Blog
Blog
Higher degree, higher salary? Survey confirms that one in five people get a better salary or a new job after graduation
Statistics Estonia's Adult Education Survey* shows that people take part in training to perform their jobs better. However, people attend an educational institution when they wish to improve their knowledge. In 19% of cases, a higher degree has also led to a new job or a higher salary. Käthrin Randoja, leading analyst, explores in the statistics blog what motivates adults to go to school or to take part in training, and how they benefit from it.
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Oil shale electricity production increased last year
According to Statistics Estonia, power plants produced 8,910 gigawatt hours (GWh) of electricity and 5,074 GWh of heat in 2022. Compared with the year before, electricity production increased by 21% and heat production by 8%.
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Statistics Estonia closes the map application
The map application of Statistics Estonia, completed in 2014, will close on 30 June 2023.
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Changes in the methodology of average wages and salaries (updated on 31.05.2023)
Since the first quarter of 2023, Statistics Estonia uses the data from the employment register of the Tax and Customs Board and the income and social tax declarations to publish the average wages and salaries. People working under employment contracts, the Civil Service Act*, and service contracts are included.
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Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.
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Decline in the turnover of retail trade enterprises slowed down in October
According to Statistics Estonia, in October, the turnover of retail trade enterprises was 884 million euros. Compared with October 2022, turnover fell by 5% at constant prices.
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Construction volume down by 5% in the third quarter
According to Statistics Estonia, in the third quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% at constant prices compared with the third quarter of 2022. Considering only the domestic market, the fall in construction volume was 7%.
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In the third quarter, the average monthly gross wages and salaries were 1,812 euros, median wages 1,500 euros
According to Statistics Estonia, in the third quarter of 2023, the average monthly gross wages and salaries were 1,812 euros, which is 10.4% higher than in the same quarter last year. The median wages were 1,500 euros, which is 11.2% more than in the third quarter last year.
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Producer price index of industrial output down by 3.0% from last year
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, fell by 0.4% in October 2023 compared with September and by 3.0% compared with October last year.
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Number of unemployed persons up by 4,600 from previous quarter
According to Statistics Estonia, in the third quarter of 2023, the unemployment rate was 7.3%, the labour force participation rate 74.5%, and the employment rate 69.1%.
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Gender pay gap has widened in a year
According to preliminary data of Statistics Estonia, in 2022, the gross hourly earnings of female employees were 17.7% smaller than the earnings of male employees. The gender pay gap increased by 2.8 percentage points year on year.
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Number of people living in absolute poverty rose by two and a half times
According to Statistics Estonia, 22.5% of Estonia’s population lived at risk of poverty and 3.5% in absolute poverty in 2022. Compared with 2021, the share of people living at risk of poverty decreased by 0.3 percentage points and the share of people living in absolute poverty increased by 2.1 percentage points.
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Foreign trade declined further in September
According to Statistics Estonia, in September, Estonia’s exports of goods amounted to almost 1.5 billion and imports to nearly 1.7 billion euros. Compared with the same month in 2022, exports of goods decreased by 24% and imports by 22% at current prices. The trade deficit in September was 207 million euros, which is 13 million euros more than in September last year.
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In September, there was a significant rise in the number of accommodated tourists from Asia
According to Statistics Estonia, nearly 274,000 tourists stayed in accommodation establishments in September 2023, which is 5% more than in September last year but 36% less than in August this year. Compared with September 2022, there were more foreign as well as more domestic tourists served by accommodation establishments.
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Food prices had the biggest impact on the consumer price index in October
According to Statistics Estonia, in October, the consumer price index fell by 0.4% compared with September and rose by 4.9% compared with October 2022. Goods were 3.7% and services 7.0% more expensive than in October last year.
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In September, production decreased significantly in the electronics industry
According to Statistics Estonia, in September 2023, the total production of industrial enterprises decreased by 12.5% at constant prices compared with the corresponding month of 2022. Output fell in two sectors: by 37.6% in electricity production and by 10.9% in manufacturing. In mining, output remained almost at the same level, as the decrease was just 0.3% year on year.