GDP gap between Harju county and Estonia’s average is decreasing
According to Statistics Estonia, in 2018, 65% of the Estonian gross value added was created in Harju county, but the rest of the country is slowly catching up with Harju county.
Working international students and graduates contributed over ten million euros in taxes
Statistics Estonia prepared an analysis for Archimedes Foundation on the participation of international students in the Estonian labour market and its impact on the economy. It appeared that in the previous academic year, foreign students paid eight million euros in income and social tax in Estonia. International students who graduated the year prior contributed additionally over two million euros. The share of international students who work besides studying has increased significantly in the last three years. A half of them continue working in Estonia even after receiving a diploma.
In October, trade continued to decline
According to Statistics Estonia, in October 2019, compared to October 2018, the exports of goods decreased by 7% and imports by 6%. The biggest decline, by nearly a fifth, was recorded in trade with non-EU countries.
Accommodation establishments did well in October
According to Statistics Estonia, in October, 289,000 tourists stayed in Estonian accommodation establishments, which is 5% more than in October 2018. The number of nights spent by tourists increased by 7%.
The number of job vacancies remains over 10,000
According to Statistics Estonia, in the 3rd quarter of 2019, there were 11,892 job vacancies in the enterprises, institutions and organisations of Estonia. The number of job vacancies has remained above 10,000 since the 1st quarter of 2017.
In November, food and transport had the greatest impact on the consumer price index
According to Statistics Estonia, the change of the consumer price index in November 2019 was -0.2% compared to October 2019 and 1.8% compared to November 2018.
Statistics Estonia is studying time use of Estonian people
In the first week of December, Statistics Estonia launched the Time Use Survey. The survey takes place every ten years and will end in 2021. Information is collected about how and where people over the age of 10 spend their time and what modes of transport they use.
Expenditure on research and development increased last year
According to Statistics Estonia, in 2018, the expenditure on research and development (R&D) in Estonia amounted to 365.6 million euros, which is a fifth more than in 2017.
Industrial production decreased in October
According to Statistics Estonia, in October 2019, the production of industrial enterprises decreased by 4% compared to October 2018. Production remained at the same level in manufacturing but decreased in energy and mining.
Stable turnover growth in retail trade enterprises continued in October
According to Statistics Estonia, in October, the turnover of retail trade enterprises was 640 million euros. The turnover increased by 4% at constant prices compared to October of the previous year.
Stable economic growth continued
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.2% in the 3rd quarter of 2019 compared to the same period of the previous year. The Estonian GDP was 7 billion euros at current prices.