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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.

Statistics Estonia made a new population projection until 2040

According to Statistics Estonia’s projection, if the current demographic trends continue, the population of Estonia will decrease by 125,000 in the next roughly 30 years due to negative natural increase and negative net migration. Thus, the projected population of Estonia in 2040 will be 1,195,000.

Unemployment increased slightly at the end of the year

According to Statistics Estonia, unemployed persons numbered 59,000 and the unemployment rate was 8.7% in the 4th quarter of 2013. Although the annual average unemployment rate was lower than in 2012, the decline of unemployment has slowed down.

The total number of real estate transactions increased last year

According to Statistics Estonia, in 2013, 41,650 purchase-sale transactions of real estate in the total value of 2.0 billion euros were notarised. In 2013, the number of transactions increased by 15% compared to 2012 and the total value of transactions increased by 18%.

In 2013, a record number of tourists stayed in accommodation establishments

According to Statistics Estonia, 1.9 million foreign tourists and over a million domestic tourists used the services of accommodation establishments in 2013. The total number of tourists increased 5% compared to 2012.

Economic growth stopped in the 4th quarter

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia in the 4th quarter of 2013 stayed at the same level compared to the 4th quarter of 2012. In 2013, the Estonian economy grew 0.7% compared to the previous year.

Last year Estonia’s trade decreased

According to Statistics Estonia, in 2013, exports of goods decreased by 2% and imports by 1% at current prices, compared to 2012. In 2013, exports and imports decreased after three years of successive growth.

The consumer price index in January was mainly influenced by food

According to Statistics Estonia, in January 2014 compared to December 2013, the change of the consumer price index was 0.4%, and 1.1% when compared to January of the previous year.

Retail sales grew also in the last month of the year

According to Statistics Estonia, in December 2013 compared to December 2012, the retail sales of goods of retail trade enterprises increased 5% at constant prices.

2013 was a successful year for Estonian industry

According to the preliminary data of Statistics Estonia, in 2013 the production of industrial enterprises grew 3% compared to the previous year. Both export sales and the sales on the domestic market increased.

Milk production increased for the fourth year in a row

According to the preliminary data of Statistics Estonia, the production of milk amounted to 762,300 tons in 2013, which is 6% more than a year earlier. The number of dairy cows did not change compared to the previous year, but milk production per cow increased.

The production of cereals decreased last year

According to the preliminary data of Statistics Estonia, the cereal production was 970,800 tons in 2013, which is 2% less than the year earlier.

The construction price index increased in 2013

According to Statistics Estonia, in 2013 the construction price index rose 5.2% compared to the average of 2012.