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News

HICP flash estimate: prices up by 0.5% in July

GDP flash estimate: the economy grew by 2.1% in Q2

Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined

In May, there were 5% more accommodated tourists than the year before

HICP flash estimate: prices down by 0.4% in June

In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly

Today, on 25 June, Statistics Estonia published the June results of the surveys that measure the economic confidence of enterprises and consumers.

The number of international students decreased last year but their tax contribution increased

According to Statistics Estonia, in the academic year 2024/25, international students studying and working in Estonia contributed 16.6 million euros in taxes. In the same period, international graduates of the academic year 2023/24 contributed 7.5 million euros as labour taxes in Estonia. Throughout the analysed period (2017–2025), international students and graduates have contributed over 317 million euros in taxes in Estonia.

The share of innovative enterprises in Estonia is growing

According to Statistics Estonia, 65% of Estonian enterprises have introduced product or process innovations. The share of innovative enterprises is the highest in financial and insurance activities and in information and communication.

Latest business and consumer survey results published by Statistics Estonia

On 26 May, Statistics Estonia published for the first time the results of the surveys that measure consumers’ and enterprises’ economic confidence. The data are published in the statistical database.

In May, the volume of industrial production decreased

According to Statistics Estonia, in May 2016, the production of industrial enterprises decreased 2% compared to May of the previous year. Production decreased in the energy sector and in mining and quarrying, but increased in manufacturing.

The turnover growth of retail trade enterprises accelerated further in May

According to Statistics Estonia, in May 2016 compared to May 2015, the turnover of retail trade enterprises increased 8% at constant prices. While in April the turnover increased 6% compared to the same month of the previous year, in May the turnover growth accelerated further.

Lagle Sammelsaar wins the young statistician’s grant

Today, on 21 June, the Director General of Statistics Estonia Mr Andres Oopkaup presented Ms Lagle Sammelsaar with the Albert Pullerits young statistician’s grant.

The annual growth of the Dwelling Price Index was 2%

According to Statistics Estonia, in the 1st quarter of 2016, the Dwelling Price Index changed by -0.1% compared to the 4th quarter of 2015 and by 2% compared to the 1st quarter of 2015.

The producer price index of industrial output decreased in May

According to Statistics Estonia, in May 2016, the producer price index of industrial output changed by -0.2% compared to April 2016 and by -1.8% compared to May 2015.

Last year, the cinema screenings of European films outnumbered those of American films for the first time

According to Statistics Estonia, there were 3.1 million cinema visits in Estonia in 2015, which is an all-time record since the restoration of independence. A record number of films were screened in Estonian cinemas, with the majority of the films being European ones for the first time.

In April the number of tourists in accommodation establishments increased

According to Statistics Estonia, 226,000 domestic and foreign tourists stayed in accommodation establishments in April 2016, which was 8% more than in April 2015. The number of both domestic and foreign tourists increased.

The economy grew in the 1st quarter

According to the revised estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 1.7% in the 1st quarter of 2016 compared to the 1st quarter of the previous year.

In April, the imports of goods increased by about a tenth

According to Statistics Estonia, in April 2016, the exports of goods increased by 2% and imports by 9% compared to April of the previous year. The imports of goods increased in almost all commodity sections.

In the 1st quarter, the number of job vacancies increased

According to Statistics Estonia, there were about 8,300 job vacancies in the enterprises, institutions and organisations of Estonia in the 1st quarter of 2016. The number of job vacancies increased by 25% compared to the previous quarter and by 14% compared to the 1st quarter of 2015.

In May, the annual change in the consumer price index was influenced the most by transport

According to Statistics Estonia, the change of the consumer price index in May 2016 was 0.1% compared to April 2016 and -0.9% compared to May of the previous year.

The profit of the business sector decreased in the 1st quarter

According to Statistics Estonia, in the 1st quarter of 2016, the total profit of the business sector was 521 million euros, which was 12% less than in the same period a year ago.