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General government deficit decreased last year, the debt level was stable (corrected on 24.03.2023)

Date 24.03.2023
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  3. General government deficit decreased last year, the debt level was stable (corrected on 24.03.2023)
According to the preliminary data of Statistics Estonia, in 2022, the Estonian general government deficit was 1% and the debt level was 18% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 335 million euros.

Estonia’s exports of services were boosted by trade with Finland

Date 13.06.2022
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  2. Estonia’s exports of services were boosted by trade with Finland
According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

Foreign trade in services in surplus last year

Date 14.03.2023
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  3. Foreign trade in services in surplus last year
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2022, Estonia’s exports of services grew by 12% and imports by 25% at current prices compared with the fourth quarter in 2021. Services were sold to non-residents for a total of 3 billion and purchased for 2.2 billion euros. The balance of foreign trade in services was therefore in surplus by 765 million euros in the fourth quarter, which is 125 million euros less than in the same period a year earlier. In 2022 as a whole, exports of services grew by 31% and imports by 19%.

In May, the number of foreign tourists grew but was still below the level of 2019

Date 07.07.2023
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  3. In May, the number of foreign tourists grew but was still below the level of 2019
According to Statistics Estonia, 265,000 tourists stayed in accommodation establishments in May 2023, which is 7% more than in May last year. The number of foreign tourists increased, but there were fewer domestic tourists.

Exports of services up by 8% in the third quarter

Date 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

Estonian residents are travelling more and more

Date 03.10.2023
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  3. Estonian residents are travelling more and more
According to Statistics Estonia’s Tourism Survey*, Estonian residents made more trips in the first half of 2023 than in the same period of 2022. Finland and Latvia are the most popular destinations, and many trips are also made to Italy and Turkey.

Number of accommodated Finnish tourists grew considerably in September

Date 08.11.2022
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  3. Number of accommodated Finnish tourists grew considerably in September
According to Statistics Estonia, in September 2022, Estonian accommodation establishments served nearly 260,000 tourists, which is 21% more than in September last year. The number of foreign tourists* increased while the number of domestic tourists fell.

At-risk-of-poverty rate is highest among the elderly, while among families with children it is highest for single parents (corrected on 09.12.2022)

Date 08.11.2022
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  3. At-risk-of-poverty rate is highest among the elderly, while among families with children it is highest for single parents (corrected on 09.12.2022)
According to Statistics Estonia, 22.8% of Estonia’s population lived at risk of poverty and 1.4% in absolute poverty in 2021. Compared with 2020, the share of people living at risk of poverty rose 2.2% and the share of people living in absolute poverty fell 0.8%.

Growth in life expectancy has slowed down, but Estonian people live a longer healthy life

Date 25.08.2021
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  2. Growth in life expectancy has slowed down, but Estonian people live a longer healthy life
According to Statistics Estonia, in 2020, life expectancy at birth for Estonian inhabitants was 78.8 years. Male life expectancy was 74.4 years and female life expectancy was 82.8 years for the second year in a row. Men are expected to live disability-free for 55.5 years and women for 59.5 years.

Both exports and imports of services increased in the first quarter

Date 13.06.2023
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  3. Both exports and imports of services increased in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2023, Estonia’s exports of services grew by 15% and imports by 11% at current prices compared with the first quarter of 2022.

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