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Article

Turnover and investments of the business sector increased

Kuupäev 27.02.2020
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  3. Turnover and investments of the business sector increased
According to the preliminary data of Statistics Estonia, in 2019, turnover increased in most economic activities. Trade, manufacturing and information and communication enterprises contributed the most to the turnover of the business sector. The growth in the sector’s turnover was negatively affected mainly by energy and mining.

In 2017, the volume of industrial production increased

Kuupäev 31.01.2018
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  3. In 2017, the volume of industrial production increased
According to the preliminary data of Statistics Estonia, in 2017, the production of industrial enterprises rose 8% compared to the previous year. Production volume increased in energy, mining and manufacturing.

In November, the trade deficit decreased

Kuupäev 09.01.2019
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  3. In November, the trade deficit decreased
According to Statistics Estonia, in November 2018, the exports of goods increased by 18% and imports by 15% compared to November 2017. The trade deficit was 56 million euros. The last time the balance was under 60 million euros was in January 2015.

Exports of goods of Estonian origin decreased in June

Kuupäev 09.08.2023
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  3. Exports of goods of Estonian origin decreased in June
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.

Exports of services up by 7% and imports by 5% in 2024

Kuupäev 04.03.2025
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  3. Exports of services up by 7% and imports by 5% in 2024
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total

The Farm Structure Survey has begun

Kuupäev 12.09.2013
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  3. The Farm Structure Survey has begun
The Farm Structure Survey (FSS) is conducted in Estonia from the beginning of September until 15 November. The results of the FSS, which is carried out in all European Union countries, serve as input for the Common Agricultural Policy of the European Union.

The construction price index took a downturn in the 1st quarter

Kuupäev 21.04.2014
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  3. The construction price index took a downturn in the 1st quarter
According to Statistics Estonia, compared to the previous quarter, the construction price index took a downturn in the 1st quarter of 2014 after three years of growth. The percentage change of the construction price index in the 1st quarter of 2014 was –0.1% compared to the 4th quarter of 2013 and 2.3% compared to the 1st quarter of 2013.

In October the decrease of the producer price index continued

Kuupäev 20.11.2012
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  3. In October the decrease of the producer price index continued
According to Statistics Estonia, in October 2012 the producer price index of industrial output changed by -0.1 % compared to September 2012 and by 2.0% compared to October of the previous year.

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.

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.

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