Construction volume increased in the 1st quarter

news release no 58

According to Statistics Estonia, in the 1st quarter of 2018 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 21%. Taking into account only Estonian construction market, construction volume increased 29%.

Construction volume index and its trend, 1st quarter 2003 – 1st quarter 2018

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Number of economic units up last year

article
Katrin Aasmäe, Svetlana Šutova

In 2017, there were approximately 158,000 economically active units. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

Economically active units by legal form, 2002–2017

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Last year, a record amount of aquaculture production was sold

news release no 57

According to Statistics Estonia, in 2017, aquaculture enterprises sold 870 tonnes of commercial fish and crayfish, with a total value of 3.7 million euros. The volume of aquaculture production sold in 2017 was highest of the last five years.

Aquaculture production sold, 1998–2017

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The industrial producer price index decreased in April

news release no 56

According to Statistics Estonia, in April 2018, the producer price index of industrial output changed by -0.5% compared to March and by 2.1% compared to April 2017.

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The number of museum visits set a new record last year

news release no 55

Museums continue to be popular in Estonia. According to Statistics Estonia, in 2017, for the first time, there were more than 3.5 million museum visits.

Museum visits by foreign tourists by county, 2017

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Activity in the labour market continued to increase

news release no 54

According to Statistics Estonia, in the 1st quarter of 2018, the unemployment rate was 6.8%, the employment rate 66.6% and the labour force participation rate 71.4%. Compared to the 1st quarter of 2017, economic activity of the population increased mainly due to an increase in unemployment but somewhat also due to an increase in employment.

Labour force participation rate by sex and age group, 1st quarter, 2009 ̶ 2018

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The gender pay gap remained at the level of previous year

news release no 53

According to Statistics Estonia, in October 2017, the average gross hourly earnings of female employees were 20.9% lower than the average gross hourly earnings of male employees. After three years of decrease, the gender pay gap remained at the same level as in the previous year.

The difference between the gross hourly earnings of female and male employees, 2017

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Average monthly gross income per employee increased last year

news release no 52

According to Statistics Estonia, in 2017, the average monthly gross income per employee was 1,155 euros. The gross income increased 7.6% compared to 2016; growth was the fastest (8.6%) in the age group of young people (aged under 25).

Average monthly gross income per employee, 2017

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In March, exports decreased year on year

news release no 51

According to Statistics Estonia, in March 2018, the exports of goods decreased by 3% and imports increased by 4% compared to March 2017. In the first quarter of the current year, exports increased by 6% and imports by 2%, compared to the same period of 2017.

Estonia’s foreign trade by month, 2016–2018

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Immigration exceeded emigration for the third year in a row

news release no 50

According to the revised data of Statistics Estonia, 1,319,133 persons lived in Estonia on 1 January 2018, which is 3,499 persons more than at the same a year earlier. In 2017, the population figure decreased by 1,759 persons due to natural increase, but increased by 5,258 persons as a result of positive net migration.

Change in population figure, 2008–2017

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