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Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.

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, in November 2008 compared to November of the previous year, the production of industrial enterprises decreased 18%.

According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.0% in the 3rd quarter of 2010 compared to the same period of the previous year.

According to Statistics Estonia, in 2008 compared to 2007, the production of industrial enterprises decreased 6.5%. The moderate growth of the industrial production at the beginning of 2008, compared to the corresponding month of the previous year, turned to decline since March.

According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 3.1% in the 2nd quarter of 2010 compared to the same quarter in the previous year. The GDP grew last in the 4th quarter of 2007.

According to Statistics Estonia, in 2013 the expenditure on research and development (R&D) in Estonia equalled 326 million euros, which is 14% less than in 2012.

Today, on 1 December, Statistics Estonia launched a publicity campaign to raise awareness among the Estonian population of the 2011 Population and Housing Census (PHC 2011), set to begin on 31 December. The people of Estonia will be given information about participation in the census through television and radio as well as through out-of-home advertising and direct mail.

Estonia’s research and development intensity indicator was 1.28 in 2016, placing Estonia 13th in the ranking of the European Union countries. Estonia is significantly ahead of Lithuania and Latvia, but still lags far behind Finland.