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Article

Construction volume down by 12% in the second quarter (corrected on 28.08.2023)

Kuupäev 28.08.2023
Article
  1. Home
  2. News
  3. Construction volume down by 12% in the second quarter (corrected on 28.08.2023)
According to Statistics Estonia, in the second quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 12% at constant prices compared with the second quarter of 2022. Considering only the domestic market, the fall in construction volume was 14%.

Museum attendance fell despite a large number of exhibitions

Kuupäev 13.05.2022
Article
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  2. Museum attendance fell despite a large number of exhibitions
According to Statistics Estonia, in 2021, there were 174 museums in Estonia with 229 museum sites. The number of museum visits was nearly 1.7 million, which is 59,000 fewer than in 2020 and the lowest in the past 18 years.

In the first quarter, construction volume fell by 11%

Kuupäev 26.05.2023
Article
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  2. News
  3. In the first quarter, construction volume fell by 11%
According to Statistics Estonia, in the first quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 11% at constant prices compared with the same period a year earlier.

Transport

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The world is interconnected through transport. The sector ensures that bananas from Costa Rica reach our tables or that wooden furniture from Estonia finds a place in Finnish or Swedish homes. A great transport system is an important component of the modern living and business environment. Transport is divided into land transport (i.e. road and rail), water transport and air transport. Together these modes influence almost all economic activities, including the service sector. The developments and demand of these, in turn, have an impact on the health of the transportation sector. Both local

The growth of industrial production was still slow in May

Kuupäev 04.07.2022
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  2. The growth of industrial production was still slow in May
According to Statistics Estonia, in May 2022, the total production of industrial enterprises increased by 4.8% at constant prices compared to May 2021. Output increased in all three industrial sectors: by 2.2% in manufacturing, by 34.2% in electricity production and by 25.5% in mining.

National accounts

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National accounts are a kind of an accounting system for the country, showing how the economy is performing. Economic growth is mainly measured by the gross domestic product (GDP) and gross national income (GNI). The higher these indicators, the better Estonia and the people living here are doing. In addition to aggregate indicators, we analyse data by sectors and compile input-output tables to study the interactions between sectors of the economy. National accounts provide information on changes in the gross domestic product (GDP); gross national income; productivity indicators; financial

Lower prices of materials led to a fall in the construction price index in the second quarter

Kuupäev 21.07.2023
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  3. Lower prices of materials led to a fall in the construction price index in the second quarter
According to Statistics Estonia, in the second quarter of 2023, the construction price index decreased by 0.5% compared with the first quarter and increased by 6.8% compared with the second quarter of 2022.

Economic downturn accelerated again in the third quarter

Kuupäev 30.11.2023
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  3. 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.

In June, electricity had the biggest impact on the producer price index

Kuupäev 20.07.2021
Article
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  2. In June, electricity had the biggest impact on the producer price index
In June 2021, 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 2.6% compared to May 2021 and by 9.4% compared to June 2020.

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