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GDP growth in the 2nd quarter was supported by the exports of industrial sector

Kuupäev 08.09.2010
Article
According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 3.1% in the 2nd quarter of 2010 compared to the same quarter in the previous year. The GDP grew last in the 4th quarter of 2007.

9. Industry, Innovation and Infrastructure

Area
The focus of the global goal “Industry, Innovation and Infrastructure” is infrastructure development, industrialisation and innovation, which are three important pillars of economic growth. If action in these areas is resilient, inclusive and sustainable, economic growth will support sustainable development. The 2030 Agenda targets include increasing the share of industry in employment and GDP; this indicator should double in the least developed countries. The agenda lays down improving access to financial services, raising efficiency in environmentally sound use of natural resources

Increased imports led to a higher trade deficit in April

Kuupäev 09.06.2022
Article
According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.

In the first quarter, there were nearly 9,500 job vacancies in Estonia

Kuupäev 09.06.2021
Article
According to Statistics Estonia, in the first quarter of 2021, there were 9,443 job vacancies in the enterprises, institutions and organisations of Estonia. This means a 10% increase year on year. More than 7,000 persons left their jobs on the employer’s initiative.

In January, trade grew by more than a third

Kuupäev 11.03.2022
Article
According to Statistics Estonia, in January 2022, Estonia’s exports of goods increased by 35% and imports by 36% compared to January 2021. Trade growth was significantly boosted by the increased exports and imports and higher prices of mineral fuels and electricity.

Exports of services

Area
Export of services takes place when a resident of Estonia sells services to a non-resident, incl. to an economic unit that belongs to the same enterprise group but is located abroad. For export of services, it is not necessary to cross country borders, i.e. services can be provided in Estonia or abroad.