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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.

The business sector’s profit in the 2nd quarter was mainly based on domestic consumption

According to Statistics Estonia, in the 2nd 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.

Industrial production in July was smaller than a year ago

According to Statistics Estonia, in July 2012, the production of industrial enterprises decreased by 7% compared to the same month of the previous year. The main reason for the decline was the decrease in energy and mining production.

PHC 2011: 157 native languages spoken in Estonia

Statistics Estonia reports that, according to the preliminary results of the Population and Housing Census, 157 native languages are spoken in Estonia. 68.5% of the population speak Estonian as the native language, with one tenth of the population able to speak an Estonian dialect.

The growth in retail sales continued also in July

According to Statistics Estonia, in July 2012 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased 6% at constant prices.

The increase in wages and salaries slowed down in the 2nd quarter

According to Statistics Estonia, in the 2nd quarter of 2012, the average monthly gross wages and salaries were 900 euros and increased 5.0% compared to the 2nd quarter of the previous year. The increase was smaller than in the previous quarters.

Construction grew about a third in the 2nd quarter

According to Statistics Estonia, in the 2nd quarter of 2012 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries grew 30%, while the growth on the domestic market was 31%.

The producer price index increased in July

According to Statistics Estonia, in July 2012 the producer price index of industrial output changed by 0.2 % compared to June 2012 and by 1.5% compared to July of the previous year.

PHC 2011: The share of Estonian citizens in the population has increased

According to the preliminary data of the 2011 Population and Housing Census, of the 1,294,236 enumerated permanent residents in Estonia, 1,101,761 are Estonian citizens. Compared to the previous census, the share of Estonian citizens has increased from 80% to 85%.

In the 2nd quarter unemployment decreased

According to Statistics Estonia, in the 2nd quarter of 2012, the number of unemployed persons decreased to 71,000 and the unemployment rate to 10.2%. The situation of young people on the labour market has not improved this year.

Deceleration of economic growth continued in the 2nd quarter

According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia increased by 2.0% in the 2nd quarter of 2012 compared to the same quarter of the previous year.

Record number of tourists stayed in accommodation establishments in the 1st half-year

According to Statistics Estonia, in the 1st half-year of 2012, 1.24 million tourists stayed in the accommodation establishments of Estonia, which was 6% more than last year and more than in the 1st half-year of any previous year.

In June the trade deficit increased

According to Statistics Estonia, in June 2012, exports of goods from Estonia increased by 7% at current prices and imports to Estonia by 14% compared to June of the previous year. Faster growth in imports compared to exports increased also the trade deficit.