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After a few years of stagnation, 2016 can be considered rather successful for enterprises – the turnover, investments as well as the number of active enterprises increased by 4%. The improved results were reflected also in profits – the profit for the reporting year increased by 11%. Productivity indicators improved also.

According to Statistics Estonia, in the second quarter of 2023, there were 11,079 job vacancies in the enterprises, institutions and organisations of Estonia. This is 17% less than in the same quarter last year. Over 6,000 persons left their job at the initiative of the employer.

According to Statistics Estonia, in February 2024, the total production of industrial enterprises decreased by 5.7% at constant prices compared with the corresponding month a year earlier. Production increased by 19.3% in mining and by 2.6% in electricity production but decreased by 7% in manufacturing.

“In 1994, the life expectancy of Estonian residents was 66.5 years, whereas by 2024 it had increased by 13 years and reached 79.5 years. In both Latvia and Lithuania, life expectancy has increased by about nine years in the same 30-year period. Life expectancy is currently 77.6 years in Lithuania and 75.6 years in Latvia,” explained Eveli Voolens, the social statistics team lead at Statistics Estonia. She added that Latvia has one of the lowest life expectancies in Europe. On the other hand, in Finland, life expectancy was already 76.7 years in 1994 and has now increased by 4.9 years to 81.6

According to Statistics Estonia, in February, the turnover of retail trade enterprises was 740 million euros. Compared with February 2022, turnover decreased by 6% at constant prices.

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 0.7% in June 2024 compared with May and decreased by 0.5% compared with June last year.

According to Statistics Estonia, in the third quarter of 2021, there were 11,518 job vacancies in the enterprises, institutions and organisations of Estonia. This number increased by a third year on year. More than 8,500 persons left their jobs on the employer’s initiative.