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In January, the biggest number of foreign tourists came from Latvia

Date 09.03.2022
Article
According to Statistics Estonia, in January 2022, Estonian accommodation establishments served over 158,000 tourists, which is 64% more than in January 2021. The numbers of domestic tourists and foreign tourists both increased.

Excessive Deficit Procedure (EDP)

Basic page
Article 104 of The Treaty establishing the European Community comprises a commitment for the EU Member States to avoid excessive budgetary deficits. In particular, Member States shall comply with budgetary discipline by respecting two criteria defined in the Annex to the Treaty, the Protocol no 20 on the excessive deficit procedure. The reference values not to be exceeded are: 3% for the ratio of the public deficit to the GDP at market prices 60% for the ratio of the public debt to the GDP at market prices Article 104 also sets out a procedure, known as Excessive Deficit Procedure, to be

Industry

Area
Industry is the largest sector of the Estonian economy and an important driver of economic growth. Industrial enterprises create many jobs and provide opportunities for enterprises in other sectors as well. Industry includes the mining and processing of natural resources; energy production and the manufacture of equipment, machinery and products; the processing of agricultural products; the processing of manufactured products. Statistics Estonia collects and publishes economic indicators for three industrial activities – mining, energy production and manufacturing. The mining industry includes

The gender pay gap is the largest in financial and insurance activities

Date 24.04.2025
Article
Sigrid Saagpakk, analyst at Statistics Estonia, explained that the gender pay gap was over 20% in five economic activities: financial and insurance activities (25.5%), information and communication (24.4%), wholesale and retail trade, repair of motor vehicles and motorcycles (23.5%), human health and social work activities (20.7%), and manufacturing (20.2%). Compared with 2023, the gender pay gap in other service activities changed the most, from −18.4% in 2023 to 14.8% in 2024. Last year, the gender pay gap was negative only in one activity – transportation and storage (−7.1%). “It means that

Wages and salaries and labour costs

Area
For work, people receive pay, or wages and salaries, which is agreed compensation for fulfilling work tasks. In addition to the sum that the employer pays to the employee, the employer pays labour taxes on that sum, which together with the wages constitute labour costs. Wages are an important source of income, and their main purpose is to cover expenses on dwelling, food, transportation and other basic needs. This is why the law regulates the minimum an employee could be paid for full-time work. The minimum wage is set to protect the well-being of employees. The statistics on wages and

In October, the industrial producer price index decreased

Date 22.11.2021
Article
In October 2021, 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, decreased by 0.1% compared to September 2021 and increased by 19.0% compared to October 2020.