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Finance

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Government finance

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Government finance

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General government finance statistics cast light on the use of state funds. In Estonia, the general government sector is divided into three: central government comprising state budget units and extra-budgetary funds, foundations and legal entities governed by public law; local governments, i.e. city and rural municipality administrations with their subsidiary units; social security funds: Estonian Health Insurance Fund and Estonian Unemployment Insurance Fund. General government finance statistics cover general government financial indicators, such as tax receipts, general government revenue

General government debt continued to grow in 2024, while the budget deficit decreased

Kuupäev 25.03.2025
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  3. General government debt continued to grow in 2024, while the budget deficit decreased
In Estonia, the general government sector comprises three sub-sectors: central government, local governments, and social security funds. The central government sub-sector includes state budget units, foundations, and legal entities governed by public law. The local government sub-sector includes city and rural municipality governments with their subsidiary units, and foundations. Pauline Kommer, team lead of government finance statistics at Statistics Estonia, said that both the central government and local governments ended 2024 in deficit. “The deficit was 553.9 million euros for the central

European Social Fund Participants Survey

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What kind of survey is it? The results of the European Social Fund (ESF) Participants Survey are used to assess the effectiveness of the use of European Social Fund money. Who commissions the survey? The survey is conducted in cooperation with the Ministry of Finance. Why are the data needed? Since 2014, Estonia has been allocated nearly €600 million from the European Social Fund (ESF), which is used to finance retraining, support person services, training programmes, and other activities for the unemployed. The effectiveness of using these funds cannot only be measured by spending, but also

The dwelling price index rose by 6.1% in 2024

Kuupäev 21.03.2025
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  3. The dwelling price index rose by 6.1% in 2024
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of

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

HICP flash estimate: prices down by 0.3% in March

Kuupäev 01.04.2025
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  3. HICP flash estimate: prices down by 0.3% in March
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that preliminary data from the harmonised index of consumer prices indicate that prices have risen across almost all categories of goods and services compared with March 2024. “Clothing and footwear are again the only exception, as their prices were down by 3.6%,” noted Veski. The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account tourists and is comparable to the international HICP. The consumer

HICP flash estimate: prices up by 1.2% in April

Kuupäev 02.05.2025
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  3. HICP flash estimate: prices up by 1.2% in April
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account tourists and is comparable to the international HICP. “According to initial estimates, the harmonised index of consumer prices in April was most affected by increases in the prices of healthcare services and food as well as by lower housing costs,” said Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for April will be published by Statistics Estonia on 8 May . Data

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