Today's young entrepreneurs may well shape our future economic prosperity. But who are Estonia's young entrepreneurs and what are the factors influencing youth towards entrepreneurship?
According to Statistics Estonia, in November 2022, Estonian accommodation establishments served nearly 226,000 tourists, which is 35% more than in November 2021. There was a rise in the number of both foreign* and domestic tourists.
The international Survey of Adult Skills (PIAAC), which aims to collect data on people’s everyday competencies such as literacy, numeracy, information-seeking, use of computers and information technology, as well as their education and work experience, begins today. This is the second time that Estonia has participated in the survey.
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 0.3% in December 2022 compared with November 2022 and by 16.6% compared with December 2021.
According to the preliminary data of the Agricultural Census conducted by Statistics Estonia, there are 11,400 agricultural holdings in Estonia, which is 3,800 fewer than ten years ago. 84% of the agricultural output is contributed by 1,300 largest producers who use more than two thirds of the utilised agricultural area and account for more than a half of agricultural labour.
According to Statistics Estonia, in 2022, fish farming enterprises sold 801 tonnes of commercial fish and crayfish, for a total of 4.9 million euros. The sale of fish roe amounted to 2.7 tonnes. The sold quantity of fish farming production decreased for the third year in a row. The quantity of fish roe sold in 2022 was 8 times smaller than the year before.
According to Statistics Estonia, in October 2020, the turnover of retail trade enterprises was 665 million euros. Compared to October 2019, turnover increased by 6% at constant prices.
According to Statistics Estonia, in the third quarter of 2022, there were 13,190 job vacancies in the enterprises, institutions and organisations of Estonia. This is 15% more than in the same quarter of 2021. Over 5,000 people left their jobs at the initiative of the employer.
According to Statistics Estonia, in July, the total production of industrial enterprises decreased 6.4% at constant prices compared with July 2021. Output rose in one of the three sectors – up 5.2% in electricity production – but fell 6.4% in manufacturing and 17.5% in mining.
According to Statistics Estonia, in August 2020, the turnover of retail trade enterprises was 667 million euros. Compared to August 2019, turnover increased by 4% at constant prices.