Financial statistics of enterprises

Which economic activities have the largest turnover? Who invests the most? The financial statistics of enterprises help to assess how enterprises and the economy are doing in Estonia.

Progressive enterprises increase productivity and can break into international markets. They can offer more jobs and pay more competitive salaries. This has a positive impact primarily on the working-age population in the regions where the successful enterprises operate as well on the Estonian economy as a whole.

Statistics Estonia publishes annual and quarterly financial statistics for Estonian enterprises broken down by economic activity, number of employees and country of the controlling enterprise. Data on sole proprietors are published separately.

The main financial statistics of enterprises are:

  • turnover
  • costs
  • profit
  • assets
  • liabilities
  • equity
  • investments
  • value added
  • productivity indicators

We also collect and publish data for foreign affiliates of Estonian enterprises outside the European Union (outward foreign affiliates) and for foreign affiliates registered in Estonia.

The new version of the Estonian Classification of Economic Activities – EMTAK 2025 – is in force since 1 January 2025. EMTAK 2025 reflects today’s economic environment and activities. Data based on the updated classification are published by Statistics Estonia starting from 2026. Read more on our website.

Number of enterprises 159,747
2.3%
Enterprises' investments in fixed assets 6.05 billion euros
3.6%
Enterprises' profit (loss) for the financial year 6.14 billion euros
-7.4%
Enterprises' turnover (annual) 93.79 billion euros
-0.9%
Persons employed in enterprises 544,890
-1.0%
Employees in enterprises 474,309
-1.2%
Enterprises' turnover (quarterly) 23.41 billion euros
5.4%
Q2 2026

Number of enterprises, 2020–2024

2020100,123
2021127,357
2022144,449
2023156,183
2024159,747

Enterprises' turnover and value added, 2016–2024

 Turnover, thousand eurosValue added, thousand euros
201655,158,46612,390,704
201761,339,80713,659,637
201867,923,96514,829,254
201972,493,53815,871,100
202066,483,65415,924,687
202179,904,14719,070,748
202298,513,18122,043,757
202394,666,21721,723,328
202493,786,15922,394,939

Investments in fixed assets (included financial leasing), 2018–2024

thousand euros

20184,429,224
20194,589,610
20204,160,937
20215,283,120
20225,915,919
20235,838,637
20246,051,534
News

Turnover and investments of the business sector increased

According to the preliminary data of Statistics Estonia, in 2019, turnover increased in most economic activities. Trade, manufacturing and information and communication enterprises contributed the most to the turnover of the business sector. The growth in the sector’s turnover was negatively affected mainly by energy and mining.
Read more 27. February 2020