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Exports and imports of goods down in May

Kuupäev 10.07.2024
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  3. Exports and imports of goods down in May
According to Statistics Estonia, in May 2024, Estonia’s exports of goods decreased by 6% and imports by 13% compared with May 2023. Exports of goods amounted to nearly €1.6 billion and imports to almost €1.7 billion at current prices. The trade deficit was €144 million, which is €170 million less than in May last year.

The economy continued to grow slightly in Q3

Kuupäev 01.12.2025
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  3. The economy continued to grow slightly in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that although the economy has shown slight growth for two consecutive quarters, the contribution of most sectors has remained insignificant. “Manufacturing was the biggest positive contributor to GDP in the third quarter, with its value added growing by 7.9%. The last time this sector performed so well was in the fourth quarter of 2021. However, it must be noted that production figures were still modest,” noted Müürsepp. In addition to manufacturing, the largest positive contributors to the economy were the energy

What influences youth towards entrepreneurship?

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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?

Number of unemployed persons down in third quarter

Kuupäev 14.11.2025
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  3. Number of unemployed persons down in third quarter
“In the third quarter, overall labour market indicators improved compared with both the third quarter of last year and the second quarter of this year,” stated Tea Vassiljeva, analyst at Statistics Estonia. She added that there were a total of 54,200 unemployed persons in the third quarter, which is 5,000 fewer than in the second quarter and 2,100 fewer than in the third quarter of last year. The unemployment rate (7.1%), i.e. the share of the unemployed in the labour force, was 0.3 percentage points lower in the third quarter than in the same quarter last year (7.4%) and 0.7 percentage points

Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Trade in goods with EU countries decreased the most in March

Kuupäev 10.05.2024
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  3. Trade in goods with EU countries decreased the most in March
According to Statistics Estonia, in March 2024, exports of goods decreased by 16% and imports by 15% compared with March 2023. Exports of goods amounted to about 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 216 million euros, which is 14 million euros less than in March last year.

In manufacturing, prices have risen for several months in a row

Kuupäev 20.12.2024
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  3. In manufacturing, prices have risen for several months in a row
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with November 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils and fabricated metal products. “Increased prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of food products had the opposite effect on the index, so that prices in manufacturing as a whole rose by 1.1% in November. In manufacturing, prices have increased for several months

The gender pay gap is the largest in financial and insurance activities

Kuupäev 24.04.2025
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  3. The gender pay gap is the largest in financial and insurance activities
Sigrid Saagpakk, analyst at Statistics Estonia, explained that the gender pay gap was over 20% in five economic activities: financial and insurance activities (25.5%), information and communication (24.4%), wholesale and retail trade, repair of motor vehicles and motorcycles (23.5%), human health and social work activities (20.7%), and manufacturing (20.2%). Compared with 2023, the gender pay gap in other service activities changed the most, from −18.4% in 2023 to 14.8% in 2024. Last year, the gender pay gap was negative only in one activity – transportation and storage (−7.1%). “It means that

The producer price index rose by 0.2% in October year on year

Kuupäev 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

Internet use is increasing in Estonia

Kuupäev 14.09.2023
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  3. Internet use is increasing in Estonia
According to Statistics Estonia*, 93.2% of households in Estonia have an internet connection at home. The number of households with an internet connection has increased by 13,000 compared with the previous year, when there were 533,300 such households. There are also more users of e-commerce.

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