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According to Statistics Estonia, in March 2024, the turnover of retail trade enterprises was 851 million euros. Compared with March 2023, the volume of retail trade turnover* fell by 4%.

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

According to Statistics Estonia, in 2019, the expenditures on research and development (R&D) in Estonia amounted to 453 million euros, which is 24% more than in 2018. The share of R&D expenditures in the gross domestic product was 1.61%, making it the highest share in the last five years.

According to Statistics Estonia, in January 2024, the turnover of retail trade enterprises was 766 million euros. Compared with January 2023, turnover fell by 7% at constant prices.

In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.

In 2017, there were approximately 158,000 economically active units. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

Statistics Estonia’s call to notify of double data collection elicited 54 proposals. Complete or partial re-requesting for data was identified in the case of four questionnaires.

According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

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.

30% of the enterprises whose submission deadline for the comprehensive annual questionnaire for enterprises (EKOMAR) was Friday, 1 July submitted the questionnaire by the deadline. At Wednesday’s meeting with enterprises submitting EKOMAR questionnaires, Statistics Estonia explains the importance of the collected data to enterprises and hopes to improve data collection in cooperation with them.