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According to Statistics Estonia's preliminary estimate, gross domestic product (GDP) continued to decline in the third quarter of 2023. Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that, compared with the third quarter of 2022, GDP fell by around 2.5%.
General government deficit and debt increased last year
Article
According to the preliminary* data of Statistics Estonia, in 2023, the Estonian general government deficit was 3.4% and the debt level was 19.6% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 1.3 billion euros.
The economy contracted by 3% last year
Article
According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.
Recession was wide-ranging in the first quarter
Article
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.
Gender pay gap has narrowed in a year
Article
According to Statistics Estonia, in 2023, the gross hourly earnings of female employees were 13.1% smaller than the earnings of male employees. The gender pay gap decreased by 4.6 percentage points year on year.
Recession slowed down in the second quarter. Photo: Shutterstock
Article
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.
Gender pay gap has widened in a year
Article
According to preliminary data of Statistics Estonia, in 2022, the gross hourly earnings of female employees were 17.7% smaller than the earnings of male employees. The gender pay gap increased by 2.8 percentage points year on year.
Real GDP growth rate (chain-linked volume)
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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.
Guidelines for using confidential data
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As of October 2023, Statistics Estonia deploys a more powerful RDP* research work environment. This allows researchers to work with all datasets over VPN, including those datasets that were previously only available on a secure workstation at Statistics Estonia.
The guide below sets out everything you need to know to log into the RDP environment, as well as all the rules and requirements for using the environment. The specifics of using Windows and macOS are highlighted separately where relevant.
If you wish, it is still possible to work on a secure workstation at Statistics Estonia, and
The Estonian economy contracted by 1.3% last year
Article
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.