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According to Statistics Estonia, in February 2024, the turnover of retail trade enterprises was 739 million euros. Compared with February 2023, turnover fell by 3% at constant prices.

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

In the second quarter, the total production value of Estonian construction enterprises was 1.06 billion euros, including 665 million euros’ worth of building construction and 399 million euros’ worth of civil engineering. Compared with the second quarter of last year, the volume of building construction increased by 4.6% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) grew by 2.5%. The volume of construction on the domestic market increased, while construction in foreign countries decreased Merike

The total number of vacant and occupied posts in the fourth quarter was a little under 584,000. Vacancies represented 1.5% of all job posts. The number of vacant posts was the highest in education (1,435) and wholesale and retail trade (including repair of motor vehicles and motorcycles) (1,431). Krista Vaikmets, leading analyst at Statistics Estonia, said that the number of job vacancies declined by nearly 500 in the fourth quarter year on year. However, the rate of job vacancies – i.e. the share of vacancies in the total number of posts – remained at a similar level as in the fourth quarter

According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.

The turnover volume declined in stores selling manufactured goods and grocery stores, as well as in enterprises engaged in the retail sale of automotive fuel. Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that taking into account the data for August, the turnover volume of retail trade enterprises has been falling for 24 months in a row now. “The drop in the volume of retail trade turnover in August was mainly due to stores selling manufactured goods and grocery stores, as the turnover volume of each decreased by 4% year on year,” Pihlak added. Among stores selling

According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2023 was 10.5 billion euros. Compared with 2022, turnover decreased by 8% at constant prices.

According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The