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Article

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Construction volume down by 5% in the third quarter

Kuupäev 27.11.2024
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  3. Construction volume down by 5% in the third quarter
In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

In the first quarter, the number of bus passengers grew the most on urban lines

Kuupäev 17.06.2025
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  3. In the first quarter, the number of bus passengers grew the most on urban lines
Buses transported 41.6 million passengers and travelled 39 million kilometres in the first quarter. Anton Kardakov, leading analyst at Statistics Estonia, noted that the most used type of bus transport was once again urban bus lines. “In the first quarter, the number of bus passengers on urban lines increased by 6% year on year, reaching 34.2 million. However, this did not fully compensate for the loss of trolleybus passengers due to the closure of the last trolleybus routes in Tallinn. The number of tram passengers decreased by about 2% compared with the same period last year, standing at 5.1

A record quantity of fish roe was sold last year

Kuupäev 23.05.2025
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  3. A record quantity of fish roe was sold last year
Last year, the quantity of commercial fish sold by fish farming enterprises increased by 45 tonnes compared with 2023. The quantity of farmed fish was in decline in the years 2019–2022 but has been rising again in the last two years. Anton Kardakov, leading analyst at Statistics Estonia, said that the increase in food prices has now reached the fish farming sector. “The average price per kilogram of farmed fish was up by 30% and exceeded 8 euros,” noted Kardakov. Rainbow trout is still the most farmed and sold fish species in Estonia. The sold quantity of rainbow trout has increased steadily

Construction volume down by 4% in the second quarter

Kuupäev 28.08.2024
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  3. 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%.

In July, retail trade volume decreased by 2%

Kuupäev 29.08.2024
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  3. 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%.

In the first quarter, the number of job vacancies decreased by 4.9% year on year

Kuupäev 06.06.2025
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  3. In the first quarter, the number of job vacancies decreased by 4.9% year on year
Sigrid Saagpakk, analyst at Statistics Estonia, stated that the total number of vacant and occupied posts in the first quarter was a little over 594,000. “The number of vacant posts was the highest in education (1,274) and in public administration and defence (1,254). The number of occupied posts, however, was the greatest in manufacturing (97,736),” she said. The analyst noted that, in the first quarter of 2025, vacant posts accounted for 1.5% of the total number of posts. In the first quarter of 2024, vacant positions accounted for 1.6%. In the first quarter of this year, in addition to

Decline in retail trade volume in June was most affected by stores selling manufactured goods

Kuupäev 30.07.2024
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  3. Decline in retail trade volume in June was most affected by stores selling manufactured goods
According to Statistics Estonia, in June 2024, the turnover of retail trade enterprises was €866 million. Compared with June 2023, the volume of retail trade turnover fell by 5%.

There were 9,071 job vacancies in the last quarter of 2024

Kuupäev 10.03.2025
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  3. There were 9,071 job vacancies in the last quarter of 2024
The total number of vacant and occupied posts in the fourth quarter was a little under 599,000. “The number of vacant posts was the highest in public administration and defence and compulsory social security (1,277). The number of occupied posts was the greatest in manufacturing (98,898),” said Sigrid Saagpakk, analyst at Statistics Estonia. Vacant posts accounted for 1.5% of the total number of posts. In addition to public administration, the other activities with a bigger number of job vacancies were information and communication (1,205), trade (1,187) and education (1,120). The number of

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

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