According to Statistics Estonia's preliminary estimate, the economy remained almost at the same level in the fourth quarter of 2024. Gross domestic product (GDP) fell by 0.1% compared with the fourth quarter of 2023.

According to Statistics Estonia, in 2024, the construction price index increased by 1.6% compared with the average of 2023. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter of last year and by 1.3% compared with the fourth quarter of 2023.

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.

The preliminary data of Statistics Estonia show that on 1 January 2025, the population of Estonia was 1,369,285, which is 5,402 persons less than at the same time a year ago. In 2024, there were 9,646 births and 15,596 deaths. Based on the data on registered migration, 13,826 persons arrived in the country and 13,278 persons left. As in 2023, the number of births and the number of immigrants both decreased. 

According to Statistics Estonia, accommodation establishments served 247,000 tourists in November 2024, which is 11% more than in the same month a year earlier. There were 15% more foreign and 8% more domestic tourists.

According to Statistics Estonia, in November 2024, Estonia’s exports of goods grew by 3% from a year earlier, whereas imports remained at the same level. Exports of goods amounted to nearly €1.6 billion and imports to €1.7 billion at current prices. The trade deficit was €166 million, which is €53 million less than in November of the previous year.

According to Statistics Estonia, in 2024, the consumer price index increased by 3.5% compared with the average of 2023. Price changes related to food and non-alcoholic beverages had the biggest impact on the consumer price index in 2024.

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.

According to Statistics Estonia, in November 2024, the turnover of retail trade enterprises was €884 million. Compared with November 2023, the volume of retail trade turnover decreased by 1%.

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.

According to Statistics Estonia, in the third quarter of 2024, the dwelling price index fell by 0.5% compared with the second quarter. In comparison with the third quarter of last year, the index rose by 6.4%.

According to Statistics Estonia, Estonia’s environmental protection expenditure in real terms increased by nearly 37% in the period 2014–2022, that is, from 527 to 715 million euros. The environmental protection activity with the highest expenditure in 2022 was waste management with 347 million euros. The biggest environmental protection investments, worth 75 million euros, were made in wastewater management and protection of soil and water.