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Estonian residents are travelling just as much as five years ago

Article
In the second quarter of 2022, Estonian residents travelled much more than in the second quarter of last year: the number of domestic trips grew by 45% and the number of outbound trips by 319%, that is, over three times.

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.

The economy contracted by 2.4% due to rising prices

Article
According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.

People are travelling more, domestic trips have become more expensive

Article
In 2021, Estonian residents made 575,000 outbound overnight trips, which is 3% more than the year before. The number of overnight domestic trips was nearly 2.3 million – this is 6% more than in 2020. Last year, the expenditures on outbound trips amounted to over 495 million euros and the expenditures on domestic trips to more than 402 million euros.

In January, electricity had the biggest impact on the consumer price index

Article
According to Statistics Estonia, in January 2022, the consumer price index changed by -0.1% compared to December 2021 and by 11.3% compared to January 2021. Goods were 9.0% and services 16.0% more expensive than in January last year.

Estimated subsistence minimum

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The subsistence minimum is the minimum amount of means of subsistence required to cover a person's daily needs. It serves as the absolute poverty threshold. Subsistence minimum is calculated taking into account food and dwelling expenditures and individual non-food expenditures. Subsistence minimum does not include expenditures on alcohol, tobacco products, package tours, the purchase of transport equipment and expenses in restaurants and hotels. The basis for calculating food expenditure is the minimum estimated food basket (2,400 kcal per day). It includes food products that cover a person’s