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Trade in goods decreased in June as well as in the first six months overall

Date 09.08.2024
Article
According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.

The Estonian economy contracted by 1.3% last year

Date 01.03.2023
Article
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.

The decline in foreign trade in goods in February was mainly due to mineral fuels

Date 09.04.2024
Article
According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.

In the fourth quarter, the economy contracted by 1.2%

Date 01.03.2021
Article
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

Consumer price index on the rise again

Date 07.07.2020
Article
According to Statistics Estonia, the change of the consumer price index in June 2020 was 0.9% compared to May 2020 and –1% compared to June of the previous year. Compared to June 2019, goods were 0.8% and services 1.2% cheaper.

In May, the consumer price index remained at the same level as in April

Date 07.06.2023
Article
According to Statistics Estonia, in May, the consumer price index remained at the same level compared with April and increased by 11.3% compared with May 2022. Goods were 11.1% and services 11.5% more expensive than in May last year.

Estimated subsistence minimum

Area
The subsistence minimum is the minimum amount of means of subsistence required to cover a person's daily needs. It serves as the absolute poverty threshold. Subsistence minimum is calculated taking into account food and dwelling expenditures and individual non-food expenditures. Subsistence minimum does not include expenditures on alcohol, tobacco products, package tours, the purchase of transport equipment and expenses in restaurants and hotels. The basis for calculating food expenditure is the minimum estimated food basket (2,400 kcal per day). It includes food products that cover a person’s