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

Kuupäev 10.06.2021
Article
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  2. News
  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.

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%.

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.

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.

Inflation reduced GDP growth to just 0.6% in the second quarter

Kuupäev 31.08.2022
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

11. Sustainable Cities and Communities

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  3. 11. Sustainable Cities and Communities
The focus of the global goal “Sustainable Cities and Communities” is problems related to rapid urbanisation. Although cities are sources of innovation and exhibit fast growth in the number of jobs as well as economic growth, urbanisation also causes problems, such as poor living conditions, air pollution, poor access to services and lacking infrastructure. The 2030 Agenda includes a global target to ensure everybody adequate, safe, affordable housing and basic services, and improve slums. Efficient waste management and availability of transport networks, especially of public transport, is

In May, housing-related price changes had the biggest impact on the consumer price index

Kuupäev 07.06.2022
Article
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  2. In May, housing-related price changes had the biggest impact on the consumer price index
According to Statistics Estonia, in May, the consumer price index increased by 1.9% compared to April, and by 20.0% compared to May 2021. Goods were 15.7% and services 28.8% more expensive than in May last year.

The Estonian economy contracted by 1.3% last year

Kuupäev 01.03.2023
Article
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  2. News
  3. The Estonian economy contracted by 1.3% last year
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

In the second quarter, Estonian economy contracted by 6.9%

Kuupäev 31.08.2020
Article
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  2. News
  3. In the second quarter, Estonian economy contracted by 6.9%
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.

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