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General government deficit and debt increased last year
Kuupäev 25.03.2024
Article
According to the preliminary* data of Statistics Estonia, in 2023, the Estonian general government deficit was 3.4% and the debt level was 19.6% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 1.3 billion euros.
Share of environmental goods and services sector in GDP up by a quarter in eight years
Kuupäev 01.11.2024
Article
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the
Young workers are turning away from the information and communication sector
Kuupäev 17.07.2024
Article
Statistics Estonia's short-term labour market statistics show that over the past year and a half, there have been fewer young people aged 20–29 working in both the broader information and communication sector and the more specific field of computer programming. While in previous years the field of computer programming was growing mainly because of young people, in the past year their numbers have fallen.
Telecommunications, computer and information services had the biggest trade surplus in the second quarter
Kuupäev 10.09.2024
Article
According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.