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International students and graduates continue to contribute more in taxes to the Estonian economy
Kuupäev 12.01.2022
Article
According to Statistics Estonia, in the academic year 2020/2021, international students and graduates in Estonia paid more than ever before in labour taxes: a total of 16 million euros. At the same time, the number of international students was smaller, while the number of international graduates continued to rise. International students and graduates were most likely to work in information and communication as well as in education. Compared to local students, they worked more often in start-up enterprises.
In the third quarter, the Estonian economy shrank by 1.9%
Kuupäev 30.11.2020
Article
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.
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Stable economic growth continued
Kuupäev 29.11.2019
Article
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.2% in the 3rd quarter of 2019 compared to the same period of the previous year. The Estonian GDP was 7 billion euros at current prices.
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Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.
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The list of economic units is a helpful tool primarily for those respondents who are required to report in statistical questionnaires financial transactions or financial assets and liabilities broken down by customer or type of transaction, e.g. loans granted and deposits taken by credit institutions or lease claims of customers of leasing companies. The list of economic units is published once a year (in December) and includes economic units that have been economically active in at least one of the last three years. An exception is all financial sector units, which are included in the list
The use of sharing economy services is growing
Kuupäev 19.09.2018
Article
According to Statistics Estonia, in 2018, the share of internet users among 16–74-year-olds reached 89%, which is 1 percentage point more than a year ago. The share of internet users who ordered accommodation and transport services from private persons increased by 4 and 3 percentage points, respectively.