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Economic growth hindered by rising prices

Article
In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.

Real GDP growth rate (chain-linked volume)

Area
Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.

General government deficit decreased significantly, the debt level is stable

Article
According to the preliminary data of Statistics Estonia, in 2021, the Estonian general government deficit was 2.4% and the debt level was 18% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 721 million euros.

Gender pay gap was the smallest on record

Article
According to Statistics Estonia, in 2021, the gross hourly earnings of female employees were 14.9% smaller than the earnings of male employees. The gender pay gap decreased by 0.7 percentage points year on year.

Estonian economy grew by 5.2% compared to the pre-pandemic level

Article
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2021, the gross domestic product (GDP), which shows how the Estonian economy is doing, grew by 8.6% compared to the same period of 2020. The GDP at current prices was 8.7 billion euros.

In the third quarter, Estonian economy grew by 8.6%

Article
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.

The main driver of economic growth in 2019 was the service sector in Harju county

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.

Estonia is an attractive destination for highly educated immigrants

Article
During the population and housing census, information on the highest level of education attained by inhabitants of Estonia was also gathered. Collected data revealed that the educational attainment of the population continues to rise. The level of education of foreigners living in here has also increased significantly. Below we will take a closer look at the educational attainment of the native Estonian- and Russian-speaking population as well as that of other mother tongue speakers and see how it has changed since the previous censuses.