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Article

The dwelling price index in Q3 down by 0.5% from Q2

Kuupäev 20.12.2024
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  3. The dwelling price index in Q3 down by 0.5% from Q2
Märt Umbleja, leading analyst at Statistics Estonia, pointed out that the last time the dwelling price index fell compared with the previous quarter was in the third quarter of 2023. “Compared with the second quarter of 2024, the prices of apartments decreased by 1% in areas bordering Tallinn and in Tartu and Pärnu cities, and by 7.7% in the rest of Estonia. In Tallinn, apartment prices continued to rise, increasing by 0.9% from the previous quarter,” Umbleja noted. Compared with the third quarter of 2023, apartment prices went up by 5.8% and the prices of houses by 8.1%. The monetary volume

Estonia spent nearly 715 million euros on environmental protection in 2022

Kuupäev 13.12.2024
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  3. Estonia spent nearly 715 million euros on environmental protection in 2022
Environmental protection expenditure accounts reflect the measures and expenditures targeted at the prevention, reduction or elimination of pollution. National expenditure on environmental protection is calculated as a sum of current expenditure and capital expenditure (investments) on environmental protection activities, after deducting transfers from the rest of the world. Kaia Oras, leading expert at Statistics Estonia, noted that nearly half of the environmental protection expenditure in 2022 was made up of expenditures on waste management (347 million euros). “Expenditure on waste

The number of accommodated tourists was almost a tenth higher than in October last year

Kuupäev 11.12.2024
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  3. The number of accommodated tourists was almost a tenth higher than in October last year
Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 5% lower than in October of 2019, the pre-pandemic record year. Compared with October 2019, there were 30,000 fewer foreign tourists accommodated in Estonia, while the number of domestic tourists was higher by 16,000 in October this year. 143,000 foreign and 132,000 domestic tourists were accommodated in Estonia in October 2024. “The number of domestic tourists, which in 2024 has been in decline for most months year on year, took an upturn in October,” noted Laurmaa. Nearly 58,000

Number of tourists in accommodation establishments did not increase significantly in September

Kuupäev 08.11.2024
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  3. Number of tourists in accommodation establishments did not increase significantly in September
Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 6% lower than in September 2019. The number of foreign tourists in accommodation establishments was down by 20%, whereas the number of domestic tourists was 19% higher than in September of the record year before the crisis. “153,000 foreign and 125,000 domestic tourists were accommodated in Estonia in September 2024. The number of domestic tourists fell for the third month in a row,” Laurmaa added. Nearly 46,000 tourists arrived from Finland, representing 30% of all accommodated

In the third quarter, the number of job vacancies decreased by a fifth year on year

Kuupäev 05.12.2024
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  3. In the third quarter, the number of job vacancies decreased by a fifth year on year
“In the third quarter, the total number of vacant and occupied posts was a little under 604,000. The majority of the posts were in manufacturing, trade, and education,” said Sigrid Saagpakk, analyst at Statistics Estonia. Vacant posts accounted for 1.6% of the total number of posts. The number of job vacancies was the highest in education (1,674), trade (1,322), and public administration and defence (1,278). The number of people leaving their job was the greatest in wholesale and retail trade. The number of people hired was the highest in education. The number of people leaving their job at

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

Decline in retail trade volume in June was most affected by stores selling manufactured goods

Kuupäev 30.07.2024
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  3. Decline in retail trade volume in June was most affected by stores selling manufactured goods
According to Statistics Estonia, in June 2024, the turnover of retail trade enterprises was €866 million. Compared with June 2023, the volume of retail trade turnover fell by 5%.

Exports of services up by 8% in the third quarter

Kuupäev 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

Number of unemployed persons down by 1,500 in third quarter

Kuupäev 15.11.2024
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  3. Number of unemployed persons down by 1,500 in third quarter
Tea Vassiljeva, analyst at Statistics Estonia, noted that the unemployment rate fell by 0.2 percentage points compared with the second quarter. “The number of the unemployed was 56,300 in the third quarter, and it has been slowly declining since the beginning of the year, but there were still 1,500 more unemployed persons than in the third quarter of 2023,” she said. Compared with the second quarter of 2024, the number of unemployed persons was down by 1,500 in the third quarter. Unemployment fell particularly among men and young people aged 15–24. “There were 2,300 fewer unemployed people in

Exports of goods boosted by domestic products in November

Kuupäev 09.01.2025
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  3. Exports of goods boosted by domestic products in November
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that exports of goods of Estonian origin increased by 6% in November, while re-exports decreased by 2%. “The share of goods of Estonian origin in total exports was up by two percentage points in November, accounting for 66%. The groups of goods of Estonian origin with the largest exports in November were electrical equipment and wood and articles of wood,” Leppmets noted. The main commodities exported in November were electrical equipment (16% of Estonia's total exports), agricultural products and food preparations (14%), and

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