Economy

In November, the trade deficit decreased

news release no 6

According to Statistics Estonia, in November 2018, the exports of goods increased by 18% and imports by 15% compared to November 2017. The trade deficit was 56 million euros. The last time the balance was under 60 million euros was in January 2015.

Estonia\'s foreign trade by month, 2016–2018

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In November, the number of tourists who stayed in accommodation establishments decreased

news release no 5

According to Statistics Estonia, in November 2018, domestic and foreign tourists who stayed in accommodation establishments numbered 235,000, which is 1% fewer than in November 2017. Compared to November 2017, the number of domestic tourists increased and the number of foreign tourists decreased.

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The greatest impact on the annual change of the consumer price index came from housing

news release no 4

According to Statistics Estonia, the consumer price index increased 3.4% in 2018 compared to the average of 2017.

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Consumer Price Index in December

news release no 3

According to Statistics Estonia, the change of the consumer price index in December 2018 was -0.3% compared to November 2018 and 3.4% compared to December 2017.

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In November, the volume of industrial production was greater than a year ago

news release no 2

According to Statistics Estonia, in November 2018, the production of industrial enterprises increased by 8% compared to November 2017. Production increased in manufacturing and energy, but decreased in mining.

The volume index and trend of production in manufacturing, January 2009 – November 2018 (2015 = 100)

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In November, the turnover growth of retail trade enterprises accelerated

news release no 1

According to Statistics Estonia, in November 2018, compared to November 2017, the turnover of retail trade enterprises increased 5% at constant prices. While in October the turnover increased 3% compared to the same month of the previous year, in November the growth accelerated.

Turnover volume index of retail trade enterprises and its trend, January 2008 – November 2018 (2015=100)

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In the 3rd quarter, the annual change of the Dwelling Price Index was smallest in recent years

news release no 135

According to Statistics Estonia, in the 3rd quarter of 2018, the Dwelling Price Index changed by 0.2% compared to the 2nd quarter and by 4.2% compared to the 3rd quarter of 2017.

Dwelling price index, 1st quarter 2005 – 3rd quarter 2018 (2010 = 100)

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Industrial producer price index decreased in November

news release no 134

According to Statistics Estonia, in November 2018, the producer price index of industrial output changed by –0.9% compared to October and by 1.6% compared to November 2017.

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Per capita GDP of counties becoming more even

news release no 132
Data in the figure have been changed on 13.12

According to Statistics Estonia, 64% of the gross value added of the Estonian gross domestic product (GDP) in 2017 was created in Harju county. However, the differences between counties as regards GDP per capita are getting smaller.

GDP per capita, 2014 and 2017

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In October, trade was at a record level

news release no 131

According to Statistics Estonia, in October 2018, the exports of goods increased by 17% and imports by 20% compared to October 2017. For the first time, exports exceeded 1.3 billion euros and imports 1.5 billion euros. The growth in trade was affected the most by an increase in trade in mineral products (solvent, fuel additives, motor spirit, shale oil).

Estonia\'s foreign trade by month, 2016–2018

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