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In the fourth quarter, the economy contracted by 1.2%
Date 01.03.2021
Article
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.
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Labour market indicators have improved year-on-year
Date 14.02.2019
Article
According to Statistics Estonia, in 2018, the labour force participation rate was 71.9%, the employment rate was 68.1% and the unemployment rate was 5.4%. The number of long‑term unemployed was the lowest of the last 20 years.
In June, motor fuel and electricity had the biggest impact on the consumer price index
Date 07.07.2021
Article
According to Statistics Estonia, in June 2021, the consumer price index increased by 1.2% compared to May 2021 and by 3.8% compared to June 2020. Goods were 3.1% and services 5.0% more expensive than in June last year.
Unemployment up by nearly 5,000 persons in the third quarter
Date 13.11.2020
Article
According to Statistics Estonia, in the third quarter of 2020, the labour force participation rate was 71.8%, the employment rate was 66.3%, and the unemployment rate was 7.7%. There were 54,300 unemployed persons, which is 4,900 more than in the second quarter of the year.
Record year in tourism last year
Date 11.06.2018
Article
2017 was a record year in world tourism. More foreign tourists visited Estonia than in any of the previous years. 3.5 million domestic and foreign tourists stayed in Estonian accommodation establishments. There were 7% more tourists in accommodation establishments than a year earlier, including 9% more domestic tourists and 5% more foreign tourists. Of those staying in accommodation establishments, by country of residence, the number of Estonian residents increased the most, and of foreign tourists, more tourists arrived from Russia and Latvia. The total number of domestic and foreign tourists who stayed in accommodation establishments set a new record already for the eighth consecutive year.
Number of e-commerce users increased again, enterprises start to use artificial intelligence
Date 17.09.2021
Article
According to Statistics Estonia, in 2021, the biggest increase compared to the previous year occurred in people’s use of the internet for participating in online courses. The popularity of e-commerce also grew, with 62% of the population aged 16–74 having made online purchases. Among enterprises, the use of enterprise resource planning and customer relationship management software continues to increase. Enterprises are also trying out AI technologies.
Article
According to Statistics Estonia, in 2019, the gross domestic product (GDP) of Estonia at current prices was 28 billion euros. Harju county accounted for 18 billion euros of the GDP, whereas the city of Tallinn contributed 15 billion euros in that county.
Article
Census data show that 58% of the population was employed at the end of 2021, which is 6 percentage points more than 10 years ago. The increase is mainly due to persons of retirement age, but also slightly to the unemployed and students.