GDP flash estimate: economy grew by 1.2% in Q1
According to Statistics Estonia’s preliminary estimate, in the first quarter of 2025, the gross domestic product (GDP) grew by 1.2% compared with the first quarter of last year.
Estonia produced 189.5 million eggs last year, one in two eggs eaten is locally produced
According to Statistics Estonia, 189.5 million eggs were produced in Estonia in 2024, which is 6% more than the year before. The average annual egg production was 138 eggs per person. Including imported eggs, 16.2 kg or 259 eggs per person were consumed during the year.
Estonia produces 71% of the meat consumed here
According to Statistics Estonia, 76,500 tonnes of meat were produced in Estonia in 2024, which is 1% more than the year before. The average annual meat production was 56 kg per person. Including imported meat, a total of 78 kg of meat per person were consumed during the year. 71% of the meat consumed in Estonia in 2024 was locally produced.
HICP flash estimate: prices down by 0.3% in March
According to the preliminary estimate of Statistics Estonia, in March 2025, the harmonised index of consumer prices (HICP) decreased by 0.3% compared with February and increased by 4.3% compared with March last year.
Estonian residents made 8% more domestic trips last year
According to Statistics Estonia, Estonian residents made over 1.5 million overnight outbound trips in 2024, which is 2% more than in 2023. There were nearly 3.5 million overnight domestic trips last year, up by 8% from 2023.
General government debt continued to grow in 2024, while the budget deficit decreased
According to the preliminary data of Statistics Estonia, in 2024, the Estonian general government deficit was 1.7% and the debt level was 23.6% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 665.7 million euros.
The dwelling price index rose by 6.1% in 2024
According to Statistics Estonia, in 2024, the dwelling price index increased by 6.1% compared with the average of 2023. In the fourth quarter of 2024, the index was up by 3.6% compared with the fourth quarter of 2023 and down by 0.7% compared with the third quarter of 2024.
Exports of goods up by 13% and imports by 16% in January
According to Statistics Estonia, in January 2025, Estonia’s exports of goods increased by 13% and imports by 16% compared with January 2024. Exports of goods amounted to over 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 331 million euros, which is 85 million more than in January last year.
205,000 tourists: number of accommodated tourists up by 6% in January
According to Statistics Estonia, accommodation establishments served 205,000 tourists in January 2025, which is 6% more than in the same month a year earlier. The number of foreign tourists increased by 15%, while the number of domestic tourists decreased by 1%.
There were 9,071 job vacancies in the last quarter of 2024
According to Statistics Estonia, in the fourth quarter of 2024, there were 9,071 job vacancies in the enterprises, institutions and organisations of Estonia. This is 1.4% less than in the same quarter in 2023. In the fourth quarter of last year, 6,705 persons left their job at the initiative of the employer.
In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)
According to Statistics Estonia, in February 2025, the consumer price index increased by 1.4% compared with January and by 5.3% compared with February 2024. Goods were 2% and services 10.6% more expensive than in February last year.
Average wages and salaries rose by 8.1% last year
According to Statistics Estonia, the average monthly gross wages and salaries in 2024 stood at €1,981, which is 8.1% higher than in 2023. In the fourth quarter of 2024, the average monthly gross wages and salaries were €2,062, which is 8.3% higher than in the same quarter of 2023.
Exports of services up by 7% and imports by 5% in 2024
According to Statistics Estonia and Eesti Pank, in 2024, Estonia’s exports of services grew by 7% and imports by 5%. Exports of services totalled €12.5 billion and imports €9.5 billion at current prices. The balance of foreign trade in services was in surplus by €2.9 billion, which is €333 million more than in 2023.
HICP flash estimate: prices up by 1.3% in February
According to the preliminary estimate of Statistics Estonia, in February 2025, the harmonised index of consumer prices (HICP) increased by 1.3% compared with January and by 5% compared with February last year.
Economy grew by 1.2% in Q4 of 2024
According to Statistics Estonia, in the fourth quarter of 2024, the gross domestic product (GDP) grew by 1.2% compared with the same period of 2023. Estonia's GDP contracted by 0.3% in 2024. The GDP at current prices amounted to €10.6 billion in the final quarter of last year and to €39.5 billion in 2024 as a whole.
Retail trade volume up by 3% in January
According to Statistics Estonia, in January, the turnover of retail trade enterprises was 804 million euros. Compared with January 2024, the volume of retail trade turnover increased by 3%.