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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.

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.

Producer price index of industrial output rose by 1.4% in April year on year

The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, decreased by 1.0% in April 2025 compared with March and increased by 1.4% compared with April last year.

Foreign tourists’ visits to Estonian museums up by nearly a fifth

According to Statistics Estonia, museums in Estonia were visited more than 2.6 million times last year. The number of visits increased by 6.5% compared with 2023. Year on year, the number of visits by foreign tourists was up by 18.2%.

The number of unemployed persons is at the highest level of the last 12 years

According to Statistics Estonia, in the first quarter of 2025, the unemployment rate was 8.6%, the employment rate was 67.4%, and the labour force participation rate was 73.7%.

Exports of goods up by 17% and imports by 13% in March

According to Statistics Estonia, in March 2025, Estonia’s exports of goods grew by 17% and imports by 13%. Exports of goods amounted to nearly €1.7 billion and imports to more than €1.9 billion at current prices. The trade deficit was €237 million, which is €12 million less than in March last year.

The number of accommodated tourists decreased in March year on year

According to Statistics Estonia, accommodation establishments served 217,000 tourists in March 2025, which is 9% less than in the same month a year earlier. The number of foreign tourists declined by 7% and the number of domestic tourists by 11%.

The consumer price index rose by 1% in April

According to Statistics Estonia, in April, the consumer price index increased by 1% compared with March and by 4.5% compared with April 2024. Goods were 2% and services 8.6% more expensive than in April last year.

Production volumes in manufacturing showed modest growth for the third month in a row

According to Statistics Estonia, in March 2025, the total production of industrial enterprises increased by 0.5% at constant prices compared with March last year. Among the three industrial sectors, output increased by 1.2% in manufacturing but decreased by 1.7% in energy production and by 6.1% in mining.