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.
GDP flash estimate: the economy grew by 1.3% in Q1
According to the preliminary estimate of Statistics Estonia, in the first quarter of 2026, the gross domestic product (GDP) increased by 1.3% compared with the same period of 2025.
HICP flash estimate: prices up by 0.9% in April
According to the preliminary estimate of Statistics Estonia, in April, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.9% compared with March. Compared with April last year, the HICP rose by 3.3%. This is a flash estimate which will be refined once more detailed data on April prices are received.
Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%
According to Statistics Estonia, in April 2025, Estonia’s exports of goods grew by 3% and imports by 1%. Exports of goods amounted to about 1.6 billion and imports to nearly 1.9 billion euros at current prices. The trade deficit was 332 million euros, which is 13 million less than in April last year.
In the first quarter, the number of job vacancies decreased by 4.9% year on year
According to Statistics Estonia, in the first quarter of 2025, there were 9,130 job vacancies in the enterprises, institutions, and organisations of Estonia. This is 4.9% less than in the same quarter last year. In the first quarter, 5,633 persons left their job at the initiative of the employer.
In May, the consumer price index rose by 0.1% compared with April
According to Statistics Estonia, in May, the consumer price index increased by 0.1% compared with April and by 4.5% compared with May 2024. Goods were 1.9% and services 8.8% more expensive than in May last year.
Industrial production grew by 4% in April
According to Statistics Estonia, in April 2025, the total production of industrial enterprises increased by 4% at constant prices compared with April 2024. Among the three main sectors, output increased by 4.4% in manufacturing and by 0.6% in energy production but decreased by 2.1% in mining.
HICP flash estimate: prices up by 0.1% in May
According to the preliminary estimate of Statistics Estonia, in May 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists in Estonia, increased by 0.1% compared with April. Compared with May last year, the index rose by 4.6%.
Trade in services with non-EU countries increased the most in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2025, Estonia’s exports of services grew by 5% and imports by 11%. Exports of services amounted to over €3 billion and imports to nearly €2.5 billion at current prices. The balance of foreign trade in services was in surplus by €548 million, which is €98 million less than in the first quarter of 2024.
According to revised data, economic growth is yet to be seen
According to Statistics Estonia, in the first quarter of 2025, the gross domestic product (GDP) decreased by 0.3% compared with the same period of 2024. The GDP at current prices amounted to 9.3 billion euros in the first quarter.
The rise in retail trade volume accelerated in April
According to Statistics Estonia, in April 2025, the turnover of retail trade enterprises was 900 million euros. Compared with April 2024, the volume of retail trade turnover increased by 6%.
Average wages and salaries were 2,011 euros in the first quarter
According to Statistics Estonia, in the first quarter of 2025, the average monthly gross wages and salaries were 2,011 euros, which is 6.1% higher than in the first quarter of 2024.
Life expectancy in Estonia is 79.5 years
According to Statistics Estonia, in 2024, life expectancy at birth was 79.5 years in Estonia. Among European countries, Estonia has had the biggest increase in life expectancy in the last three decades. The number of healthy life years at birth is 58.7 in Estonia.
Construction volume up by 5% in the first quarter
According to Statistics Estonia, in the first quarter of 2025, the total production value of Estonian construction enterprises in Estonia and abroad increased by 5% compared with the first quarter of 2024. Considering only the domestic market, the rise in construction volume was 3%.
A record quantity of fish roe was sold last year
According to Statistics Estonia, in 2024, fish and crayfish farms sold 963 tonnes of commercial fish and crayfish, for a total of 7.8 million euros. Compared with 2023, the sold quantity of fish farming production grew by 5%. The quantity of fish roe sold was a little over 21 tonnes, which is the highest amount ever.