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The number of Finnish tourists tripled in November

Kuupäev 11.01.2023

Article

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 number of tourists in accommodation establishments increased in October

Kuupäev 08.12.2022

Article

According to Statistics Estonia, in October 2022, Estonian accommodation establishments served nearly 270,000 tourists, which is 19% more than in October last year. The number of foreign tourists* rose, while the number of domestic tourists fell.

Economy grew in the 2nd quarter

Kuupäev 08.09.2016

Article

According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 0.8% in the 2nd quarter of 2016 compared to the 2nd quarter of the previous year.

In the first quarter, the average wages and salaries were 1,741 euros, median 1,424 euros

Kuupäev 25.05.2023

Article

According to Statistics Estonia, the average gross monthly wages and salaries in the first quarter of 2023 were 1,741 euros, which is 13.3% higher than at the same time last year. The median wages, however, were 1,424 euros. The average real wages in the first quarter of 2023 were 1,443 euros, 3.2% lower than last year.

In 2018, rapid economic growth continued in Estonia

Kuupäev 28.02.2019

Article

According to Statistics Estonia, in 2018, the gross domestic product (GDP) of Estonia increased 3.9% compared to 2017. For the third consecutive year the economic growth in Estonia was faster than 3%. In the 4th quarter of 2018, the Estonian economy increased by 4.2% compared to the 4th quarter of 2017.

Exports and imports of goods fell significantly in July

Kuupäev 11.09.2023

Article

According to Statistics Estonia, Estonia’s exports of goods in July amounted to 1.3 billion and imports to 1.6 billion euros. Compared with July 2022, exports of goods decreased by 26% and imports by 20% at current prices. The trade deficit in July was 385 million euros, which is 42 million euros more than in the same month last year.

Innovation

Area

Innovation refers to the launch of a new or significantly improved product or service or the introduction of a new business process. The aim of innovation is to create value and gain a competitive advantage, which will benefit the enterprise’s development and increase productivity, simultaneously contributing to economic growth. Product or process innovation can involve the application of new technological solutions, a new combination of existing technologies or the application of the knowledge available to the enterprise. However, innovation may not always result in the launch of a new

In the 3rd quarter, economic growth was driven by transportation, trade and the energy sector

Kuupäev 09.12.2016

Article

According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 1.3% in the 3rd quarter of 2016 compared to the 3rd quarter of the previous year. The biggest contribution to GDP growth was made in the economic activity of transportation, followed by trade and the energy sector.

Construction volume increased by 17%, boosted mainly by the domestic market

Kuupäev 26.08.2021

Article

According to Statistics Estonia, in the second quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 17% year on year. Considering only the Estonian construction market, the growth in construction volume was 18%.

Estimated subsistence minimum

Area

The subsistence minimum is the minimum amount of means of subsistence required to cover a person's daily needs. It serves as the absolute poverty threshold. Subsistence minimum is calculated taking into account food and dwelling expenditures and individual non-food expenditures. Subsistence minimum does not include expenditures on alcohol, tobacco products, package tours, the purchase of transport equipment and expenses in restaurants and hotels. The basis for calculating food expenditure is the minimum estimated food basket (2,400 kcal per day). It includes food products that cover a person’s