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Working international students and graduates contributed over 23 million euros in taxes in the previous academic year

Kuupäev 13.03.2024
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  3. Working international students and graduates contributed over 23 million euros in taxes in the previous academic year
Statistics Estonia, commissioned by the Education and Youth Board, analysed for the fifth time the economic contribution of working international students and international graduates. Although the number of international degree students in Estonia was down from the previous years, international students paid 16.6 million euros in income and social tax in the academic year 2022/23, and graduates from the year before contributed 6.9 million euros. For students, this is 2.5 million euros more than in the previous academic year, while for graduates it is 1.5 million euros less.

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

10. Reduced Inequalities

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  3. 10. Reduced Inequalities
The focus of the global goal “Reduced Inequalities” is safe, controlled and regular migration, and increasing the influence of developing countries in making economic and financial decisions. The 2030 Agenda lays down that the incomes of the 40% of population earning the least must grow faster than national averages. Also, all people must be treated equally, irrespective of their age, sex, disability, race, ethnicity, origin, religion, economic or other status, while their social, economic and political inclusion must be promoted. The same principles must also apply in the case of migration

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

How happy is the Estonian man?

Kuupäev 17.11.2023
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  3. How happy is the Estonian man?
International Men's Day is celebrated this coming Sunday, 19 November. Epp Remmelg, leading analyst at Statistics Estonia, took the opportunity to find out how the Estonian man is doing.

In the first quarter, the number of job vacancies decreased by 4.9% year on year

Kuupäev 06.06.2025
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  3. In the first quarter, the number of job vacancies decreased by 4.9% year on year
Sigrid Saagpakk, analyst at Statistics Estonia, stated that the total number of vacant and occupied posts in the first quarter was a little over 594,000. “The number of vacant posts was the highest in education (1,274) and in public administration and defence (1,254). The number of occupied posts, however, was the greatest in manufacturing (97,736),” she said. The analyst noted that, in the first quarter of 2025, vacant posts accounted for 1.5% of the total number of posts. In the first quarter of 2024, vacant positions accounted for 1.6%. In the first quarter of this year, in addition to

The economy contracted by 1% in Q2

Kuupäev 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

Industrial production grew by 4% in April

Kuupäev 05.06.2025
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  3. Industrial production grew by 4% in April
Helle Bunder, leading analyst at Statistics Estonia, said that April data show that the growth in manufacturing output has become broad-based. “In April, the volume of industrial production increased in most manufacturing activities. Looking at the larger industries, output grew in the manufacture of wood (3.1%), electrical equipment (7.3%), fabricated metal products (6.6%), and food products (6.1%),” said Bunder. Among the major industries, there was a decline in output in the manufacture of chemical products (7.6%) and computers and electronic products (3.2%). In April 2025, 65.2% of the

What influences youth towards entrepreneurship?

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  2. What influences youth towards entrepreneurship?
Today's young entrepreneurs may well shape our future economic prosperity. But who are Estonia's young entrepreneurs and what are the factors influencing youth towards entrepreneurship?

Average wages and salaries were €1,959 in Q3

Kuupäev 25.11.2024
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  3. Average wages and salaries were €1,959 in Q3
“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)

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