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Article

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

Date 11.06.2024
Article
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  3. Growth in foreign trade in services slowed down in the first quarter
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.

Unemployment up by nearly 5,000 persons in the third quarter

Date 13.11.2020
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  3. Unemployment up by nearly 5,000 persons in the third quarter
According to Statistics Estonia, in the third quarter of 2020, the labour force participation rate was 71.8%, the employment rate was 66.3%, and the unemployment rate was 7.7%. There were 54,300 unemployed persons, which is 4,900 more than in the second quarter of the year.

Economic growth slowed down in 2013

Date 11.03.2014
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  3. Economic growth slowed down in 2013
According to Statistics Estonia, the gross domestic product (GDP) of Estonia in 2013 increased 0.8% compared to the previous year. In the 4th quarter of 2013, the Estonian economy grew 0.3% compared to the 4th quarter of 2012.

The number of job vacancies remains over 10,000

Date 06.12.2019
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  3. The number of job vacancies remains over 10,000
According to Statistics Estonia, in the 3rd quarter of 2019, there were 11,892 job vacancies in the enterprises, institutions and organisations of Estonia. The number of job vacancies has remained above 10,000 since the 1st quarter of 2017.

The economic structure in the counties is changing

Date 17.12.2015
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  3. The economic structure in the counties is changing
According to Statistics Estonia, based on the gross domestic product, the differences in the economic structure of the counties are increasing, but the majority of the value added was created in Harju county in 2014 as well.

In the third quarter, exports of services grew by 12% and imports by 13%

Date 02.12.2025
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  3. In the third quarter, exports of services grew by 12% and imports by 13%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that other business services are the most popular type of services exported and imported by Estonian economic units. In the third quarter, the biggest growth in both exports and imports of services was recorded in trade in other business services. Other business services include, for example, services related to research and development; legal, accounting, management consulting and advertising services; waste treatment and agricultural services. A wide range of other services are included as well. “In Estonia, other business

In 2019, economic growth and growth in value added were driven by information and communication

Date 28.02.2020
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  3. In 2019, economic growth and growth in value added were driven by information and communication
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.3% in 2019. In the 4th quarter of 2019, the GDP grew 3.9% compared to the same period of the previous year. The Estonian GDP was 28 billion euros at current prices.

Decrease of the GDP decelerated in the 3rd quarter

Date 09.12.2009
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  3. Decrease of the GDP decelerated in the 3rd quarter
According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia decreased by 15.6% in the 3rd quarter of 2009 compared to the same quarter in the previous year. The GDP decreased successively for seven quarters, still the decrease decelerated in the 3rd quarter.

The Estonian economy grew 2.1% in 2014

Date 11.03.2015
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  3. The Estonian economy grew 2.1% in 2014
According to Statistics Estonia, the gross domestic product (GDP) of Estonia in 2014 increased 2.1% compared to 2013. In the 4th quarter of 2014, the Estonian economy grew 3.0% compared to the 4th quarter of 2013.

The business sector’s profit in the 2nd quarter was mainly based on domestic consumption

Date 05.09.2012
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  3. The business sector’s profit in the 2nd quarter was mainly based on domestic consumption
According to Statistics Estonia, in the 2nd quarter of 2012, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

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