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Article

The economy grew 0.5% in the 3rd quarter

Kuupäev 11.11.2015
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  3. The economy grew 0.5% in the 3rd quarter
According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 0.5% in the 3rd quarter of 2015 compared to the same quarter of the previous year.

Number of economic units up last year

Kuupäev 23.05.2018
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  3. Number of economic units up last year
In 2017, there were approximately 158,000 economically active units. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

In the second quarter, Estonian economy contracted by 6.9%

Kuupäev 31.08.2020
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  3. In the second quarter, Estonian economy contracted by 6.9%
According to Statistics Estonia, in the 2nd quarter of 2020, the gross domestic product (GDP) fell by 6.9% compared to the 2nd quarter of 2019. The GDP at current prices was 6.4 billion euros.

Construction volumes increased in the 2nd quarter

Kuupäev 28.08.2017
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  3. Construction volumes increased in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2017 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 18%. Taking into account only the Estonian construction market, the construction volumes increased 25%.

In the 3rd quarter, trade growth slowed

Kuupäev 09.11.2017
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  3. In the 3rd quarter, trade growth slowed
According to Statistics Estonia, in the 3rd quarter, compared to the 3rd quarter of the previous year, exports grew 4% and imports 6%. Compared to the 1st and 2nd quarter of 2017, trade slowed in the 3rd quarter.

Telecommunications, computer and information services had the biggest trade surplus in the second quarter

Kuupäev 10.09.2024
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  3. Telecommunications, computer and information services had the biggest trade surplus in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

Unemployment decreased in the 2nd quarter

Kuupäev 14.08.2014
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  3. Unemployment decreased in the 2nd quarter
According to Statistics Estonia, unemployed persons numbered 47,000 and the unemployment rate was 6.9% in the 2nd quarter of 2014. Employment increased compared to the 1st quarter, but decreased compared to the same quarter of the previous year. This shows that Estonia is gradually facing the consequences of declining labour force.

Industrial production fell to the level of a decade ago

Kuupäev 29.05.2020
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  3. Industrial production fell to the level of a decade ago
According to Statistics Estonia, in April 2020, the production of industrial enterprises decreased by 17% compared to April 2019. Production decreased in all three industrial activities: manufacturing, energy production and mining.

Economic growth accelerated in the 1st quarter

Kuupäev 09.06.2011
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  3. Economic growth accelerated in the 1st quarter
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 8.5% in the 1st quarter of 2011 compared to the same quarter in the previous year. The GDP growth has gradually accelerated since the 2nd quarter of the previous year.

Enterprises can now compare themselves in eSTAT

Kuupäev 21.05.2019
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  3. Enterprises can now compare themselves in eSTAT
Statistics Estonia’s data submission environment eSTAT now allows respondent enterprises to compare their wages, profit and turnover with indicators of the same economic activity and Estonian averages. eSTAT displays personalised statistics currently to nearly 20,000 enterprises.

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