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News

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

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.

Statistics Estonia starts monitoring consumers’ and enterprises’ economic confidence: each response matters

On 4 May, Statistics Estonia begins the economic sentiment surveys that show how secure Estonian residents feel financially and how enterprises see the future of their business activities.

Construction volumes increased in the 1st quarter

According to Statistics Estonia, in the 1st quarter of 2016 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 3%. If only the Estonian construction market is taken into account, the construction volumes increased 5%.

In the 1st quarter, the increase in average monthly gross wages and salaries accelerated slightly

According to Statistics Estonia, in the 1st quarter of 2016, the average monthly gross wages and salaries were 1,091 euros and the average hourly gross wages and salaries were 6.86 euros. Compared to the 1st quarter of 2015, the average monthly gross wages and salaries increased by 8.1% and the average hourly gross wages and salaries by 7.7%. In the 1st quarter, the average annual growth of monthly gross wages and salaries was slightly faster than in the 4th quarter of 2015.

Last year, immigration exceeded emigration for the first time after the restoration of independence in Estonia

According to Statistics Estonia, 15,413 persons immigrated to and 13,003 persons emigrated from Estonia in 2015. Net migration was 2,410 and natural increase -1,336, meaning that immigration compensated for the population decrease which occurred due to negative natural increase.

The producer price index of industrial output decreased in April

According to Statistics Estonia, in April 2016, the producer price index of industrial output changed by -0.3% compared to March 2016 and by -1.7% compared to April 2015.

The volume of aquaculture production sold fell last year

According to Statistics Estonia, in 2015, the total amount of commercial fish and crayfish sold by aquaculture enterprises was 795 tonnes, with a total value of 3.3 million euros. Compared to 2014, the amount of fish and crayfish production sold has decreased 8% and the monetary value of production – 3%.

Last year, the average monthly gross income exceeded 1,000 euros for the first time

According to Statistics Estonia, in 2015, the average monthly gross income per employee was 1013 euros. The increase continued at the same rate as in the previous years, i.e., at 6% per year.

The number of museum visits fell slightly last year

According to Statistics Estonia, in 2015, Estonian museums were visited 3.3 million times, which is 4% less than a year before. The number of museums remained unchanged compared to 2014.

The beginning of the year did not bring any major changes to the labour market

According to Statistics Estonia, the unemployment rate was 6.5% and the employment rate was 64.1% in the 1st quarter of 2016. There were no major changes compared to the 1st quarter of the previous year.

In the 1st quarter the Estonian economy grew 1.7%

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 1.7% in the 1st quarter of 2016 compared to the 1st quarter of 2015.

In March, more tourists stayed in accommodation establishments than a year ago

According to Statistics Estonia, in March 2016, 212,400 domestic and foreign tourists stayed in accommodation establishments, which was 13% more than in March 2015. The number of both domestic and foreign tourists increased.

In March the decrease in exports of goods was influenced by electrical equipment and mineral products

According to Statistics Estonia, in March 2016, exports of goods decreased by 3% and imports by 1% compared to March of the previous year. In the 1st quarter exports decreased 2% and imports increased 1%.

Statistics Estonia invites students to participate in the competition for the young statistician’s grant

Statistics Estonia announces yet again the competition for the young statistician’s grant named after Albert Pullerits. The aim of the grant is to promote statistics as an important field of science, to encourage students to apply and develop statistical methods and to improve Statistics Estonia’s cooperation with research organisations.