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Article

The Estonian economy grew last year

Kuupäev 28.02.2017
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  3. The Estonian economy grew last year
According to Statistics Estonia, in 2016, the gross domestic product (GDP) of Estonia increased 1.6% compared to 2015. In the 4th quarter of 2016, the Estonian economy grew 2.7% compared to the 4th quarter of 2015.

In January, the annual change in the consumer price index was influenced the most by motor fuel and food

Kuupäev 07.02.2017
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  3. In January, the annual change in the consumer price index was influenced the most by motor fuel and food
According to Statistics Estonia, the change of the consumer price index in January 2017 was 0.4% compared to December 2016 and 2.7% compared to January of the previous year.

One in five e-residents register a business in Estonia

Kuupäev 03.11.2020
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  3. One in five e-residents register a business in Estonia
Since 2014, 73,400 foreign citizens have become e-residents of Estonia. 20% of these e-residents have participated in founding a business and over 14,200 businesses have been registered in Estonia with their participation. We looked into where e-residents come from and what are the activities of their Estonian enterprises.

General government balance back in surplus

Kuupäev 26.03.2015
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  3. General government balance back in surplus
According to the preliminary data of Statistics Estonia, in 2014, the Estonian general government surplus was 0.6% and the gross debt level was 10.6% of the gross domestic product.

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

Kuupäev 11.06.2024
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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.

In May, electrical equipment was the most exported commodity, while agricultural products and food preparations were the top commodities in imports

Kuupäev 10.07.2025
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  3. In May, electrical equipment was the most exported commodity, while agricultural products and food preparations were the top commodities in imports
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in May, the changes in intra-EU trade were marginal – exports were up by 3% and imports down by 1%. “In extra-EU trade, exports of goods decreased by 2% while imports increased by 54% compared with May last year. The latter was influenced by a large-scale transaction in the defence sector,” noted Leppmets. In May, exports to Singapore grew the most and exports to Russia fell the most The main commodities exported in May were electrical equipment (15% of Estonia’s total exports), agricultural products and food preparations

General Government budget was in small surplus last year

Kuupäev 25.03.2011
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  3. General Government budget was in small surplus last year
According to preliminary data of Statistics Estonia, in 2010, the Estonian general government sector surplus was 0.1% and gross debt level was 6.6% of Gross Domestic Product (GDP).

Exports of services up by 8% in the third quarter

Kuupäev 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

Estonian agriculture is characterised by large holdings and the maintenance of permanent grassland

Kuupäev 15.10.2014
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  3. Estonian agriculture is characterised by large holdings and the maintenance of permanent grassland
According to the final results of the 2013 Farm Structure Survey, there were 19,200 agricultural holdings in Estonia, of which nearly 1,000 largest ones produce more than three-quarters of standard output, announces Statistics Estonia. At the same time, there are 4,500 agricultural holdings which do not produce agricultural products but only maintain their lands in good agricultural and environmental condition.

In November, the number of tourists who stayed in accommodation establishments decreased

Kuupäev 09.01.2019
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  3. In November, the number of tourists who stayed in accommodation establishments decreased
According to Statistics Estonia, in November 2018, domestic and foreign tourists who stayed in accommodation establishments numbered 235,000, which is 1% fewer than in November 2017. Compared to November 2017, the number of domestic tourists increased and the number of foreign tourists decreased.

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