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Increased imports led to a higher trade deficit in April

Kuupäev 09.06.2022
Article
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  2. Increased imports led to a higher trade deficit in April
According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.

Expenditure on research and development increased last year

Kuupäev 02.12.2016
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  3. Expenditure on research and development increased last year
According to Statistics Estonia, in 2015 the expenditure on research and development (R&D) in Estonia amounted to 302.8 million euros, which was 6% more than in 2014.

The growth in industry was replaced by decrease during 2008

Kuupäev 02.02.2009
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  3. The growth in industry was replaced by decrease during 2008
According to Statistics Estonia, in 2008 compared to 2007, the production of industrial enterprises decreased 6.5%. The moderate growth of the industrial production at the beginning of 2008, compared to the corresponding month of the previous year, turned to decline since March.

Expenditure on research and development increased last year

Kuupäev 04.12.2018
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  3. Expenditure on research and development increased last year
According to Statistics Estonia, in 2017, the expenditure on research and development (R&D) in Estonia amounted to 304.3 million euros, which is 13% more than in 2016.

Economic growth in Estonia increased significantly

Kuupäev 13.06.2018
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  3. Economic growth in Estonia increased significantly
Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.

In September, the share of trade with European Union countries increased

Kuupäev 09.11.2022
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  3. In September, the share of trade with European Union countries increased
According to Statistics Estonia, in September 2022, Estonia’s exports of goods increased by 14% and imports by 19% at current prices compared with September 2021. In the third quarter, exports were up by 16% and imports by 22%. Trade was mainly boosted by the increased exports and imports of mineral products as well as by rising prices in general.

The rapid decrease in industry in November

Kuupäev 09.01.2009
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  3. The rapid decrease in industry in November
According to Statistics Estonia, in November 2008 compared to November of the previous year, the production of industrial enterprises decreased 18%.

In May, trade increased

Kuupäev 11.07.2022
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  2. In May, trade increased
According to Statistics Estonia, in May 2022, Estonia’s exports of goods increased by 31% and imports by 33% compared to May 2021. Trade grew with most of our main trading partners.

Financial statistics of enterprises improved in 2016

Kuupäev 05.06.2018
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  3. Financial statistics of enterprises improved in 2016
After a few years of stagnation, 2016 can be considered rather successful for enterprises – the turnover, investments as well as the number of active enterprises increased by 4%. The improved results were reflected also in profits – the profit for the reporting year increased by 11%. Productivity indicators improved also.

Vigorous exports in manufacturing contributed to the economic growth in the 3rd quarter

Kuupäev 09.12.2010
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  3. Vigorous exports in manufacturing contributed to the economic growth in the 3rd quarter
According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.0% in the 3rd quarter of 2010 compared to the same period of the previous year.

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