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Latest UN projection: world population will continue to grow for at least another 60 years
The most populous country is India, and the world's population will continue to increase until at least 2084. This is according to the population projection published by the United Nations in July.
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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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In summer there were less tourists than a year ago
According to Statistics Estonia, during the three summer months in total more than half a million foreign tourists stayed in accommodation establishments, which was 3% less than at the same time in the previous year.
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Consumer price index in September
According to Statistics Estonia, the consumer price index decreased 1.6% in September 2009 compared to September of the previous year and 0.2% compared to August 2009.
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In August the decrease in retail sales remained
According to Statistics Estonia, the retail sales of goods of retail trade enterprises decreased in August 2009 compared to July this year as well as compared to August of the previous year.
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The trade of high-tech goods is showing a declining trend
According to Statistics Estonia, in 2008 exports of high-tech (HT) goods from Estonia totalled 4.6 billion kroons at current prices and imports of high-tech goods to Estonia amounted to 9.8 billion kroons. The share of HT goods in Estonia’s trade has significantly decreased during the last years.
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In Estonia, young people have suffered the most due to the economic crisis
According to Statistics Estonia, on the labour market of Estonia, young people aged 15–24 have suffered the most due to the economic crisis; their unemployment increased more than three times in the 1st quarter of 2009 compared to the same period of the previous year.
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Last year was profitable for private persons
According to Statistics Estonia, tax benefits turned the year 2008 an unprecedented profitable tax year for the residents of Estonia, enabling substantially to reduce the tax burden of the employed persons.
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The stable decrease in industrial production continues
According to Statistics Estonia, in August 2009 compared to August of the previous year, the production of industrial enterprises decreased 28%. Since February the decrease in production has been within the limits of 30% compared to the same month of the previous year.
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General Government’s deficit stayed within limits
According to adjusted data of Statistics Estonia, the Estonian general government sector deficit in 2008 was 2.7% and gross debt level was 4.6% of Gross Domestic Product (GDP). General government budget’s deficit remained within the limits set out in the Maastricht Treaty.
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Harvesting continues
According to Statistics Estonia, by 15 September, 81% of the sown area of cereals, 21% of the sown area of rape and turnip rape, and 42% of the area under potatoes had been harvested.
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Immigrants with the command of the Estonian language are more successful on the labour market
According to Statistics Estonia, the Immigrant Population Survey reveals that in case of immigrant occupational career the skill of the Estonian language is more important than the immigrant background.
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In July the trade in machinery and equipment declined the most
According to Statistics Estonia, in July 2009 exports of goods at current prices decreased 26% and imports 36% compared to the same period of the previous year. The decline in trade was announced in most commodity sections, the biggest decrease was in exports and imports of machinery and equipment.
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Producer price indices in August
According to Statistics Estonia, in August 2009 the producer price index increased 0.2% compared to July and decreased 1.6% compared to August 2008.