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Article

Economic downturn accelerated again in the third quarter

Kuupäev 30.11.2023
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  3. Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

Recession was wide-ranging in the first quarter

Kuupäev 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

Growth in foreign trade in services slowed down in the first quarter

Kuupäev 11.06.2024
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  3. Growth in foreign trade in services slowed down in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

In 2018, rapid economic growth continued in Estonia

Kuupäev 28.02.2019
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  3. In 2018, rapid economic growth continued in Estonia
According to Statistics Estonia, in 2018, the gross domestic product (GDP) of Estonia increased 3.9% compared to 2017. For the third consecutive year the economic growth in Estonia was faster than 3%. In the 4th quarter of 2018, the Estonian economy increased by 4.2% compared to the 4th quarter of 2017.

The main driver of economic growth in 2019 was the service sector in Harju county

Kuupäev 14.12.2020
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  2. The main driver of economic growth in 2019 was the service sector in Harju county
According to Statistics Estonia, in 2019, the gross domestic product (GDP) of Estonia at current prices was 28 billion euros. Harju county accounted for 18 billion euros of the GDP, whereas the city of Tallinn contributed 15 billion euros in that county.

Per capita GDP of counties becoming more even

Kuupäev 13.12.2018
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  3. Per capita GDP of counties becoming more even
According to Statistics Estonia, 64% of the gross value added of the Estonian gross domestic product (GDP) in 2017 was created in Harju county. However, the differences between counties as regards GDP per capita are getting smaller.

Economic growth decelerated in the 1st quarter

Kuupäev 11.05.2012
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  3. Economic growth decelerated in the 1st quarter
According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia increased by 3.9% in the 1st quarter of 2012 compared to the same quarter of the previous year.

International students and graduates continue to contribute more in taxes to the Estonian economy

Kuupäev 12.01.2022
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  3. International students and graduates continue to contribute more in taxes to the Estonian economy
According to Statistics Estonia, in the academic year 2020/2021, international students and graduates in Estonia paid more than ever before in labour taxes: a total of 16 million euros. At the same time, the number of international students was smaller, while the number of international graduates continued to rise. International students and graduates were most likely to work in information and communication as well as in education. Compared to local students, they worked more often in start-up enterprises.

Statistics Estonia published data on Ukrainian citizens in the labour market

Kuupäev 17.06.2022
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  3. Statistics Estonia published data on Ukrainian citizens in the labour market
Commissioned by the Ministry of Social Affairs, Statistics Estonia analyses the employment situation of Ukrainian refugees under temporary protection and the Ukrainian citizens staying in the country on other grounds. Data will be updated regularly from now on.

Recession slowed down in the second quarter. Photo: Shutterstock

Kuupäev 31.08.2023
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  3. Recession slowed down in the second quarter. Photo: Shutterstock
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

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