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In the second quarter, exports of services grew by 8% and imports by 11%

Kuupäev 02.09.2025
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  3. In the second quarter, exports of services grew by 8% and imports by 11%
Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

Economic growth hindered by rising prices

Kuupäev 31.05.2022
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  2. Economic growth hindered by rising prices
In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.

In 2011 the oil industry accounted for one third in Estonian R&D expenditure

Kuupäev 03.12.2012
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  3. In 2011 the oil industry accounted for one third in Estonian R&D expenditure
According to Statistics Estonia, in 2011 the ratio of research and development expenditures to the gross domestic product rose upon a novel level – 2.41%, surpassing for the first time the EU mean of 2.03%.

Construction volume up by 14% in the first quarter

Kuupäev 26.05.2022
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  2. Construction volume up by 14% in the first quarter
According to Statistics Estonia, in the first quarter of 2022, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 14% year on year.

Construction volume grew by 9% last year

Kuupäev 25.02.2022
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  2. Construction volume grew by 9% last year
According to the preliminary data of Statistics Estonia, in 2021, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 9% year on year. Considering only the Estonian construction market, the rise in construction volume was 10%.

Construction volume surpassed the pre-pandemic level

Kuupäev 25.11.2021
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  2. Construction volume surpassed the pre-pandemic level
According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.

The economy contracted by 1% in Q2

Kuupäev 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

Turnover and investments of the business sector increased

Kuupäev 27.02.2020
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  3. Turnover and investments of the business sector increased
According to the preliminary data of Statistics Estonia, in 2019, turnover increased in most economic activities. Trade, manufacturing and information and communication enterprises contributed the most to the turnover of the business sector. The growth in the sector’s turnover was negatively affected mainly by energy and mining.

Which smart devices do people in Estonia use at home?

Kuupäev 02.10.2024
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  3. Which smart devices do people in Estonia use at home?
Sigrid Saagpakk, analyst at Statistics Estonia, said that a smart TV is the most common Internet of Things device in Estonia, used by 57% of internet users. “The second most popular group of devices includes smart watches, wireless headsets and GPS devices, which are used by over a half (53%) of the respondents. Internet-connected home audio systems and smart speakers are also fairly common (28%),” added Saagpakk. Smart fridges and robot vacuums Internet-connected home appliances and voice-activated virtual assistants, such as Alexa or Siri, are gaining popularity – their use has grown by 35%

In the 3rd quarter, the number of job vacancies increased

Kuupäev 07.12.2017
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  3. In the 3rd quarter, the number of job vacancies increased
According to Statistics Estonia, in the 3rd quarter of 2017, there were approximately 12,700 job vacancies in the enterprises, institutions and organisations of Estonia. This is the highest number of job vacancies in recent years.

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