by 8.6% compared to the same period of 2020. The GDP at current prices was 8.7 billion euros.

In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood

Kuupäev 10.05.2023
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  3. In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood
According to Statistics Estonia, in March 2023, Estonia’s exports and imports of goods decreased by 15% and 12%, respectively, compared with March 2022. In the first quarter as a whole, both exports and imports of goods fell by 8%.

Higher fuel prices had the biggest impact on the consumer price index in 2021

Kuupäev 07.01.2022
Article
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  2. Higher fuel prices had the biggest impact on the consumer price index in 2021
According to Statistics Estonia, in 2021, the consumer price index increased by 4.6% compared to the average of 2020.

In the second quarter, trade in services recovered to pre-crisis level

Kuupäev 10.09.2021
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  3. In the second quarter, trade in services recovered to pre-crisis level
According to Statistics Estonia and Eesti Pank, in the second quarter, Estonia’s exports of services grew by 46% and imports of services by 125% year on year. Exports and imports of services amounted to 1.8 billion euros. Foreign trade in services was affected the most by growth in telecommunications, computer and information services, and transport services.

Exports and imports of services were at the same level in the first quarter

Kuupäev 10.06.2021
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  3. Exports and imports of services were at the same level in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2021, the exports of services grew by 2% and imports of services by 51% year on year. Estonian economic entities exported and imported services for 1.6 billion euros. The imports of services increased mainly on account of growth in telecommunications, computer and information services.

In August, the consumer price index was still influenced the most by housing- and food-related price increases

Kuupäev 07.09.2022
Article
  1. Home
  2. In August, the consumer price index was still influenced the most by housing- and food-related price increases
According to Statistics Estonia, in August, the consumer price index increased by 2.3% compared with July, and by 24.8% compared with August 2021. Goods were 18.3% and services 37.6% more expensive than in August last year.

Mineral fuels impacted the decline in exports in January

Kuupäev 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

In March, the consumer price index rose by 3.9% compared with March last year

Kuupäev 05.04.2024
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  3. In March, the consumer price index rose by 3.9% compared with March last year
According to Statistics Estonia, in March, the consumer price index increased by 0.4% compared with February 2024 and by 3.9% compared with March 2023. Goods were 1.9% and services 7.1% more expensive than in March last year.

Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. 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.

Last year the carriage of passengers and goods declined

Kuupäev 25.03.2015
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  3. Last year the carriage of passengers and goods declined
According to Statistics Estonia, in 2014, the number of passengers served by Estonian transport enterprises decreased by 2% and the freight volume in tonnes decreased by 5% compared to the previous year. Passenger traffic volume increased by 6% in passenger-kilometres, but freight turnover fell 15% in tonne-kilometres.

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