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Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.

National accounts are a kind of an accounting system for the country, showing how the economy is performing. Economic growth is mainly measured by the gross domestic product (GDP) and gross national income (GNI). The higher these indicators, the better Estonia and the people living here are doing. In addition to aggregate indicators, we analyse data by sectors and compile input-output tables to study the interactions between sectors of the economy. National accounts provide information on changes in the gross domestic product (GDP); gross national income; productivity indicators; financial

For warm homes, street lighting or to drive cars we need energy, which can be obtained from renewable and non-renewable sources. Energy is an area of the national economy, research and technology, covering energy production, conversion, transfer and use. Energy statistics give an overview of the production and consumption of energy by month and year as well as information about the prices of electricity, natural gas and fuels. To produce energy statistics, Statistics Estonia collects the following data: production volumes by type of energy; energy consumption volumes of household and

Travelling is a great way to see life in neighbouring countries or in faraway places. Hundreds of millions of people travel every day – for work, vacation or to broaden one’s horizons. Visa-free travel in the Schengen area and the adoption of the euro have encouraged people to visit Estonia and made it easier for Estonian people to travel abroad. World Tourism Day is celebrated each year on September 27. Statistics Estonia publishes the following tourism statistics: travelling of Estonian residents, including number of domestic and foreign trips, purposes of trips, destination countries and

For work, people receive pay, or wages and salaries, which is agreed compensation for fulfilling work tasks. In addition to the sum that the employer pays to the employee, the employer pays labour taxes on that sum, which together with the wages constitute labour costs. Wages are an important source of income, and their main purpose is to cover expenses on dwelling, food, transportation and other basic needs. This is why the law regulates the minimum an employee could be paid for full-time work. The minimum wage is set to protect the well-being of employees. The statistics on wages and