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Forest accounts is a statistical framework that treats forests both as a natural resource and as an economic asset from a macroeconomic perspective. The forest accounting framework links physical indicators of forests (forest land area, timber stock, increment, and timber harvesting) with corresponding monetary indicators, as well as with economic indicators (output, costs, and value added). In calculating output and value added, the forest accounting methodology also takes into account the value of growing timber. Methodology and information can be found in reports "Description of the
In the third quarter, Estonian economy grew by 8.6%
Date 30.11.2021
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According to Statistics Estonia, in the third quarter of 2021, the gross domestic product (GDP) grew by 8.6% year on year. The GDP at current prices was 7.9 billion euros.
Expenditure on research and development decreased last year
Date 01.12.2017
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According to Statistics Estonia, in 2016, the expenditure on research and development (R&D) in Estonia amounted to 270.3 million euros, which is 11% less than in 2015.
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According to Statistics Estonia, in February 2021, the turnover of retail trade enterprises was 594 million euros. Compared to February 2020, turnover increased by 4% at constant prices.
In the 1st quarter, GDP fell by 0.7%
Date 29.05.2020
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According to Statistics Estonia, in the 1st quarter of 2020, the gross domestic product (GDP) fell by 0.7% compared to the 1st quarter of 2019. The GDP at current prices was 6.5 billion euros.
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