Search results

According to Statistics Estonia and Eesti Pank, in the first quarter of 2021, the exports of services grew by 2% and imports of services by 51% year on year. Estonian economic entities exported and imported services for 1.6 billion euros. The imports of services increased mainly on account of growth in telecommunications, computer and information services.

According to the flash estimates of Statistics Estonia, Harju county accounted for 61.3% of the gross domestic product (GDP) of Estonia in 2013.

According to Statistics Estonia, in the third quarter of 2020, the gross domestic product (GDP) decreased by 1.9% year on year. The GDP at current prices was 7 billion euros. Transportation and storage and manufacturing activities were the main contributors to the economic decline.

According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

According to Statistics Estonia, in 2016, the expenditure on research and development (R&D) in Estonia amounted to 270.3 million euros, which is 11% less than in 2015.

Statistics Estonia prepared an analysis for Archimedes Foundation on the participation of international students in the Estonian labour market and its impact on the economy. It appeared that in the previous academic year, foreign students paid eight million euros in income and social tax in Estonia. International students who graduated the year prior contributed additionally over two million euros. The share of international students who work besides studying has increased significantly in the last three years. A half of them continue working in Estonia even after receiving a diploma.

According to Statistics Estonia, in the 1st quarter of 2019, there were approximately 11,450 job vacancies in the enterprises, institutions and organisations of Estonia. This trend has continued since the 1st quarter of 2017.

Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.