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Article

Economic growth in Estonia increased significantly

Date 13.06.2018
Article
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  3. Economic growth in Estonia increased significantly
Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.

Positive trends in foreign trade continued in February

Date 09.04.2021
Article
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  2. Positive trends in foreign trade continued in February
According to Statistics Estonia, in February, exports of goods increased by 16% and imports by 10% year on year. The growth in foreign trade was significantly boosted by trade in mineral products and wood and articles of wood.

In March, exports of mechanical appliances decreased the most

Date 11.05.2020
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  3. In March, exports of mechanical appliances decreased the most
According to Statistics Estonia, in March 2020, compared to March 2019, the exports of goods decreased by 1% and imports by 2%. Compared to the first quarter of 2019, exports declined by 3% and imports by 4%. In the first quarter, trade decreased mostly due to declined exports and imports of electrical equipment and mineral products.

In the 2nd quarter, the average monthly gross wages and salaries rose almost six per cent year over year

Date 01.09.2015
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  3. In the 2nd quarter, the average monthly gross wages and salaries rose almost six per cent year over year
According to Statistics Estonia, in the 2nd quarter of 2015, the average monthly gross wages and salaries were 1,082 euros. Compared to the 1st quarter, the average monthly gross wages and salaries increased by 7.1%, and compared to the 2nd quarter of 2014, the average monthly gross wages and salaries increased by 5.8%.

In April, trade grew by a half

Date 09.06.2021
Article
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  2. In April, trade grew by a half
According to Statistics Estonia, in April, exports of goods increased by 54% and imports by 51% year on year. The trade growth was influenced by last year’s low reference base as well as by the increase in exports and imports of mineral products, electrical equipment and transport equipment.

The decrease in industrial production continued in July

Date 31.08.2009
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  3. The decrease in industrial production continued in July
According to Statistics Estonia, in July 2009 compared to July of the previous year, the production of industrial enterprises decreased 28%. The decline in industrial production that had started at the end of the previous year continued in July.

In the 2nd quarter the average monthly gross wages and salaries grew, but the real wages continued to fall

Date 30.08.2011
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  3. In the 2nd quarter the average monthly gross wages and salaries grew, but the real wages continued to fall
According to Statistics Estonia, in the 2nd quarter of 2011, the average monthly gross wages and salaries were 857 euros and they grew 4.2% compared to the same quarter of the previous year. But the real wages continued the falling trend, which had lasted for over two years and a half already.

In June the slowdown in the growth of industrial production continued

Date 29.07.2011
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  3. In June the slowdown in the growth of industrial production continued
According to Statistics Estonia, in June 2011 the production of industrial enterprises grew 24% compared to June of the previous year. If at the beginning of the year the production grew around 30%, then in May and June the growth of industrial production slightly slowed down compared to the same month of the previous year.

The slowdown in the growth of industrial production continued in October

Date 02.12.2011
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  3. The slowdown in the growth of industrial production continued in October
According to Statistics Estonia, in October 2011, the production of industrial enterprises grew 2% compared to the same month of the previous year. The annual growth of industrial production was smaller than in the previous month. The slowdown of the growth was most of all influenced by the production of electronic products and energy.

The decrease in the average monthly gross wages and salaries was replaced with the increase

Date 30.08.2010
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  3. The decrease in the average monthly gross wages and salaries was replaced with the increase
According to Statistics Estonia, in the 2nd quarter of 2010, the average monthly gross wages and salaries were 12,869 kroons (822 euros) and the hourly gross wages and salaries were 75.81 kroons (4.85 euros). Compared to the 2nd quarter of the previous year, the average monthly gross wages and salaries were by 1.2% higher and the average hourly gross wages and salaries were by 1.7% lower.

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