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Estonian residents have become more aware of the importance of travel insurance
The value of travel insurance policies taken out in Estonia was 25.7 million euros in 2023, and 22.4 million euros in 2022. How common is travel insurance in Estonia? What is the total value of premiums and claims paid? In this blog post, Statistics Estonia’s analyst Egle Loorits takes a closer look at the latest data on travel insurance.
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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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The industrial producer price index did not change in February
According to Statistics Estonia, in February 2017, the producer price index of industrial output changed by 0.0% compared to January and by 3.9% compared to February 2016.
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The number of agricultural holdings continues to decrease
According to Statistics Estonia, the preliminary results of the Farm Structure Survey 2016 indicate that there were 16,700 agricultural holdings with at least one hectare of agricultural area or agricultural holdings mainly producing for sale in Estonia, which is approximately 2,500 holdings less than three years ago.
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In the 4th quarter of 2016, there were nearly 9,000 job vacancies
According to Statistics Estonia, there were nearly 9,000 job vacancies in the enterprises, institutions and organisations of Estonia in the 4th quarter of 2016. Compared to the 3rd quarter, when the number of job vacancies reached a 7-year high, in the 4th quarter, the number of job vacancies decreased by 18%. Compared to the 4th quarter of 2015, the number of job vacancies increased by 37%.
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Foreign trade continued to grow in January
According to Statistics Estonia, in January 2017, the exports of goods increased by 14% and imports by 40% compared January 2016. The rise in exports was affected the most by an increase in the exportation of mineral products, and the rise in imports by non-recurring big-volume transactions with transport equipment.
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In February, the consumer price index was affected the most by transport
According to Statistics Estonia, the change of the consumer price index in February 2017 was 1.3% compared to January 2017 and 3.4% compared to February of the previous year.
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In January, the number of tourists in accommodation establishments increased
According to Statistics Estonia, in January 2017, domestic and foreign tourists who stayed in Estonian accommodation establishments numbered 192,000, which was 8% more than in January 2016.
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The stable turnover growth of retail trade enterprises continued in January
According to Statistics Estonia, in January 2017, compared to January 2016, the turnover of retail trade enterprises increased 2% at constant prices. Compared to the same month of the previous year, turnover has shown a stable two-percent growth for the second month in succession.
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In January, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in January 2017, the production of industrial enterprises increased 7% compared to January of the previous year. Production increased in mining and quarrying and manufacturing, but decreased in the energy sector.
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In 2016, the average monthly gross wages and salaries were 1,146 euros
According to Statistics Estonia, in 2016, the average monthly gross wages and salaries were 1,146 euros; compared to 2015, the average monthly gross wages and salaries increased by 7.6%. The annual average monthly gross wages and salaries increased in all economic activities. The monthly gross wages and salaries were highest in the 4th quarter.
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The Estonian economy grew last year
According to Statistics Estonia, in 2016, the gross domestic product (GDP) of Estonia increased 1.6% compared to 2015. In the 4th quarter of 2016, the Estonian economy grew 2.7% compared to the 4th quarter of 2015.
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The industrial producer price index increased in January
According to Statistics Estonia, in January 2017, the producer price index of industrial output changed by 1.0% compared to December 2016 and by 1.5% compared to January 2016.
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In 2016 the total profit of the business sector decreased
According to the preliminary data of Statistics Estonia, in 2016 the total profit of the business sector was 2.7 billion euros, which was 10% less than the year before. The business sector’s total profit decreased for second year in a row.