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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.

Average wages increased by 5.6% last year

Average wages and salaries were 2,135 euros in the first quarter

Estonia’s economy fared better in 2025 than in the two preceding years

Reliable data found a new home

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Decrease in producer price index affected the most by fall in electricity prices

Unemployment rate reached 7.1 percent

According to Statistics Estonia, in the second quarter of 2020, the labour force participation rate was 70.4%, the employment rate was 65.4%, and the unemployment rate was 7.1%. There were 49,400 unemployed persons, which is 14,400 more than in the first quarter.

Exports of goods reached last year’s level

According to Statistics Estonia, in June 2020, compared to June 2019, the exports of goods remained at the same level and imports decreased by 8%. In the second quarter of 2020, exports decreased by 15% and imports by 18% year on year.

In July, electricity was cheaper but food more expensive

According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.

Domestic tourism helped Estonian accommodation establishments

According to Statistics Estonia, in June, 121,000 domestic tourists and 42,000 foreign tourists stayed in Estonian accommodation establishments. Their total number of nights spent was 301,000. Compared to June 2019, the number of tourists dropped by 60%, but their number was higher than in the last few months.

Industrial production increased in a third of manufacturing activities

According to Statistics Estonia, in June 2020, the production of industrial enterprises decreased by 6% compared to June 2019. Production decreased in manufacturing and mining, while energy production increased owing to last year’s low comparison basis.

In June, the turnover of retail trade enterprises resumed growth

According to Statistics Estonia, in June 2020, the turnover of retail trade enterprises was 671 million euros. Compared to June 2019, turnover increased by 7% at constant prices.

Gender pay gap is slowly narrowing

According to Statistics Estonia, in 2019, the gross hourly earnings of female employees were 17.1% lower than the gross hourly earnings of male employees. The gender pay gap decreased by 0.9 percentage points year on year.

In June, producer price index increased by 1.7%

According to Statistics Estonia, in June, the producer price index of industrial output increased by 1.7% compared to May 2020 and decreased by 2.3% compared to June 2019.

Teams representing Estonia at the European Statistics Competition announced

Based on the results of the public choice competition, in the younger age group, Estonia will be represented at the European Statistics Competition by team Fresiito from Tallinn Secondary School of Science and team Mamika from Lüganuse School. In the older age group, due to the withdrawal of one of the teams, team Numbritaat from Viljandi Gymnasium and team Merkintä from Narva Pähklimäe Gymnasium moved directly to the European phase of the competition.

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