News
Blog
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.
News
GDP flash estimate: recession slowed down in Q2
According to Statistics Estonia's preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the second quarter of 2024. GDP fell by approximately 1.7% compared with the second quarter of 2023.
News
Young workers are turning away from the information and communication sector
Statistics Estonia's short-term labour market statistics show that over the past year and a half, there have been fewer young people aged 20–29 working in both the broader information and communication sector and the more specific field of computer programming. While in previous years the field of computer programming was growing mainly because of young people, in the past year their numbers have fallen.
News
Sown area of potatoes smaller than ever before
According to preliminary data of Statistics Estonia and the Agricultural Registers and Information Board (ARIB), the utilised agricultural area this year is 983,400 hectares, which is 4,400 hectares less than in 2023. There has been a slight decrease in arable land, as well as in the area of fruit and berry plantations. The sown area of potatoes, which has been in decline for a long time, continues the trend and is 8% smaller in 2024 than the year before.
News
14% of enterprises use artificial intelligence technologies
According to Statistics Estonia's survey on information technology, the use of artificial intelligence-based technologies has risen significantly in 2024 compared with the previous year, and cyber security has become increasingly important. 5% of enterprises used at least one AI technology in 2023, whereas in 2024, this figure has risen to 14%. Of large enterprises, 10% said they had experienced a disclosure of confidential data.
News
In July, 13% more foreign tourists were accommodated than last year
According to Statistics Estonia, accommodation establishments served 507,600 tourists in July 2024, which is 5% more than in July last year. The number of foreign tourists increased, but the number of domestic tourists decreased in July.
News
Telecommunications, computer and information services had the biggest trade surplus in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.
News
Exports of goods in particular rose in July
According to Statistics Estonia, in July 2024, Estonia’s exports of goods increased by 5% and imports by 1% compared with July 2023. Exports of goods amounted to over €1.3 billion and imports to nearly €1.7 billion at current prices. The trade deficit was €321 million, which is €59 million less than in July last year.
News
The consumer price index continued to rise in August
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.
News
There were 9,908 job vacancies in the second quarter
- The total number of vacant and occupied posts stood at a little over 609,000.
- 50,365 persons were hired.
- 76% of job vacancies were in Harju county.
News
The decline in industrial production continued in July
According to Statistics Estonia, in July 2024, the total production of industrial enterprises decreased by 5.8% at constant prices compared with July last year. Among the three main sectors, output increased by 16.9% in mining and by 16.3% in electricity production but decreased by 7.8% in manufacturing.
News
The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.
News
In July, retail trade volume decreased by 2%
According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.
News
Construction volume down by 4% in the second quarter
According to Statistics Estonia, in the second quarter of 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 4% compared with the second quarter of 2023. On the domestic construction market, volume fell by 3%.
News
Average wages and salaries were €2,007 in Q2
According to Statistics Estonia, the average monthly gross wages and salaries in the second quarter of 2024 were €2,007, which is 7.2% higher than in the same quarter the year before. The median wages were €1,641 in the second quarter of this year and €1,524 in the same quarter of 2023.
News
Producer price index of industrial output rose in July
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.4% in July 2024 compared with June and by 0.8% compared with July last year.