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Article

The growth in business sector is slowing down

Kuupäev 06.12.2011
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  3. The growth in business sector is slowing down
According to Statistics Estonia, in the 3rd quarter of 2011, 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. At the same time the continually improving comparison basis turns the growth rate slower.

Average wages and salaries were €2,007 in Q2

Kuupäev 26.08.2024
Article
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  3. Average wages and salaries were €2,007 in Q2
According to Statistics Estonia, the average monthly gross wages and salaries in the second quarter of 2024 were €2,007, which is 7.2% higher than in the same quarter the year before. The median wages were €1,641 in the second quarter of this year and €1,524 in the same quarter of 2023.

Job vacancies and labour turnover

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  3. Job vacancies and labour turnover

Industrial enterprises are recovering from the crisis

Kuupäev 08.07.2021
Article
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  2. Industrial enterprises are recovering from the crisis
​Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of three industrial activities: mining, energy production and manufacturing. Helle Bunder, analyst at Statistics Estonia, noted that May was the month last year when manufacturing volumes decreased the most due to the coronavirus pandemic. “In connection with the low reference base, manufacturing production has increased by 18.5% year on year,” said Bunder. Production increased in all manufacturing activities. Among the activities with

Construction volume increased by more than a fourth in the previous year

Kuupäev 29.02.2012
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  3. Construction volume increased by more than a fourth in the previous year
According to the preliminary data of Statistics Estonia, in 2011 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 1.7 billion euros, which is 27% more than the year before. Construction volumes, which had started to decline in 2008, took an upturn in 2011.

Industrial producer price index rose by almost 32% year on year

Kuupäev 20.05.2022
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  2. Industrial producer price index rose by almost 32% year on year
In April 2022, 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 2.8% compared to March 2022 and by 31.8% compared to April 2021.

Exports and imports of goods fell significantly in July

Kuupäev 11.09.2023
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  3. Exports and imports of goods fell significantly in July
According to Statistics Estonia, Estonia’s exports of goods in July amounted to 1.3 billion and imports to 1.6 billion euros. Compared with July 2022, exports of goods decreased by 26% and imports by 20% at current prices. The trade deficit in July was 385 million euros, which is 42 million euros more than in the same month last year.

In the third quarter, exports of services grew by 12% and imports by 13%

Kuupäev 02.12.2025
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  3. In the third quarter, exports of services grew by 12% and imports by 13%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that other business services are the most popular type of services exported and imported by Estonian economic units. In the third quarter, the biggest growth in both exports and imports of services was recorded in trade in other business services. Other business services include, for example, services related to research and development; legal, accounting, management consulting and advertising services; waste treatment and agricultural services. A wide range of other services are included as well. “In Estonia, other business

In 2022, trade of goods increased, trade deficit was 3.3 billion euros

Kuupäev 09.02.2023
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  3. In 2022, trade of goods increased, trade deficit was 3.3 billion euros
According to Statistics Estonia, exports of goods increased by 17% and imports by 23% in 2022 compared with 2021. In December 2022, both exports as well as imports remained at the level of 2021.

Economic growth is continually driven by vigorous exports in manufacturing

Kuupäev 12.05.2011
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  3. Economic growth is continually driven by vigorous exports in manufacturing
According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia increased by 8% in the 1st quarter of 2011 compared to the same quarter of the previous year.

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