While 15 years ago, services accounted for 68 percent of Estonia’s GDP, this year it will reach 74.5 percent.However, if Estonia wants to be a prosperous society, the country will continue to need a competitive and smart industry, according to Minister of Economic Affairs and Communications Erkki Keldo (Reform).
The services sector of the Estonian economy, which includes trade, tourism, public administration and other services, is growing all the time, while the share of industrial activities has been declining.In 2010, the service-based economy accounted for 68 percent of Estonia’s GDP, while ten years later it was up to 73 percent.This year, the share could reach 74.5 percent, according to ETV news show “Aktuaalne kaamera.
Read more: ERR.EE
