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.
Statistics Estonia will start conducting business and consumer surveys
Starting from May 2026, Statistics Estonia will conduct business and consumer surveys, used to assess economic confidence among enterprises and consumers.
Average wages increased by 5.6% last year
According to Statistics Estonia, the average monthly gross wages and salaries in 2025 were 2,092 euros, which is 5.6% higher than in 2024. In the fourth quarter of 2025, the average monthly gross wages and salaries were 2,155 euros, which is 4.5% higher than in the same quarter of 2024.
The growth in foreign trade in services was mainly driven by imports and exports of other business services
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2025, Estonia’s exports of services grew by 8% and imports by 6%. Exports of services totalled 3.6 billion euros and imports 2.8 billion euros at current prices. In 2025 as a whole, exports of services increased by 10% and imports by 11%, amounting to 13.8 billion and 10.6 billion euros, respectively.
Estonia’s economy fared better in 2025 than in the two preceding years
According to Statistics Estonia, in the fourth quarter of 2025, the gross domestic product (GDP) grew by 0.7% compared with the same period of 2024. GDP growth in 2025 as a whole was 0.6% year on year. The GDP at current prices amounted to 11 billion euros in the fourth quarter of last year and to 41.6 billion euros in 2025 as a whole.
Retail trade volume up by 8% in January
According to Statistics Estonia, in January, the turnover of retail trade enterprises was 885 million euros. Compared with January 2025, the volume of retail trade turnover increased by 8%.
Statistics Estonia uses a new methodology to calculate the consumer price index
Starting from January 2026, Statistics Estonia uses a new methodology to calculate the consumer price index (CPI). The CPI classification has also been updated, with price changes now tracked across 13 main groups.
Construction volume down by 1.5% last year
According to the preliminary data of Statistics Estonia, in 2025, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 1.5% compared with 2024. The volume of construction declined for the fourth consecutive year.
In January, the consumer price index was up by 3.7% year on year
According to Statistics Estonia, in January 2026, the consumer price index increased by 1% compared with December 2025 and by 3.7% compared with January 2025. Compared with December, food prices were up by 2.3% in January.
The number of accommodated tourists increased a little in 2025
According to Statistics Estonia, in 2025, Estonian accommodation establishments served about 3.7 million tourists, which is 2% more than in 2024 but 3% less than in 2019 before the pandemic. Compared with 2024, there were more foreign tourists and slightly fewer domestic tourists accommodated last year.
In 2025, exports of goods increased by 7% and imports by 8%
According to Statistics Estonia, in 2025, Estonia’s exports of goods increased by 7% and imports by 8% compared with 2024. Exports of goods amounted to over 18.6 billion euros and imports to more than 22.4 billion euros at current prices. The trade deficit was 3.8 billion euros, which is 443 million euros more than in 2024. In December 2025, exports of goods increased by 16% and imports by 4% year on year.
Volume of industrial production increased by 1.7% in 2025
According to Statistics Estonia, in 2025, the total production of industrial enterprises increased by 1.7% at constant prices compared with the year before. Among the three industrial sectors, output increased by 3.1% in manufacturing but decreased by 0.9% in mining and by 8.5% in energy production.
GDP flash estimate: economy grew by 1% in Q4
According to Statistics Estonia’s preliminary estimate, the gross domestic product (GDP) increased by 1% in the fourth quarter of 2025 year on year.
Turnover volume in retail trade grew by 2% last year
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2025 was 10.8 billion euros. Compared with 2024, the volume of turnover increased by 2% last year.