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Mertsina: as Incomes Increase, so Does the Demand for Services

Summary by Eesti Rahvusringhääling
According to Statistics Estonia, the share of the service sector in the Estonian economy grew to its highest level in history last year, exceeding a record 75 percent of the total gross domestic product. Swedbank's chief economist Tõnu Mertsina said this is related to the increase in people's incomes.

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Eesti RahvusringhäälingEesti Rahvusringhääling
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Mertsina: as Incomes Increase, so Does the Demand for Services

According to Statistics Estonia, the share of the service sector in the Estonian economy grew to its highest level in history last year, exceeding a record 75 percent of the total gross domestic product. Swedbank's chief economist Tõnu Mertsina said this is related to the increase in people's incomes.

·Estonia
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Eesti Rahvusringhääling broke the news in Estonia on Tuesday, December 16, 2025.
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