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International students and graduates continue to contribute more in taxes to the Estonian economy

Kuupäev 12.01.2022
Article
According to Statistics Estonia, in the academic year 2020/2021, international students and graduates in Estonia paid more than ever before in labour taxes: a total of 16 million euros. At the same time, the number of international students was smaller, while the number of international graduates continued to rise. International students and graduates were most likely to work in information and communication as well as in education. Compared to local students, they worked more often in start-up enterprises.

Information and communication technologies

Area
The development of information and communication technology (ICT) has made life a lot easier. The news is all around us and we no longer have to wait for broadcasts or the newspaper. Accommodation, flight tickets and the taxi can be booked on the computer or smart phone in just a few clicks. Information is available at all times. This facilitates data searching and communication and has revolutionised trade and the provision of services. The introduction of ICT has led to significant changes in the management of enterprises and in production: work processes are faster and more efficient. A

The economy contracted by 2.4% due to rising prices

Kuupäev 30.11.2022
Article
According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.

Estonian economy grew by 5.2% compared to the pre-pandemic level

Kuupäev 01.03.2022
Article
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2021, the gross domestic product (GDP), which shows how the Estonian economy is doing, grew by 8.6% compared to the same period of 2020. The GDP at current prices was 8.7 billion euros.

In the 1st quarter, GDP fell by 0.7%

Kuupäev 29.05.2020
Article
According to Statistics Estonia, in the 1st quarter of 2020, the gross domestic product (GDP) fell by 0.7% compared to the 1st quarter of 2019. The GDP at current prices was 6.5 billion euros.

In July, housing had the biggest impact on the consumer price index

Kuupäev 06.08.2021
Article
According to Statistics Estonia, in July 2021, the consumer price index increased by 1.1% compared to June 2021 and by 5.0% compared to July 2020. Goods were 3.3% and services 8.1% more expensive than in July last year.

In the third quarter, Estonian economy grew by 8.6%

Kuupäev 30.11.2021
Article
According to Statistics Estonia, in the third quarter of 2021, the gross domestic product (GDP) grew by 8.6% year on year. The GDP at current prices was 7.9 billion euros.

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