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Estonian economy grew by 5.4% in the first quarter
Kuupäev 31.05.2021
Article
According to Statistics Estonia, in the first quarter of 2021, the gross domestic product (GDP) grew by 5.4% year on year. The GDP at current prices was 6.9 billion euros.
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Business statistics are produced on the basis of the data of economically active entities. However, not all economic units in legal registers are actively operating. The statistical subject matter domain of economic units involves: identifying economically active entities; specifying statistical units for producing official statistics; classifying economic entities on the basis of international standards. In order to produce business statistics, Statistics Estonia keeps a business register for statistical purposes. Its data are obtained from the commercial register, non-profit associations and
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The focus of the global goal “Decent Work and Economic Growth” is to ensure sustainable and environmentally friendly economic growth that would not involve excessive and unsustainable use of resources. Sustainable economic growth helps people escape poverty and find employment. The 2030 Agenda sets a target to achieve higher economic productivity, using diversification, technological upgrades and innovation, and focusing among else on sectors that have high value added and are labour-intensive. It is also expected that governments support the creation of decent jobs, entrepreneurship
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.
Economic growth hindered by rising prices
Kuupäev 31.05.2022
Article
In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.
In the fourth quarter, the economy contracted by 1.2%
Kuupäev 01.03.2021
Article
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.
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In the second quarter, Estonian economy contracted by 6.9%
Kuupäev 31.08.2020
Article
According to Statistics Estonia, in the 2nd quarter of 2020, the gross domestic product (GDP) fell by 6.9% compared to the 2nd quarter of 2019. The GDP at current prices was 6.4 billion euros.
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