According to Statistics Estonia, in the 2nd quarter of 2019, enterprises sold goods and services for 16.2 billion euros, which was 6% more than in the same period the year before.
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.
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.2% in the 3rd quarter of 2019 compared to the same period of the previous year. The Estonian GDP was 7 billion euros at current prices.
According to Statistics Estonia, in October 2013, the gross hourly earnings of female employees were 24.8% lower than the gross hourly earnings of male employees, and the gender pay gap grew by 0.2 percentage points compared to the previous year. The gender pay gap was almost non-existent in transportation and storage.
According to Statistics Estonia, in the 3rd quarter, the unemployment rate was 3.9%, the labour force participation rate was 71.9% and the employment rate was 69%. The estimated number of employed persons was 677,300, which is 10,700 more than in the same quarter of the previous year. The number of long-term unemployed also declined.
Today, Statistics Estonia and the Government Office presented a new web application called the Tree of Truth. It is a gauge of important national indicators, giving a simple, honest and objective picture of how the country is doing.
According to Statistics Estonia, in 2019, 90% of households had internet connection at home and it is used daily or almost daily by 98% of 16–44-year-olds. Enterprises contribute increasingly to improving their ICT security measures and policies.
According to Statistics Estonia, in 2019, the labour force participation rate was 71.6%, the employment rate was 68.4% and the unemployment rate was 4.4%. The annual average number of persons active in the labour market was 702,600 and persons employed numbered 671,300.
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.2% in the 3rd quarter of 2014 compared to the 3rd quarter of the previous year.