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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.

PHC 2011: almost 4% of population aged 15 and over are self-employed

According to the data of the 2011 Population and Housing Census (PHC 2011), most of the Estonian residents are employees. 3.8% of the persons aged 15 and over are self-employed.

PHC 2011: Almost 25,000 Estonian residents go to work abroad

According to the data of the 2011 Population and Housing Census (PHC 2011), 24,907 permanent residents of Estonia – 4.4% of all employed persons – go to work abroad. 28,984 residents work outside their county of residence.

PHC 2011: the population of Estonia is concentrated around larger cities

According to the final results of the 2011 Population and Housing Census (PHC 2011), 1,294,455 permanent residents were enumerated in Estonia. The census results indicate the continued concentration of the population around major cities.

In October the foreign trade deficit increased significantly

According to Statistics Estonia, in October 2012, exports from Estonia amounted to 1.1 billion euros and imports to Estonia to 1.3 billion euros at current prices. Both, the turnover of exports as well as imports, were record high, at the same time the trade deficit increased.

In October, the number of tourists in accommodation establishments increased

According to Statistics Estonia, in October 2012, 220,000 domestic and foreign tourists stayed in accommodation establishments, which was 3% more than in October of the previous year.

Economic growth accelerated in the 3rd quarter

According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 3.5% in the 3rd quarter of 2012 compared to the same quarter in the previous year.

In November, the monthly change of the consumer price index was influenced the most by the price decrease of petrol

According to Statistics Estonia, the change of the consumer price index was -0.3% in November 2012 compared to October and 3.6% compared to November of the previous year.

Statistics Estonia will auction off the enumerators’ mobile

Statistics Estonia will sell some of the mobile phones used in the 2011 Population and Housing Census through public auction. A total of 720 mobile phones that were used by the enumerators will be put up for an electronic auction.

In the 3rd quarter the number of job vacancies decreased

According to Statistics Estonia, there were 7,600 job vacancies in the enterprises, institutions and organisations of Estonia in the 3rd quarter of 2012 and their number decreased by 2.6% compared to the same period of the previous year.

The business sector’s profit is continually based on domestic consumption

According to Statistics Estonia, in the 3rd quarter of 2012, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

In 2011 the oil industry accounted for one third in Estonian R&D expenditure

According to Statistics Estonia, in 2011 the ratio of research and development expenditures to the gross domestic product rose upon a novel level – 2.41%, surpassing for the first time the EU mean of 2.03%.

Retail sales growth decelerated a little in October

According to Statistics Estonia, in October 2012 compared to October of the previous year, the retail sales of goods of retail trade enterprises increased 5% at constant prices. In September the retail sales increased 7% compared to the same month of the previous year, while in October the retail sales growth decelerated slightly.