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Article

The business sector’s profit in the 2nd quarter was mainly based on domestic consumption

Date 05.09.2012
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  3. The business sector’s profit in the 2nd quarter was mainly based on domestic consumption
According to Statistics Estonia, in the 2nd quarter of 2012, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

Information and communications technologies sector gave 5% of the net sales of the business sector

Date 17.06.2009
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  3. Information and communications technologies sector gave 5% of the net sales of the business sector
According to Statistics Estonia, in the 1st quarter of 2009, 1,700 enterprises operated in the information and communications technologies (ICT) sector, which gave 5% of the net sales of the business sector.

In the 2nd quarter, the total profit of the business sector remained on the level of the previous year

Date 03.09.2014
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  3. In the 2nd quarter, the total profit of the business sector remained on the level of the previous year
According to Statistics Estonia, in the 2nd quarter of 2014, the total profit of the business sector was 836 million euros, remaining the same compared to the 2nd quarter a year ago.

In the 3rd quarter, the total profit of the business sector was smaller than a year ago

Date 04.12.2014
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  3. In the 3rd quarter, the total profit of the business sector was smaller than a year ago
According to Statistics Estonia, in the 3rd quarter of 2014, the total profit of the business sector was 859 million euros, 7% less than the same time a year ago.

Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined

Date 28.07.2026
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  3. Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined
In July, the enterprises’ confidence indicator remained the highest in trade (+10.5), although compared with June, trade enterprises have become more cautious in forecasting sales for the next three months. The indicator was +6.5 in the services sector and +0.3 in the industry sector. The confidence indicator remained the lowest in the construction sector (-14.6). As in the previous month, construction enterprises consider insufficient demand to be the main factor limiting construction activity. In addition, compared with June, there has been an increase in the share of enterprises which

In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly

Date 25.06.2026
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  3. In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly
In June, the enterprises’ confidence indicator was the highest in trade (+20.5); it was +3.1 in the services sector and -3.8 in the industry sector. The confidence indicator was the lowest in the construction sector (-12), where insufficient demand was considered the main factor limiting construction activity. The consumer confidence indicator was -29 in June. Month on month, confidence improved among consumers as well as among enterprises in the trade, construction and services sectors. Assessments by industry sector enterprises were somewhat more pessimistic. A more detailed look at the

Statistics Estonia starts monitoring consumers’ and enterprises’ economic confidence: each response matters

Date 04.05.2026
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  3. Statistics Estonia starts monitoring consumers’ and enterprises’ economic confidence: each response matters
The monthly surveys allow the regular assessment of current economic tendencies and are also used for forecasting. “Among other things, the economic sentiment surveys reveal whether Estonian households are able to save money or whether they can afford to make major purchases. The business surveys show how enterprises in the construction, industry, trade and services sectors are doing, and which factors influence their performance,” explained Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia. The data collected with the business and consumer

Exports of services exceeded imports by one billion euros for the first time

Date 02.09.2026
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  3. Exports of services exceeded imports by one billion euros for the first time
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, last year, the surplus of foreign trade in services was 600 to 900 million euros each quarter, while in the second quarter this year the surplus of foreign trade in services was over one billion euros for the first time. “The main contributor to this surplus was telecommunications, computer and information services, where exports were 416 million euros higher than imports. About 20% of these services were supplied to the USA and nearly 15% to the United Kingdom. The surplus in foreign trade in services was also boosted by

Exports of services grew by 4% in the first quarter

Date 03.06.2026
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  3. Exports of services grew by 4% in the first quarter
In the first quarter, the balance of foreign trade in services was in surplus by 765 million euros. The surplus increased by 114 million euros compared with the first quarter of 2025. Jane Leppmets, foreign trade analyst at Statistics Estonia, said that exports of services to European Union (EU) countries were up by 7% and intra-EU imports by 5%. She added that extra-EU trade in services declined, with exports falling by 1% and imports by 9%. “The fall in extra-EU exports resulted from the decreased supply of telecommunications, computer and information services to the USA and lower exports of

The share of innovative enterprises in Estonia is growing

Date 08.06.2026
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  3. The share of innovative enterprises in Estonia is growing
The Community Innovation Survey is conducted in European countries every two years, with the most recent survey covering the reference period 2022–2024. Innovation means the introduction of new or significantly improved products or services or the implementation of improved business processes. A product or process innovation could mean the introduction of new technical solutions, the innovative combination of existing and already used technologies, or the application of knowledge available within the enterprise. Hanno Evard, analyst at Statistics Estonia, said that innovative enterprises play

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