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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

According to the preliminary estimate of Statistics Estonia, in June, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 0.4% compared with May. Compared with June 2025, the HICP rose by 2%. This is a flash estimate which will be refined once more detailed data on June prices are received.

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.

Average wages increased by 5.6% last year

Average wages and salaries were 2,135 euros in the first quarter

Estonia’s economy fared better in 2025 than in the two preceding years

In January, the consumer price index increased

According to Statistics Estonia, in January 2018, the change of the consumer price index was 0.4% compared to December 2017 and 3.5% compared to January 2017.

In 2017, the number of tourists in accommodation establishments increased

According to Statistics Estonia, 3.5 million domestic and foreign tourists stayed in the accommodation establishments of Estonia in 2017, i.e. 7% more than in 2016.

In 2017, the volume of industrial production increased

According to the preliminary data of Statistics Estonia, in 2017, the production of industrial enterprises rose 8% compared to the previous year. Production volume increased in energy, mining and manufacturing.

In December, the turnover of retail trade enterprises increased

According to Statistics Estonia, in December 2017, compared to December 2016, the turnover of retail trade enterprises increased 1% at constant prices.

Milk production increased slightly

According to the preliminary data of Statistics Estonia, the production of milk amounted to 791,800 tonnes in 2017, which is 1% more than the year before. The number of dairy cows increased slightly by the end of the year and also the average annual milk production per cow increased.

There are people of 224 different ethnic nationalities living in Estonia

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

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

The share of innovative enterprises in Estonia is growing

Popular

Average wages increased by 5.6% last year

Average wages and salaries were 2,135 euros in the first quarter

Estonia’s economy fared better in 2025 than in the two preceding years

In January, the consumer price index increased

In 2017, the number of tourists in accommodation establishments increased

In 2017, the volume of industrial production increased

In December, the turnover of retail trade enterprises increased

Milk production increased slightly

Good yield slightly compensated for harvesting losses

Construction price index increased last year

The industrial producer price index decreased in December

The population of Estonia increased last year

In November 2017, trade increased

In December, the consumer price index was affected the most by food and alcoholic beverages

The greatest impact on the annual change of the consumer price index came from food