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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.
Article
According to Statistics Estonia, in 2020, the average monthly gross wages and salaries were 1,448 euros, which is 2.9% higher than the year before. It has been ten years since the annual growth in wages and salaries was so modest. Since 2011, the annual growth rate has steadily been over 5% and has even risen above 7% in several years.
The trade deficit narrowed in April
Kuupäev 09.06.2023
Article
According to Statistics Estonia, in April 2023, Estonia’s exports of goods decreased by 4% and imports by 18% at current prices compared with April 2022. Foreign trade was most affected by the reduced trade in mineral fuels and wood and articles of wood.
There were over 11,000 job vacancies in the second quarter
Kuupäev 05.09.2023
Article
According to Statistics Estonia, in the second quarter of 2023, there were 11,079 job vacancies in the enterprises, institutions and organisations of Estonia. This is 17% less than in the same quarter last year. Over 6,000 persons left their job at the initiative of the employer.
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.
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The trade deficit was almost two times smaller in November
Kuupäev 09.01.2024
Article
According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.
The turnover of the business sector increased in the 3rd quarter
Kuupäev 28.11.2019
Article
According to Statistics Estonia, in the 3rd quarter of 2019, enterprises sold goods and services for 16.4 billion euros, which was 5% more than in the same period the year before.
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