Search results

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that there was modest economic growth in the second quarter of 2025. The last time that the GDP grew was in the second quarter of last year. “About half of economic activities contributed positively to the GDP, with the biggest contribution coming from the energy sector where value added grew by 43%. In real estate activities, value added increased by 5.4%. The biggest negative contributors were construction, with a 9.3% decline in value added, and transportation and storage, where value added decreased by 11%,” noted

Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that although the economy has shown slight growth for two consecutive quarters, the contribution of most sectors has remained insignificant. “Manufacturing was the biggest positive contributor to GDP in the third quarter, with its value added growing by 7.9%. The last time this sector performed so well was in the fourth quarter of 2021. However, it must be noted that production figures were still modest,” noted Müürsepp. In addition to manufacturing, the largest positive contributors to the economy were the energy

“Until now, the state has been collecting various data from entrepreneurs, but with this application the state is, for the first time, returning such a large amount of valuable information back to the entrepreneurs,” explained Sirli Heinsoo, Head of the Digital Economy Department at the Ministry of Economic Affairs and Communications. She added that the application returns an analysis compiled from the company’s own submitted data, helping entrepreneurs assess their strengths and weaknesses and compare their company with others. “The more accurate the data submitted to the state, the more

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

Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

According to the preliminary data of Statistics Estonia, in 2013 the total profit of the business sector was 3.1 billion euros, which was 5% more than the year earlier. The increase in the enterprise sector’s total profit continued for the fourth year in a row.

According to the preliminary data of Statistics Estonia, in 2012 the total profit of the business sector was 2.9 billion euros, which was 7% more than a year earlier. The increase of enterprise sector’s net sales, productivity and total profit continued for the third year in a row.

According to preliminary data of Statistics Estonia, in 2009 the total profit of business sector was 17.2 billion kroons being more than two times smaller than in the previous year.

According to the preliminary data of Statistics Estonia, in 2011 the total profit of the business sector was 2.8 billion euros, which is 40% more than the year before. The enterprises last earned a similar total profit in 2006 and 2008.