Industry Statistics and Rankings
How does this industry perform in Estonia compared to Europe?
Country Benchmarking
Industry Data Estonia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#16 In EuropeBusiness
#16 In EuropeEmployees
#23 In EuropeWages
#22 In EuropeIn the decade after the 2008 financial crisis, pension providers across faced challenging conditions thanks to interest rates falling to historical lows, affecting the returns on fixed-income investments, like bonds. However, despite interest rates picking up in recent years amid the inflationary environment, headwinds remain. Revenue is expected to drop at a compound annual rate of 4.2% over the five years through 2024 to €793 billion, including a forecast fall of 1.8% in 2024. Profit has also edged downwards due to rising interest rates hitting equity and bond markets, though the average industry profit margin still stands strong, at an estimated 43.5% in 2024.
Enterprises
Number of businesses in 2024
Biggest companies in the Pension Funding in Estonia
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Pension Funding in Estonia industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Pension Funding industry in Estonia in 2024?
The market size of the Pension Funding industry in Estonia is €594.9m in 2024.
How many businesses are there in the Pension Funding in Estonia industry in 2024?
There are 23 businesses in the Pension Funding industry in Estonia, which has declined at a CAGR of 1.7 % between 2019 and 2024.
Has the Pension Funding industry in Estonia grown or declined over the past 5 years?
The market size of the Pension Funding industry in Estonia has been declining at a CAGR of 9.6 % between 2019 and 2024.
What is the forecast growth of the Pension Funding industry in Estonia over the next 5 years?
Over the next five years, the Pension Funding industry in Estonia is expected to grow.
What does the Pension Funding in Estonia include?
Defined Contribution schemes and Defined Benefit schemes are part of the Pension Funding industry.
How competitive is the Pension Funding industry in Estonia?
The level of competition is moderate and steady in the Pension Funding industry in Estonia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Fund Management Activities in Estonia
- Insurance in Estonia
- Reinsurance in Estonia
Table of Contents
About this industry
Industry definition
The Pension Funding industry provides retirement benefits for people no longer earning an income. It includes both occupational and personal pension schemes, but doesn’t cover state pensions.
Related Terms
DEFINED BENEFIT SCHEME DEFINED CONTRIBUTION SCHEME ASSETS UNDER MANAGEMENT (AUM)What's included in this industry?
Defined Contribution schemesDefined Benefit schemesCompanies
Industry Code
653 - Pension funding in Estonia
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Pension Funding in Estonia industry?
Outlook
Analysis
What's driving the Pension Funding in Estonia industry outlook?
Volatility
Analysis
What influences volatility in the Pension Funding in Estonia industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Pension Funding in Estonia industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Low interest rates trigger a shift away from DB schemes. DB schemes have struggled in the low interest rate environment, making it difficult for pension funds to compensate for higher inflation.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Pension Funding in Estonia industry's products and services performing?
Analysis
What are innovations in the Pension Funding in Estonia industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Pension Funding in Estonia industry?
International Trade
Highlights
- Total Imports into Estonia
- Total Exports into Estonia
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The pension funding market remains fragmented. However, concentration varies across different countries in Europe; some have a larger number of smaller funds, while others are dominated by a few large funds.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Pension Funding in Estonia located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Pensions funds face heavy regulatory scrutiny. Pension providers must adhere to pension, finance and tax regulations, which can vary between countries.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Pension Funding in Estonia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Struggling investment markets weigh on profitability. Rising interest rates and subdued economic growth have hit investment markets hard, cutting into pension funds’ returns.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Pension Funding in Estonia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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