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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.

Stable growth in retail sales continued in May

According to Statistics Estonia, in May 2012 compared to May of the previous year, the retail sales of goods of retail trade enterprises increased 8% at constant prices.

The decrease in industrial production slowed down in May

According to Statistics Estonia, in May 2012, the production of industrial enterprises decreased by 1% compared to the same month of the previous year. In the manufacturing the decrease was 0.4%.

Quarterly Bulletin of Statistics Estonia_2-12

Producer price index did not change in May

According to Statistics Estonia, in May 2012 the producer price index of industrial output changed by 0.0% compared to April and by 2.0% compared to May of the previous year.

Last year the annual average monthly gross wages (salaries) and the real wages grew

According to Statistics Estonia, in 2011, the average monthly gross wages and salaries were 839 euros and increased by 5.9% compared to the previous year. The real wages also increased after the two years’ decrease.

Commemoration of the history of Statistics Estonia

Today, on 15 June, Statistics Estonia unveiled a commemorative plaque on the former building of the State Statistical Central Bureau in the old town of Tallinn.

In April the number of tourists in accommodation establishments increased

According to Statistics Estonia, in April 2012, 205,000 tourists stayed in the accommodation establishments of Estonia, which was 5% more than in April last year.

In April trade decreased

According to Statistics Estonia, in April 2012, exports of goods from Estonia decreased by 7% and imports to Estonia by 4% at current prices compared to April of the previous year. Compared to the same month of the previous year, exports decreased already for the second month in succession, which is also influenced by the high comparison basis last year. Trade decreased also compared to March.

Economic growth decelerated in the 1st quarter

According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 3.6% in the 1st quarter of 2012 compared to the same quarter in the previous year. The GDP growth decelerated for the second quarter in succession.

The number of job vacancies was over 7,000 in the 1st quarter

According to Statistics Estonia, there were more than 7,000 job vacancies in the enterprises, institutions and organisations of Estonia in the 1st quarter of 2012. The number of job vacancies increased nearly one fifth compared to the same period last year. The rate of job vacancies was 1.3%.

Introduction of renewable sources of energy has significantly reduced the share of oil shale in electricity production

According to Statistics Estonia, in 2011 compared to the previous year, the electricity production from renewable sources has increased by 13%. During the last five years the share of electricity generated from oil shale has decreased by nearly a tenth. At the same time the electricity production from renewable sources has increased eight times.

In May, the monthly change of the consumer price index was influenced by the price decrease in motor fuel

According to Statistics Estonia, the change of the consumer price index was -0.1% in May 2012 compared to April and 3.8% compared to May of the previous year.