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The economy contracted by 0.7% in Q3

Date 29.11.2024

Article

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

Number of unemployed persons down by 1,500 in third quarter

Date 15.11.2024

Article

Tea Vassiljeva, analyst at Statistics Estonia, noted that the unemployment rate fell by 0.2 percentage points compared with the second quarter. “The number of the unemployed was 56,300 in the third quarter, and it has been slowly declining since the beginning of the year, but there were still 1,500 more unemployed persons than in the third quarter of 2023,” she said. Compared with the second quarter of 2024, the number of unemployed persons was down by 1,500 in the third quarter. Unemployment fell particularly among men and young people aged 15–24. “There were 2,300 fewer unemployed people in

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 producer price index rose by 0.2% in October year on year

Date 20.11.2024

Article

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

Share of environmental goods and services sector in GDP up by a quarter in eight years

Date 01.11.2024

Article

Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

Construction volume down by 5% in the third quarter

Date 27.11.2024

Article

In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

Volume of retail trade turnover down by 4% in September

Date 31.10.2024

Article

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the decline in the volume of retail trade turnover in September was mainly due to stores selling manufactured goods, as their turnover volume decreased by 6% year on year. “Among stores selling manufactured goods, the biggest decline at 10% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., and also in the turnover volume of stores selling household goods and appliances, hardware and building materials,” added Pihlak

Growth in foreign trade in services slowed down in the first quarter

Date 11.06.2024

Article

According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

Cultural Participation Survey

Area

What kind of survey is it? The Cultural Participation Survey collects information on the cultural interests, consumption of culture, and hobbies of Estonian residents. The aim of the survey is to provide objective statistics for the setting of cultural policy objectives in various domains of culture. Who commissions the survey? For the survey, the main representative of public interest is the Ministry of Culture. Why are the data needed? The Cultural Participation Survey is the only major cultural survey in Estonia. The results of the survey reveal which fields of culture people are interested

In September, the prices of juices and syrups increased the most among food products

Date 07.10.2024

Article

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel