Financial leasing – a lease contract by which all risks and rewards of ownership are transferred from lessor to lessee.

Investments in fixed assets – the cost of buildings, equipment, machinery, vehicles, installation, etc. purchased in the reference period; in the case of construction and reconstruction of the existing fixed assets, it includes also the cost of work done; investments in intangible goods and in valuables.

Net sales – income from sale of all products, goods and services received or to be received, which does not include VAT and excises. Net sales is equal with the pay received or to be received and is calculated on a accrual basis accounting. In tables the indicator ‘Net sales’ generally includes subsidies if the additional note is absent.

Number of employees – persons who work for an employer and who have a contract of employment and receive compensation in the form of wages, salaries, fees, gratuities, piecework pay or remuneration in kind. Number of employees is measured as an annual average.

Number of enterprises – enterprises, which were economically active in the reference period (had sales, expenditure, etc.).

Number of hours worked hours actually worked during normal working hours (of full- and part-time employees) and also overtime. If the exact number of hours actually worked is not known, it may be estimated on the basis of the theoretical number of working hours.

Number of persons employed – total number of persons who work in the enterprise, irrespective of the length of their working week. The number of persons employed is measured as an annual average.

Employed persons include:

- working proprietors and unpaid family members;

- full- and part-time employees who are on the pay-roll;

- persons who work outside the unit (sales representatives, delivery personnel, repair and maintenance teams, etc.) but who are in the staff list and on the pay-roll of the enterprise;

- persons temporarily absent from work (persons on sick leave, paid leave, study leave, on strike, etc.)

- seasonal workers, trainees (apprentices) and homeworkers who are on the pay-roll;

- persons employed under contract for services.

Unpaid family workers refer to persons who live with the proprietor of the enterprise and work regularly for the enterprise, but who do not have an employment contract and who do not receive remuneration for the work they perform. This group includes only those persons who are not on the payroll of another enterprise as full-time employees.

The number of employed persons excludes the staff of other enterprises who carry out ordered work, and also persons who are absent from work for a long time (persons on child care leave, conscripts, etc.).

Personnel expenses are made up of wages and salaries, and social tax.

Sale to non-residents – the revenue from the sale of goods and services to non-residents.

Total profit (loss) – net sales minus costs.

Wages and salaries – the total remuneration payable to all persons counted on the payroll (including homeworkers), in return for work done during the reference period.




The financial data of enterprises have been collected on the basis of the annual statistical questionnaire “EKOMAR”, “Annual data of agriculture, hunting and fishing enterprises”.

The financial data of enterprises do not include data of budgetary institutions and organisations, sole proprietors and farms. The financial data of enterprises total do not include the data of the branch of activity "Financial intermediation".



Statistical unit

Statistical unit is the enterprise as a company – public limited company, private limited company, general partnership, limited partnership, commercial association and branch of foreign company.

Population and sampling frame

Survey population comprise enterprises, which are included in the register of economically active enterprises called statistical profile. The statistical profile is created on the basis of the database of the Ministry of Justice Centre of Register and is used as a sampling frame.


The financial data (excluding enterprises of financial intermediation) are collected by sample survey, using stratified simple random sampling. The population was stratified by economic activity, by number of persons employed and by type of owner.

Enterprises have been divided into groups by economic activity according to the Estonian Classification of Economic Activities (EMTAK), which is based on the NACE (Statistical Classification of Economic Activities in the European Communities).

Enterprises were classified also by type of owner according to shareholding interest (i.e. who holds the majority of votes in commercial undertaking). Enterprises are considered to be in public ownership in case the shareholding of the state or local government is 50% or more.

Enterprises are considered to be in private ownership in case the shareholding of the state or local government is less than 50%.

All state and municipal enterprises as well as enterprises of private ownership with 20 or more employees are completely enumerated. The rest of enterprises belonging to Estonian and foreign persons in private law are sampled.

Number of respondents

The group of respondents includes enterprises, which had completed the questionnaire, as well as enterprises, which had no economic activity in the reference period.



According to the Official Statistics Act (Articles 8 and 9), Statistics Estonia is obliged to ensure the protection of the collected data. The data can be used only for statistical purposes. The data are disseminated and transmitted in a generalised form, all characteristics, which permit identification of respondents, are excluded, the data have to be grouped in at least threes where the proportion of each respondent's data in aggregations does not exceed 90%. In case there are only one or two enterprises in a group, the data can be transmitted or disseminated only by the written consent of respondents.


Estonian Classification of Economic Activities (EMTAK 2003) based on NACE Rev.1.1


Agriculture, hunting and forestry

A 01

..agriculture, hunting and related service activities

A 02

.forestry, logging and related service activities

B 05



Mining and quarrying


..mining of coal and lignite; extraction of peat


..extraction of crude petroleum and natural gas


..other mining and quarrying




..manufacture of food products and beverages


..manufacture of textiles and textile products


....manufacture of textiles


....manufacture of wearing apparel; dressing and dyeing of fur


..manufacture of leather and leather products


..manufacture of wood and wood products


..manufacture of pulp, paper and paper products; publishing


....manufacture of pulp, paper and paper products


....publishing, printing and reproduction of recorded media


..manufacture of coke, refined petroleum products, nuclear fuel


..manufacture of chemicals and chemical products


..manufacture of rubber and plastic products


..manufacture of other non-metallic mineral products


..manufacture of basic metals and fabricated metal products


....manufacture of basic metals


..manufacture of fabricated metal products, except machinery


..manufacture of machinery and equipment n.e.c.


..manufacture of electrical and optical equipment


....manufacture of office machinery and computers


....manufacture of electrical machinery and apparatus n.e.c.


....manufacture of radio, television and communication equipment


....manufacture of medical and optical instruments and watches


..manufacture of transport equipment


....manufacture of motor vehicles, trailers and semi-trailers


....manufacture of other transport equipment


..manufacturing n.e.c.


....manufacture of furniture; manufacturing n.e.c.




Electricity, gas and water supply

E 40

..electricity, gas, steam and hot water supply

E 41

..collection, purification and distribution of water

F 45



Wholesale and retail trade; repair of motor vehicles etc.

G 50, repair of motor vehicles; retail sale of automotive fuel

G 51

..wholesale trade and commission trade

G 52

..retail trade, excl motor vehicles; repair of household goods

H 55

Hotels and restaurants


Transport, storage and communication

I 601

..transport via railways

I 602

..other land transport

I 61

..water transport

I 62

..air transport

I 63

..supporting transport activities; travel agencies

I 64 and telecommunications

I 641 and courier activities

I 642



Financial intermediation


Real estate, renting and business activities

K 70

..real estate activities

K 71

..renting of machinery and equipment without operator

K 72 and related activities

K 73

..research and development

K 74

..other business activities

M 80


N 85

Health and social work


Other community, social and personal service activities

O 90

..sewage and refuse disposal, sanitation and similar activities

O 92

..recreational, cultural and sporting activities

O 93

..other service activities



Eesti statistika aastaraamat. Statistical Yearbook of Estonia

Eesti piirkondlik statistika. Regional Statistics of Estonia. Aastakogumik

Ettevõtete majandusnäitajad. Financial Statistics of Enterprises. Aastakogumik




Reet Nestor

Enterprise and Agricultural Statistics Department

Tel +372 625 9131


Updated: 06.02.2014