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Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia, said that these monthly surveys provide fast and regular assessments of the economic situation and expected developments and also collect information about economic and consumer confidence. “These surveys give an overview of current economic tendencies – often before other official statistics indicators are published. The surveys also allow easy comparisons of the economic situation across European Union countries,” explained Raasik. The business and consumer surveys used to be carried out by the

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, last year, the surplus of foreign trade in services was 600 to 900 million euros each quarter, while in the second quarter this year the surplus of foreign trade in services was over one billion euros for the first time. “The main contributor to this surplus was telecommunications, computer and information services, where exports were 416 million euros higher than imports. About 20% of these services were supplied to the USA and nearly 15% to the United Kingdom. The surplus in foreign trade in services was also boosted by

According to Statistics Estonia, in the first quarter of 2022, the labour force participation rate was 73.1%, the employment rate was 69%, and the unemployment rate was 5.5%*.

According to Statistics Estonia, in 2018, the gross domestic product (GDP) of Estonia increased 3.9% compared to 2017. For the third consecutive year the economic growth in Estonia was faster than 3%. In the 4th quarter of 2018, the Estonian economy increased by 4.2% compared to the 4th quarter of 2017.

According to Statistics Estonia, in the 1st quarter of 2019, enterprises sold goods and services for 14.8 billion euros, which was 7% more than in the same period the year before.