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In the first quarter, the economy contracted by 2.4%

Date 31.05.2024
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  3. In the first quarter, the economy contracted by 2.4%
According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

2012 was a successful year for the business sector

Date 06.03.2013
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  3. 2012 was a successful year for the business sector
According to the preliminary data of Statistics Estonia, in 2012 the total profit of the business sector was 2.9 billion euros, which was 7% more than a year earlier. The increase of enterprise sector’s net sales, productivity and total profit continued for the third year in a row.

The increase in manufacturing output in January was mainly driven by the wood industry

Date 05.03.2025
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  3. The increase in manufacturing output in January was mainly driven by the wood industry
Helle Bunder, leading analyst at Statistics Estonia, said that the increased output of manufacturing resulted primarily from the higher volume of production in the manufacture of wood. “In January, the output of the wood industry was up by 8.3% year on year. This was the first time since May 2022 that the output of this industry increased,” explained Bunder. In January, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of wood (8.3%), fabricated metal products (5.9%)

The number of job vacancies remains under 9,000

Date 12.03.2021
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  2. The number of job vacancies remains under 9,000
According to Statistics Estonia, in the last quarter of 2020, there were 8,707 job vacancies in the enterprises, institutions and organisations of Estonia. The number decreased by 16% year on year. More than 7,000 persons left their jobs on the employer’s initiative.

In May, customers returned to shopping centres

Date 30.06.2020
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  3. In May, customers returned to shopping centres
According to Statistics Estonia, in May 2020, the turnover of retail trade enterprises was 625 million euros. Compared to May 2019, turnover decreased by 1% at constant prices.

Construction price index continued a moderate rise

Date 22.04.2019
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  3. Construction price index continued a moderate rise
According to Statistics Estonia, the change of the construction price index in the 1st quarter of 2019 was 0.5% compared to the 4th quarter of 2018, and 2.0% compared to the 1st quarter of 2018.

In 2016 the total profit of the business sector decreased

Date 27.02.2017
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  3. In 2016 the total profit of the business sector decreased
According to the preliminary data of Statistics Estonia, in 2016 the total profit of the business sector was 2.7 billion euros, which was 10% less than the year before. The business sector’s total profit decreased for second year in a row.

In the 2nd quarter the economy was continuously in decline

Date 08.09.2009
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  3. In the 2nd quarter the economy was continuously in decline
According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia decreased by 16.1% in the 2nd quarter of 2009 compared to the same quarter in the previous year. The GDP decreased successively for six quarters.

In the 3rd quarter, the number of job vacancies increased 3% year over year

Date 08.12.2015
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  3. In the 3rd quarter, the number of job vacancies increased 3% year over year
According to Statistics Estonia, there were almost 8,900 job vacancies in the enterprises, institutions and organisations of Estonia in the 3rd quarter of 2015. The number of job vacancies increased by 4.8% compared to the previous quarter and by 3.3% compared to the 3rd quarter of 2014.

The profit of the business sector decreased in the 1st quarter

Date 04.06.2015
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  3. The profit of the business sector decreased in the 1st quarter
According to Statistics Estonia, in the 1st quarter of 2015, the total profit of the business sector was 650 million euros, which was 9% less than in the same period a year ago.

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