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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.

A team of Estonian students ranked first in an international competition

In the international phase of the European Statistics competition, students had to make a video using official statistics to introduce their country. In the senior age group, the winner was team Radiaator from Hugo Treffner Gymnasium. The team members were Toomas Roosma, Kertu Liisa Lepik and Paul Erik Olli, supervised by Kerli Orav-Puurand.

1st quarter GDP at 6.7 billion euros in current prices

According to Statistics Estonia, the year-on-year growth of the gross domestic product (GDP) of Estonia was 4.5% in the first quarter of 2019.

In April, the total industrial production remained the same year on year

According to Statistics Estonia, production increased in manufacturing, but decreased in energy and mining.

The turnover of the business sector increased in the 1st quarter

According to Statistics Estonia, in the 1st quarter of 2019, enterprises sold goods and services for 14.8 billion euros, which was 7% more than in the same period the year before.

In April, the turnover growth of retail trade enterprises accelerated

According to Statistics Estonia, in April 2019, compared to April of the previous year, the turnover of retail trade enterprises increased 8% at constant prices and was 614 million euros.

In the 1st quarter, the average wages and salaries were 1,341 euros

According to Statistics Estonia, in the 1st quarter of 2019, the average monthly gross wages and salaries increased by 7.9% compared to the 1st quarter of 2018. In the 1st quarter of 2019, the average hourly gross wages and salaries were 7.90 euros, which is 7% more than in the 1st quarter of 2018.

Construction growth slowed down

According to Statistics Estonia, in the 1st quarter of 2019, the total production of Estonian construction enterprises in Estonia and foreign countries increased by 2% compared to the 1st quarter of 2018. Construction volume increased due to the work done in foreign countries. On the Estonian construction market, construction volume decreased.

Last year, a record amount of aquaculture production was sold

According to Statistics Estonia, in 2018, aquaculture enterprises sold 944 tonnes of commercial fish and crayfish, with a total value of 4.2 million euros. The volume of aquaculture production sold in 2018 was highest in the last twenty five years.

Enterprises can now compare themselves in eSTAT

Statistics Estonia’s data submission environment eSTAT now allows respondent enterprises to compare their wages, profit and turnover with indicators of the same economic activity and Estonian averages. eSTAT displays personalised statistics currently to nearly 20,000 enterprises.