According to Statistics Estonia, in the first quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 7% year on year. Considering only the Estonian construction market, the decrease in construction volume was 6%.
According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.
According to Statistics Estonia, in August 2016, the exports of goods increased by 12% and imports by 8% compared to August of the previous year. Export growth was faster than import growth and reduced the trade deficit, which was at the lowest level of this year.
According to the preliminary data of Statistics Estonia, in 2021, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 9% year on year. Considering only the Estonian construction market, the rise in construction volume was 10%.
According to Statistics Estonia, in the third quarter of 2020, the gross domestic product (GDP) decreased by 1.9% year on year. The GDP at current prices was 7 billion euros. Transportation and storage and manufacturing activities were the main contributors to the economic decline.
According to Statistics Estonia, in the second quarter of 2020, the total production of Estonian construction enterprises in Estonia and abroad decreased by 8% year on year. Considering only the Estonian construction market, the construction volume decreased by 5%.
Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.
According to Statistics Estonia, in March 2017, compared to March 2016, the turnover of retail trade enterprises increased 6% at constant prices. While in February the turnover increased 1% compared to the same month of the previous year, in March the growth accelerated.