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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.

Milk production increased for the fifth year in a row

According to the preliminary data of Statistics Estonia, the production of milk amounted to 799,300 tons in 2014, which is 4% more than the year earlier. The number of dairy cows decreased by the end of the year, but milk production per cow increased.

The production of cereals broke records last year

According to the preliminary data of Statistics Estonia, cereal production was 1,221,600 tons in 2014, which is 25% more than the year before and the biggest cereal production ever recorded in Estonia.

The construction price index increased in 2014

According to Statistics Estonia, in 2014, the construction price index rose 0.5% compared to the average of 2013.

In December, the producer price index of industrial output continued to decrease

According to Statistics Estonia, in December 2014, the producer price index of industrial output changed by -0.4% compared to November 2014 and by -1.6% compared to December 2013.

The population of Estonia decreased last year

According to the initial estimates of Statistics Estonia, the population number of Estonia as at 1 January 2015 was 1,312,300, which is 3,600 persons less than at the same time a year ago.

In November foreign trade decreased

According to Statistics Estonia, in November 2014, exports of goods decreased by 1% and imports by 3% at current prices compared to November 2013. The decrease in exports was mostly influenced by the reduced exports of agricultural products and food preparations and mechanical appliances to Russia.

In November, the number of tourists using the services of accommodation establishments increased

According to Statistics Estonia, 216,000 tourists stayed in accommodation establishments in November 2014, which was 3% more than in November 2013. The number of both foreign and domestic tourists increased.

In December, the consumer price index was influenced the most by the cheaper prices of motor fuel

According to Statistics Estonia, the change of the consumer price index in December 2014 was 0.0% compared to November 2014 and -0.5% compared to December 2013.

The annual change of the consumer price index was mainly influenced by electricity

According to Statistics Estonia, the consumer price index decreased 0.1% in 2014 compared to the average of 2013.

In November, the increase in industrial production continued

According to Statistics Estonia, in November 2014, the production of industrial enterprises rose 5% compared to November of the previous year. The production increased in manufacturing and energy, but decreased in mining.

Stable growth in retail sales continued in November

According to Statistics Estonia, in November 2014 compared to November 2013, the retail sales of goods of retail trade enterprises increased 5% at constant prices. Since August, the retail sales growth has remained within a stable of 5–6% compared to the same month of the previous year.

In January, the Foreign Visitors Survey focuses on tourists from Russia

Today, on 2 January, Statistics Estonia and Enterprise Estonia (EAS) will commence the last round of the Foreign Visitors Survey at the border crossing points of Estonia. This time, the focus will be on Russian tourists visiting Estonia.