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Venue

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The workshop will be held at Radisson Blu Hotel Olumpia, in conference room Omega. Radisson Blu Hotel Olumpia is located in the city centre. The conference room is situated on the second floor of the building. The venue and its surroundings are modern and business-orientated. You will be provided with comfy chairs for the busy two days and tables for making notes. There are two shopping centres near the venue: Stockmann and Viru Keskus. How to get to the venue By bus: From the Lennujaam stop, take bus 2, 121, 132, 135, 138 or 214 to the Sossimägi stop. Switch to bus 54 and get off at the

Financial statistics of enterprises

Area

What economic activities have the largest turnover? Who invests the most? Financial statistics of enterprises help to assess how enterprises and the economy are doing in Estonia. Progressive enterprises increase productivity and break into international markets. They can offer more jobs and pay a more competitive salary. This has a positive impact primarily on working-age population in the areas where the successful enterprises operate, as well on the Estonian economy as a whole. Statistics Estonia publishes financial statistics of Estonian enterprises by year and quarter, economic activity

General government debt continued to grow in 2024, while the budget deficit decreased

Kuupäev 25.03.2025

Article

In Estonia, the general government sector comprises three sub-sectors: central government, local governments, and social security funds. The central government sub-sector includes state budget units, foundations, and legal entities governed by public law. The local government sub-sector includes city and rural municipality governments with their subsidiary units, and foundations. Pauline Kommer, team lead of government finance statistics at Statistics Estonia, said that both the central government and local governments ended 2024 in deficit. “The deficit was 553.9 million euros for the central

Government finance

Area

General government finance statistics cast light on the use of state funds. In Estonia, the general government sector is divided into three: central government comprising state budget units and extra-budgetary funds, foundations and legal entities governed by public law; local governments, i.e. city and rural municipality administrations with their subsidiary units; social security funds: Estonian Health Insurance Fund and Estonian Unemployment Insurance Fund. General government finance statistics cover general government financial indicators, such as tax receipts, general government revenue

General government deficit and debt increased last year

Kuupäev 25.03.2024

Article

According to the preliminary* data of Statistics Estonia, in 2023, the Estonian general government deficit was 3.4% and the debt level was 19.6% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 1.3 billion euros.

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025

Article

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

The economy contracted by 3% last year

Kuupäev 01.03.2024

Article

According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

Classification of Economic Activities in Estonia (EMTAK)

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The Classification of Economic Activities in Estonia (EMTAK) is the basis for defining the field of activity of enterprises and organisations and an important source of information for Statistics Estonia when producing sectoral statistics. Classification by activities also allows for international comparability within a sector. The classification of activities is hierarchical in structure, divided into five levels. The first four levels correspond to the Classification of Economic Activities in the European Community (NACE) and the fifth level is national, which has been created taking into

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024

Article

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The