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According to Statistics Estonia, in 2018, the gross domestic product (GDP) of Estonia increased 3.9% compared to 2017. For the third consecutive year the economic growth in Estonia was faster than 3%. In the 4th quarter of 2018, the Estonian economy increased by 4.2% compared to the 4th quarter of 2017.

According to Statistics Estonia, in the 3rd quarter of 2018, the total profit of the business sector was 871 million euros, which is 21% more than in the same period the year before.

Johanna Linda Pihlak, analyst at Statistics Estonia, said that, compared with February last year, turnover volume grew by 21% in enterprises engaged in the retail sale of automotive fuel and by 6% in stores selling manufactured goods. “In grocery stores, the volume of turnover declined by 5% in February year on year,” added Pihlak. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. The volume of turnover was up by

“Looking at the wage change trend, wage growth is still slower now than in 2023,” said Sigrid Saagpakk, analyst at Statistics Estonia. Average wages in seven groups of economic activities are higher than the national average Saagpakk stated that the average monthly gross wages and salaries in the third quarter of 2024 were the highest in information and communication (€3,506), financial and insurance activities (€3,068), and electricity, gas, steam and air conditioning supply (€2,540). The lowest average monthly gross wages and salaries were seen in accommodation and food service (€1,285)

According to Statistics Estonia, more than 222,000 tourists stayed in accommodation establishments in November 2023, which is 1% less than in November 2022 and 11% less than in October 2023. Year on year, accommodation establishments hosted fewer foreign as well as domestic tourists.

Jane Leppmets, analyst at Statistics Estonia, noted that, compared with 2024, exports of services to European Union countries increased by 4% in the first quarter of this year, while imports from these countries grew by 8%. Exports of services to non-EU countries rose by 6% and imports from these countries increased by 18%. “The latter was mainly due to higher imports of services from Cyprus, the United Kingdom, and the United States. In the first quarter, the largest import items were other business services from Cyprus, transport services from the United Kingdom, and telecommunications

The Population and Housing Census starting on the last day of the year enables to estimate the emigration from the country during the last decade, spoke Professor Ene-Margit Tiit at the Population Register Seminar in Tallinn today, on 6 October.

According to Statistics Estonia, in 2009 the average income of population decreased and the unemployment increased due to the economic crisis, but increased pensions and governmental benefits helped people to prevent the fall in poverty.

Statistics Estonia’s survey on information technology in households shows that inhabitants of Estonia are active users of the internet, but businesses need to protect themselves from security threats.