Today's young entrepreneurs may well shape our future economic prosperity. But who are Estonia's young entrepreneurs and what are the factors influencing youth towards entrepreneurship?
According to Statistics Estonia, accommodation establishments served nearly 237,400 tourists in March 2024, which is 5% more than in March last year. The number of domestic tourists decreased a little, while the number of foreign tourists increased.
According to Statistics Estonia, accommodation establishments served 507,600 tourists in July 2024, which is 5% more than in July last year. The number of foreign tourists increased, but the number of domestic tourists decreased in July.
According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.
According to Statistics Estonia, nearly 226,000 tourists stayed in accommodation establishments in March 2023, which is 18% more than in March last year. The average cost of an overnight stay increased by 15% year on year.
While at the beginning of the new century it was mainly the inhabitants of Estonia who eagerly moved elsewhere in Europe, today more and more citizens of other European Union countries are settling in Estonia. Kristjan Erik Loik, leading analyst at Statistics Estonia, takes a look at who has arrived here in the last 20 years.
According to Statistics Estonia, accommodation establishments served over 384,000 tourists in June 2024, which is 14% more than in June last year. There were more domestic as well as foreign tourists accommodated.
According to Statistics Estonia, on 1 January 2024, the population of Estonia was 1,374,687. There were 10,949 births and 16,002 deaths in Estonia in 2023.
In the last 20 years, the share of people walking to work has fallen by nearly half. There is less use of public transport, while commuting by car has risen. Tea Vassiljeva, analyst at Statistics Estonia, looked at the data and examined how the commuting habits of Estonians have changed in recent decades.
Due to maintenance, Statistics Estonia’s and census websites will be temporarily unavailable on 9 June between 15:00 and 16:00. We apologise for the inconvenience.