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Article

Recession was wide-ranging in the first quarter

Kuupäev 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

In December, rising food prices had the biggest impact on the producer price index

Kuupäev 20.01.2023
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  3. In December, rising food prices had the biggest impact on the producer price index
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.3% in December 2022 compared with November 2022 and by 16.6% compared with December 2021.

The profit of the business sector increased in the 2nd quarter

Kuupäev 29.08.2017
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  3. The profit of the business sector increased in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2017, the total profit of the business sector was 827 million euros, which was 22% more than in the same period the year before.

In the last quarter of 2023, the average monthly gross wages were 1,904 euros

Kuupäev 06.03.2024
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  3. In the last quarter of 2023, the average monthly gross wages were 1,904 euros
According to Statistics Estonia, in the fourth quarter of 2023, the average monthly gross wages and salaries were 1,904 euros, which is 9.7% higher than in the same quarter the year before. In 2023 as a whole, the average monthly gross wages and salaries were 1,832 euros, up by 11.3% compared with 2022. The median monthly gross wages were 1,578 euros in the fourth quarter of 2023 and 1,501 euros in 2023 overall.

In the 3rd quarter, the number of job vacancies reached a record high of 11,000

Kuupäev 08.12.2016
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  3. In the 3rd quarter, the number of job vacancies reached a record high of 11,000
According to Statistics Estonia, there were about 11,000 job vacancies in the enterprises, institutions and organisations of Estonia in the 3rd quarter of 2016. The number of job vacancies reached a 7-year high, having increased by 16% compared to the previous quarter and by 25% compared to the 3rd quarter of 2015.

Construction prices grew by 17.8% last year

Kuupäev 23.01.2023
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  3. Construction prices grew by 17.8% last year
According to Statistics Estonia, in 2022, the construction price index increased by 17.8% compared with the average of 2021. In the fourth quarter of 2022, the construction price index increased by 1.9% compared with the third quarter of 2022. The rise in the index compared with the fourth quarter of 2021 was again record high at 16.1%.

In the first quarter, the average wages and salaries were 1,741 euros, median 1,424 euros

Kuupäev 25.05.2023
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  3. In the first quarter, the average wages and salaries were 1,741 euros, median 1,424 euros
According to Statistics Estonia, the average gross monthly wages and salaries in the first quarter of 2023 were 1,741 euros, which is 13.3% higher than at the same time last year. The median wages, however, were 1,424 euros. The average real wages in the first quarter of 2023 were 1,443 euros, 3.2% lower than last year.

Economic growth slowed down in 2013

Kuupäev 11.03.2014
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  3. Economic growth slowed down in 2013
According to Statistics Estonia, the gross domestic product (GDP) of Estonia in 2013 increased 0.8% compared to the previous year. In the 4th quarter of 2013, the Estonian economy grew 0.3% compared to the 4th quarter of 2012.

Construction volume fell in the third quarter

Kuupäev 25.11.2022
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  3. Construction volume fell in the third quarter
According to Statistics Estonia, in the third quarter of 2022, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 3% year on year at constant prices. Considering only the domestic market, the construction volume fell by 4%.

Higher cost of building materials keeps the construction price index rising

Kuupäev 21.07.2022
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  2. Higher cost of building materials keeps the construction price index rising
According to Statistics Estonia, in the second quarter of 2022, the construction price index increased by 4.9% compared with the first quarter of 2022 and by 18.8% compared with the second quarter of 2021.

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