Financial statistics of enterprises (quarterly)
Monthly data: Turnover and volume indices of services compared to the fixed base period; change in turnover and volume indices on the same period of the previous year and on the previous period by economic activity. Quarterly data: Enterprises’ turnover, costs, inventories, investments, number of hours worked, value added, productivity and other ratios by economic activity and number of persons employed. | |
Estonian Classification of Economic Activities (EMTAK 2008) based on NACE Rev. 2 | |
Monthly data. Service enterprises: Transportation and storage Accommodation and food service activities Information and communication Real estate activities Professional, scientific and technical activities Administrative and support service activities Quarterly data. Non-financial enterprises: Agriculture, forestry and fishing Mining and quarrying Manufacturing Electricity, gas, steam and air conditioning supply Water supply; sewerage, waste management and remediation activities Construction Wholesale and retail trade; repair of motor vehicles and motorcycles Transportation and storage Accommodation and food service activities Information and communication Real estate activities Professional, scientific and technical activities Administrative and support service activities Education Human health and social work activities Arts, entertainment and recreation Other service activities | |
Monthly data. Turnover index of services – an index that expresses the change in sales of services at current prices. Volume index of services – an index that expresses the change in sales of services at constant prices. Different price indices are used in calculating the index: service producer price indices, consumer price indices, construction price index and wages and salaries index. Quarterly data. Costs total – the cost of products, goods and services sold, and other operating expenses. Other (miscellaneous) expenses, financial and extraordinary costs are not included in costs total. Domestic transport – passenger or freight transport within the borders of Estonia. Economic activity – the main activity of the enterprise by the Estonian Classification of Economic Activities (EMTAK). Enterprise – an enterprise consists of one or more companies (public limited company, private limited company, limited partnership, general partnership, commercial association) or branches of foreign companies, or sole proprietors. Short-term statistics cover only branches of foreign companies with 20 or more persons employed, and sole proprietors. The statistical unit is an enterprise. Information and communications technologies (ICT) manufacturing sector – manufacturing industries whose products are primarily intended to fulfil the function of information processing and communication by electronic means, including transmission and display, or use electronic processing to detect, measure and/or record physical phenomena or to control a physical process. Information and communications technologies (ICT) sector – economic activities whose goods and services are primarily intended to fulfil or enable the function of information processing and communication by electronic means, including transmission and display. (The definition of the OECD (Organisation for Economic Co-operation and Development) is used in order to guarantee the international comparability of the data.) Information and communications technologies (ICT) services sector – service industries whose services are primarily intended to enable the function of information processing and communication by electronic means. International transport – the origin and/or destination point of passenger or freight transport is outside Estonia. Investments in tangible fixed assets and investment property – all expenditures on fixed assets, which prolong the service life or increase the productive capacity of capital goods, improve the quality of production or reduce production expenses. Fixed assets refer to assets which are used in business over a longer period of time, usually for more than a year. The enterprise itself fixes the lower limits of the service life and monetary value of the object of fixed assets and makes the respective entry in the bookkeeping records. Investment property is land and/or buildings held to earn rentals or for capital appreciation or both. Quarterly average number of persons employed – the total number of persons who work in the enterprise. The number of persons employed includes also working proprietors and their family members if they work in the enterprise. Retail sales of goods – reselling of new and second-hand goods by stores, kiosks and stalls to individuals for their private or household consumption. Retail sales do not include sales of durable goods (cars, furniture, consumer electronics, household appliances, etc.) to individuals through leasing enterprises if the leasing enterprise becomes the owner of the goods. Sale of accommodation services – including the cost of providing breakfast and other services if sold together with accommodation. Sale of catering services – sale of ready-to-eat foodstuffs (merchandise and own production) for consumption in the place of sale. Merchandise – goods that the purchaser enterprise sells without further processing. Sale of touring services – travel, transport and accommodation services sold through or directly by travel agencies or tour operators to individuals or business customers; arranging and selling package tours; other travel services, including reservation and booking, tour guide services and tourism promotion activities. Sale of transport services – turnover received or receivable from transport services, including domestic or international passenger or freight transport (road, rail, water and air transport), incl. leasing out lorries or other vehicles with a driver, and taxi services. Services paid abroad – the party ordering the service is located abroad. Services paid in Estonia, international traffic; Services paid in Estonia, domestic traffic – the party ordering the service is located in Estonia in the case of international as well as domestic transport. Standard output – the monetary value of gross agricultural production at farm-gate price corresponding to the average situation of each agricultural activity which is calculated on the basis of crop area, number of livestock and standard output coefficients. Standard output does not include VAT, other taxes on products and direct payments. Subsidies for passenger transport – allocations received from the state or public institutions. Allocations which are intended for a specific purpose of public transport, as designated in the state budget or local government budget, and are used for the organisation of public regular services. Turnover (formerly 'net sales') – income from the sale of all products, goods and services, which does not include VAT, excises and turnover from the sale of fixed assets. Turnover is equal to the pay received or to be received and is calculated on an accrual basis. Turnover excludes subsidies. Wholesale of goods – reselling and mediation of goods to industrial and trade consumers, institutions and organisations, including leasing enterprises. In the mediation of goods, the goods do not belong to the mediator; only commission for services belongs there. | |
Enterprise | |
Enterprises, excluding financial and insurance enterprises FRAME List of active enterprises, excluding financial and insurance enterprises. The list is generated from the Business Register for Statistical Purposes. | |
Estonia as a whole | |
Monthly data: 2020–… Quarterly data: 2001–… | |
Monthly data: 2015=100 Quarterly data: Not applicable |
DIRECTLY APPLICABLE LEGAL ACTS Regulation (EC) No 2019/2152 of the European Parliament and of the Council of 27 November 2019 on European business statistics, repealing 10 legal acts in the field of business statistics (Text with EEA relevance) Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (Text with EEA relevance) OTHER LEGAL ACTS Commission Implementing Decision of 26 June 2014 on granting derogations to Member States with respect to the transmission of statistics pursuant to Regulation (EU) No 549/2013 of the European Parliament and of the Council concerning the European system of national and regional accounts in the European Union (notified under document C(2014) 4164) (Text with EEA relevance) OTHER AGREEMENTS None |
The dissemination of data collected for the purpose of producing official statistics is guided by the requirements provided for in § 32, § 34, § 35, § 38 of the Official Statistics Act. | |
The dissemination of data collected for the production of official statistics is based on the requirements laid down in §§ 34 and 35 of the Official Statistics Act. The principles for treatment of confidential data can be found here. |
Notifications about the dissemination of statistics are published in the release calendar, which is available on the website. Every year on 1 October, the release times of the statistical database, news releases, main indicators by IMF SDDS and publications for the following year are announced in the release calendar (in the case of publications – the release month). | |
All users have been granted equal access to official statistics: dissemination dates of official statistics are announced in advance and no user category (incl. Eurostat, state authorities and mass media) is provided access to official statistics before other users. Official statistics are first published in the statistical database. If there is also a news release, it is published simultaneously with data in the statistical database. Official statistics are available on the website at 8:00 a.m. on the date announced in the release calendar. |
Not published | |
Not published | |
Monthly data. The data are published in the statistical database in the following table: TE011: Turnover and volume indices of services (month). Quarterly data. The data are published in the statistical database in the following tables: EM041: Financial data of enterprises by economic activity and number of persons employed (quarterly); EM042: Investments in tangible fixed assets of enterprises by economic activity (quarterly); EM046: Quality indicators of quarterly enterprise statistics by economic activity; TE0114: Sales and expenditure of service enterprises by economic activity (quarterly); TS060: Income of transport enterprises by type of transport (quarterly); KM0104: Retail sales by economic activity and commodity group (quarterly), KM0107: Trade enterprises' assets, liabilities and trade margin by economic activity (quarterly); TU410: Sale of accommodation, catering and touring services and volume index change (quarters). | |
The dissemination of data collected for the purpose of producing official statistics is guided by the requirements provided for in § 33, § 34, § 35, § 36, § 38 of the Official Statistics Act. Access to microdata and anonymisation of microdata are regulated by Statistics Estonia’s procedure for dissemination of confidential data for scientific purposes. | |
The quarterly data serve as input for the following statistical activities: 20103 “Construction volume indices”, 20401 “Construction price index”, 20413 “Service producer price index”, 20901 “Business register for statistical purposes”, 21405 “National accounts (quarterly)”, 21603 “Trade volume indices” and 21207 “Economic accounts for agriculture”. | |
Data on the quality of the population, sample and respondents are published in the Statistical Database under subject area: “Economy/Financial statistics of enterprises”. |
To assure the quality of processes and products, Statistics Estonia applies the EFQM Excellence Model, the European Statistics Code of Practice and the Quality Assurance Framework of the European Statistical System (ESS QAF). Statistics Estonia is also guided by the requirements in § 7. “Principles and quality criteria of producing official statistics” of the Official Statistics Act. | |
Statistics Estonia performs all statistical activities according to an international model (Generic Statistical Business Process Model – GSBPM). According to the GSBPM, the final phase of statistical activities is overall evaluation using information gathered in each phase or sub-process; this information can take many forms, including feedback from users, process metadata, system metrics and suggestions from employees. This information is used to prepare the evaluation report which outlines all the quality problems related to the specific statistical activity and serves as input for improvement actions. |
Ministry of Economic Affairs and Communications Ministry of Rural Affairs Ministry of the Environment Eesti Pank (central bank of Estonia) | |
Since 1996, Statistics Estonia has conducted reputation and user satisfaction surveys. All results are available on the website of Statistics Estonia in the section User surveys. | |
In compliance with the rules (regulations) |
The type of survey and the data collection methods ensure sufficient coverage and timeliness. | |
Monthly data: Not applicable Quarterly data: The error due to probability sampling is estimated for more important indicators. | |
The response rates in different groups are published in the Statistical Database. |
The data are comparable with the data of other European Union countries because common methodology, concepts and definitions on short-term statistics are used. | |
Monthly data: The time series are comparable starting from 2020. Quarterly data: Time series based on the common methodology start from the year 1998. Due to the elaboration of the definition of 'enterprise' from 2018 onwards, there may be a redistribution of indicators between economic activities (legal entities belonging to a group may be consolidated into one enterprise). | |
The quarterly data of enterprises are comparable with the same annual indicators of the statistical activity 20300 “Financial statistics of enterprises (annual)”. | |
The internal consistency of the data is ensured by the use of a common methodology for data collection and data aggregation. |
The data revision policy and notification of corrections are described in the section Principles of dissemination of official statistics of the website of Statistics Estonia. | |
The published data may be revised if the methodology is modified, errors are discovered, new or better data become available, or when the data for the following month/quarter are available. |
SURVEY DATA Monthly data: The data of value added tax returns (form KMD) from the Estonian Tax and Customs Board are used. Quarterly data: The total population comprises 120,700 objects. The sample includes 11,200 objects. All enterprises with 20 or more persons employed, with a standard output of at least 500,000 euros (agriculture), and those belonging to small strata are surveyed. For enterprises with less than 20 persons employed, stratified simple random sampling by number of persons employed and economic activity is applied. ADMINISTRATIVE DATA Data on the following tax returns are received from the Estonian Tax and Customs Board: value added tax return (form KMD); declaration of income and social tax, unemployment insurance premiums and contributions to mandatory funded pension (form TSD); payments made to resident natural persons, withheld income tax, unemployment insurance premiums and contributions to mandatory funded pension, calculated social tax and contributions to funded pension calculated on parental benefits (form TSD, Annex 1); payments made to non-resident natural persons, withheld income tax, unemployment insurance premiums and calculated social tax (form TSD, Annex 2). DATA FROM OTHER STATISTICAL ACTIVITIES Not used | |
Monthly Quarterly | |
Monthly data: Data from the Tax and Customs Board are received via X-Road and an FTP-server. Quarterly data: Data are collected and the submission of questionnaires is monitored through eSTAT (the web channel for electronic data submission). The questionnaires have been designed for independent completion in eSTAT and include instructions and checks. The questionnaires and information about data submission are available on Statistics Estonia's website, in the section Questionnaires. Data are collected with the quarterly official statistics questionnaire “Economic activity”. | |
Arithmetic and qualitative controls are used in the validation process, including comparison with other data. | |
In the case of missing or unreliable data, estimate imputation based on established regulations will be used. The data of the enterprises that did not submit the questionnaire are replaced by the respective average of responded similar enterprises. Variables and statistical units which were not collected but which are necessary for producing the output are calculated. New variables are calculated by applying arithmetic conversion to already existing variables. This may be done repeatedly, the derived variable may, in turn, be based on previously derived new variables. For statistical units weights are calculated, which are used to expand the data of the sample survey to the total population. Microdata are aggregated to the level necessary for analysis. This includes aggregating the data according to the classification, and calculating various statistical measures, e.g. average, median, dispersion, etc. The collected data are converted into statistical output. This includes calculating additional indicators. | |
The series of turnover and volume indices of services (month) and labour costs (quarter) are adjusted. The time series are seasonally and calendar adjusted. |
Since 2016 the statistical activities 20005 “Quarterly economic indicators of service enterprises”, 20006 “Quarterly economic indicators of industrial enterprises”, 20101 “Quarterly economic indicators of construction enterprises”, 20504 “Quarterly accounts of information and communication technology sector”, 21602 “Quarterly economic indicators of trade enterprises”, 22019 “Quarterly economic indicators of transport enterprises” and 22106 “Quarterly economic indicators of tourism and accommodation” are merged with the activity 20007 “Financial statistics of enterprises (quarterly)”. With the listed statistical activities, the indicators of enterprises of selected economic activities were compiled to be published as a separate table. Since 2018 is merged statistical activity 20004 “Financial statistics of agricultural, forestry and fishing enterprises (quarterly)”. |