Green economy
The green economy seeks a balance between human needs and the conservation of natural resources. More energy and material-efficient production, protecting the environment, manufacturing products with higher value-added as well as eco-design should ensure that human activities are more compatible with the nature's cycles and not a burden on nature.
Green economy statistics provide an overview of the environmental goods and services sector’s
- output;
- exports;
- employment;
- value added;
- share in total economy.
Based on statistics, the state can decide how to manage resources sustainably.
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Output, million euros | 2,200 | 2,351 | 2,480 | 2,723 | 2,825 | 2,897 | 3,614 | 4,298 | 4,111 |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Value added, million euros | 859 | 925 | 1,017 | 1,094 | 1,081 | 1,078 | 1,326 | 1,537 | 1,495 |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Employment, full time equivalent | 26,510 | 25,879 | 25,400 | 25,679 | 25,942 | 27,829 | 27,878 | 30,093 | 30,067 |
Renewable energy and energy efficiency solutions are the main drivers of Estonia’s output of environmental goods and services
According to Statistics Estonia, the output of environmental goods and services in 2023 was 4.1 billion euros. The value added of the environmental goods and services sector represented 3.9% of the gross domestic product (GDP) in 2023.
Share of environmental goods and services sector in GDP up by a quarter in eight years
According to Statistics Estonia, the output of the environmental goods and services sector amounted to €5 billion in 2022. The output of goods and services in the energy efficiency and renewable energy sector accounted for nearly two thirds of this, or €3.1 billion. The share of value added of the environmental goods and services sector in gross domestic product (GDP) has increased by a quarter, or one percentage point, compared with 2014.