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Exports of services up by 7% and imports by 5% in 2024

Kuupäev 04.03.2025
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  3. Exports of services up by 7% and imports by 5% in 2024
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total

2013 was a successful year for the business sector

Kuupäev 06.03.2014
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  3. 2013 was a successful year for the business sector
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.

In the 3rd quarter, year-over-year growth in average wages and salaries continued to accelerate

Kuupäev 29.11.2017
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  3. In the 3rd quarter, year-over-year growth in average wages and salaries continued to accelerate
According to Statistics Estonia, in the 3rd quarter of 2017, the average monthly gross wages and salaries were 1,201 euros, having increased 7.4% compared to the 3rd quarter of 2016. The year-over-year growth in wages and salaries accelerated for the second consecutive quarter.

In the third quarter, the Estonian economy shrank by 1.9%

Kuupäev 30.11.2020
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  2. In the third quarter, the Estonian economy shrank by 1.9%
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.

The volume of aquaculture production sold increased last year

Kuupäev 19.05.2017
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  3. The volume of aquaculture production sold increased last year
According to Statistics Estonia, in 2016, aquaculture enterprises sold 868 tonnes of commercial fish and crayfish, with a total value of 3.7 million euros. The volume of aquaculture production sold in 2016 was among the highest in 20 years.

The situation in business sector improved last year

Kuupäev 08.03.2011
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  3. The situation in business sector improved last year
According to preliminary data of Statistics Estonia, in 2010 the total profit of business sector was 2.0 billion euros (30.9 billion kroons), being about two times bigger than in the previous year. At the same time the total profit decreased more than a fifth compared to 2008 and about 40% compared to the record high 2007.

Retail sales grew also in March

Kuupäev 29.04.2011
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  3. Retail sales grew also in March
According to Statistics Estonia, in March 2011 compared to March of the previous year the retail sales of goods of retail trade enterprises increased 5% at constant prices.

Construction volumes increased in the 1st quarter

Kuupäev 26.05.2017
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  3. Construction volumes increased in the 1st quarter
According to Statistics Estonia, in the 1st quarter of 2017 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 20%. Taking into account only the Estonian construction market, the construction volumes increased 18%. It is the biggest increase in construction volumes in the last five years.

In November, the growth in retail sales decelerated to some extent

Kuupäev 04.01.2016
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  3. In November, the growth in retail sales decelerated to some extent
According to Statistics Estonia, in November 2015 compared to November 2014, the retail sales of goods of retail trade enterprises increased 6% at constant prices. In October, the retail sales increased 8% compared to the same month of the previous year, whereas in November the retail sales growth decelerated to some extent.

The profit of the business sector increased in the 1st quarter

Kuupäev 04.06.2014
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  3. The profit of the business sector increased in the 1st quarter
According to Statistics Estonia, in the 1st quarter of 2014, the total profit of the business sector was 705 million euros, which was 10% more than in the same period a year ago.

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