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In March, there was a boost in trade

Kuupäev 11.05.2021
Article
According to Statistics Estonia, in March, exports of goods increased by 19% and imports by 20% year on year. The growth in foreign trade was mainly driven by trade in electrical equipment, mineral products, wood and articles of wood, and transport equipment.

Real GDP growth rate (chain-linked volume)

Area
Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.

Last year, exports remained close to the level of 2019

Kuupäev 10.02.2021
Article
According to Statistics Estonia, in 2020, exports of goods decreased by 1% and imports by 6% year on year. There was a fall in trade in the first half of the year, which was counterbalanced by the growth in the final months of the year – in December, exports grew by 25% and imports by 10%.

Economic growth slowed down in the 2nd quarter

Kuupäev 30.08.2019
Article
According to Statistics Estonia, gross domestic product (GDP) of Estonia increased 3.6% in the 2nd quarter of 2019 compared to the same period of the previous year.

Turnover and investments of the business sector increased

Kuupäev 27.02.2020
Article
According to the preliminary data of Statistics Estonia, in 2019, turnover increased in most economic activities. Trade, manufacturing and information and communication enterprises contributed the most to the turnover of the business sector. The growth in the sector’s turnover was negatively affected mainly by energy and mining.

Income

Area
What is the income of Estonian people? Do urban dwellers earn a higher income than the rural population? What is the average income per household member in Estonia? Income is a much broader concept than wages. In addition to wages or salaries, it includes income from business and rental of land and other property, as well as regular payments from other households (e.g. alimony), property income, income tax refunds and social benefits, such as old-age pension, child allowance, etc. In order to get an overview of the income of Estonian people, Statistics Estonia collects data on income