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.
Construction volume on the domestic market increased by 5% in the first quarter
According to Statistics Estonia, in the first quarter of 2026, the total production value of Estonian construction enterprises in Estonia and abroad increased by 4% compared with the first quarter of 2025. On the domestic construction market, the volume of construction grew by 5%.
Construction prices rose by 2% in the first quarter
According to Statistics Estonia, in the first quarter of 2026, the construction price index increased by 2% compared with the first quarter of 2025 and by 0.5% compared with the fourth quarter of last year. The rise in employees’ wages had the biggest impact on the construction price index in the first quarter.
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.
Construction prices rose by 1.5% last year
According to Statistics Estonia, the construction price index, which expresses the change in construction expenditures, increased by 1.5% in 2025 compared with the average of 2024. The rising cost of materials was the main reason for the increase in the construction price index.
Construction volume in the third quarter up on the domestic market, down abroad
According to Statistics Estonia, in the third quarter of 2025, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 0.6% compared with the third quarter of 2024. On the domestic construction market, however, the rise in construction volume was 0.4%.
Construction volume down by 1.2% in the second quarter
According to Statistics Estonia, in the second quarter of 2025, the total construction volume of Estonian construction enterprises in Estonia and abroad decreased by 1.2% compared with the second quarter of 2024. On the domestic construction market, the volume of construction fell by 1.4%.
Construction price index up by 1.4% compared with the second quarter of last year
According to Statistics Estonia, in the second quarter of 2025, the construction price index increased by 0.9% compared with the first quarter and by 1.4% compared with the second quarter of 2024. Compared with the beginning of the year, the construction price index in the second quarter was most affected by the prices of building materials, which began to go up again.
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%.
The rise in construction prices in the first quarter was curbed by the lower cost of materials
According to Statistics Estonia, in the first quarter of 2025, the construction price index increased by 0.1% compared with the fourth quarter of 2024 and by 1.2% compared with the first quarter of 2024.
Construction volume down by 6% last year
According to the preliminary data of Statistics Estonia, in 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% compared with 2023. Considering only the domestic market, the fall in construction volume last year was 7%.
Construction prices rose by 1.6% in 2024
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.
Construction volume down by 5% in the third quarter
According to Statistics Estonia, in the third quarter of 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% compared with the third quarter of 2023. Considering only the domestic market, the fall in construction volume was 6%.