Finance
General government debt continued to grow in 2024, while the budget deficit decreased
According to the preliminary data of Statistics Estonia, in 2024, the Estonian general government deficit was 1.7% and the debt level was 23.6% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 665.7 million euros.
The dwelling price index rose by 6.1% in 2024
According to Statistics Estonia, in 2024, the dwelling price index increased by 6.1% compared with the average of 2023. In the fourth quarter of 2024, the index was up by 3.6% compared with the fourth quarter of 2023 and down by 0.7% compared with the third quarter of 2024.
In February, the industrial producer price index was affected the most by the rising price of electricity
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 3.3% in February 2025 compared with January and by 6.1% compared with February last year.