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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

The number of international students decreased last year but their tax contribution increased

The share of innovative enterprises in Estonia is growing

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.

Average wages increased by 5.6% last year

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

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

Volume of industrial production up by 0.9% in May

According to Statistics Estonia, in May 2025, the total production of industrial enterprises increased by 0.9% at constant prices compared with the corresponding month of 2024. Among the three main sectors, output increased by 1.4% in manufacturing and by 6.9% in energy production but decreased by 19.7% in mining.

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.

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.

Industrial production up by 2.3% in February

According to Statistics Estonia, in February 2025, the total production of industrial enterprises increased by 2.3% at constant prices compared with February 2024. Among the three main sectors, output increased by 1.6% in manufacturing and by 6% in energy production but decreased by 14.3% in mining.

The increase in manufacturing output in January was mainly driven by the wood industry

According to Statistics Estonia, in January 2025, the total production of industrial enterprises decreased by 2.5% at constant prices compared with January 2024. Among the three industrial sectors, output increased by 2% in manufacturing but decreased by 7.4% in mining and by 21.8% in electricity production.

In January, the producer price index remained at the same level 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, rose by 0.9% in January 2025 compared with December 2024. The index remained at the same level as in January last year.

Volume of industrial production decreased by 4% in 2024

According to Statistics Estonia, in 2024, the total production of industrial enterprises decreased by 4% at constant prices compared with the year before. Among the three industrial sectors, output decreased by 4.4% in manufacturing, remained the same in electricity production and increased by 2.9% in mining.

Higher prices of wood products had the biggest impact on the producer price index in December

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, rose by 0.4% in December 2024 compared with November and by 1.1% compared with December 2023.

In November, the volume of industrial production was unchanged year on year

According to Statistics Estonia, in November 2024, the total production of industrial enterprises at constant prices was almost the same as in November 2023, falling by 0.1%. Among the three industrial sectors, output increased by 1.5% in manufacturing but decreased by 2.3% in mining and by 15.3% in electricity production.

In manufacturing, prices have risen for several months in a row

According to Statistics Estonia, 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, fell by 0.4% in November 2024 compared with October and by 0.1% compared with November last year.

Manufacturing output up by 0.8% in October

According to Statistics Estonia, in October 2024, the total production of industrial enterprises at constant prices was the same as in October last year. Among the three industrial sectors, output increased by 0.8% in manufacturing but decreased by 2.8% in mining and by 7.4% in electricity production.

Output in mining up by 10.4%, industrial production down as a whole

According to Statistics Estonia, in September 2024, the total production of industrial enterprises decreased by 1.5% at constant prices compared with September last year. Among the three main sectors, output increased by 10.4% in mining and by 0.9% in electricity production but decreased by 2.1% in manufacturing.

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