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GDP flash estimate: recession slowed down in Q2
According to Statistics Estonia's preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the second quarter of 2024. GDP fell by approximately 1.7% compared with the second quarter of 2023.
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Young workers are turning away from the information and communication sector
Statistics Estonia's short-term labour market statistics show that over the past year and a half, there have been fewer young people aged 20–29 working in both the broader information and communication sector and the more specific field of computer programming. While in previous years the field of computer programming was growing mainly because of young people, in the past year their numbers have fallen.
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Sown area of potatoes smaller than ever before
According to preliminary data of Statistics Estonia and the Agricultural Registers and Information Board (ARIB), the utilised agricultural area this year is 983,400 hectares, which is 4,400 hectares less than in 2023. There has been a slight decrease in arable land, as well as in the area of fruit and berry plantations. The sown area of potatoes, which has been in decline for a long time, continues the trend and is 8% smaller in 2024 than the year before.
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Information for API users: data on the travelling of Estonian residents are published in separate tables from 28 June
As of 28 June, annual and quarterly data on the travelling of Estonian residents are published in separate tables. The changes will primarily affect users accessing these data with a machine-to-machine interface.
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Long-term unemployment is increasing
According to Statistics Estonia, the unemployment rate rose to 15.5% in the 4th quarter of 2009, the annual average unemployment rate was 13.8%. Almost one third of the unemployed have been unemployed for a year or more.
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The end of the year brought positive changes on the real estate market
According to Statistics Estonia, in 2009, 26,550 purchase-sale transactions of real estate with the total value of 18 billion kroons were notarised. If in the three first quarters of the year the number of purchase-sale transactions was smaller compared to the corresponding quarters of 2008, then in the 4th quarter a growth took place.
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Decline in the economy decelerated in the 4th quarter
According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia decreased by 9.4% in Estonia in the 4th quarter of 2009 compared to the same quarter in the previous year.
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Last year the number of tourists in accommodation establishments decreased
According to Statistics Estonia, in 2009, 2.1 million foreign and domestic tourists stayed in accommodation establishments. Compared to the previous year, the number of tourists decreased by a tenth.
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Last year Estonia’s trade deficit was the smallest during the last 15 years
According to the preliminary data of Statistics Estonia, in 2009 exports of goods from Estonia amounted to 101.3 billion kroons at current prices and imports to Estonia made up 114.2 billion kroons. The foreign trade deficit amounted to 12.9 billion kroons, which was smaller last in 1995.
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Consumer price index in January
According to Statistics Estonia, the consumer price index decreased 0.7% in January 2010 compared to January of the previous year and increased 0.4% compared to December.
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In December the decrease in retail sales slowed down to some extent
According to Statistics Estonia, in December 2009 compared to December of the previous year the retail sales of goods of retail trade enterprises decreased 15% at constant prices. The decline in retail sales which had stood within the limits of 17% during the previous months slowed down to some extent in December.
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2009 was hard for Estonian industry
According to Statistics Estonia, in 2009 compared to the previous year, the production of industrial enterprises decreased 26%.
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The number of dairy cows kept decreasing
According to the preliminary data of Statistics Estonia, there were 95,800 dairy cows in Estonia in 2009, which makes 5% less compared to the previous year.
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Record yield of rape seed was harvested last year
According to the preliminary data of Statistics Estonia, the cereal production was 879,000 tons in 2009, which was 2% more than in the previous year. The yield of rape and turnip rape seed was the largest of the last decade — 135,700 tons.
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In November exports of mineral products and wood increased
According to Statistics Estonia, in November 2009 exports of goods from Estonia at current prices totalled 9.1 billion kroons and imports to Estonia amounted to 10.3 billion kroons. Compared to November 2008, total exports declined by 8% but exports of mineral products (incl. petroleum products) and of wood and products thereof increased.
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Population stands at 1.34 million
According to Statistics Estonia, by preliminary estimation the population in Estonia on 1 January 2010 was 1,340,000. Due to the decrease in the number of deaths the decline in population number slowed down last year.