Exports of services exceeded imports by one billion euros for the first time
According to Statistics Estonia and Eesti Pank, in the second quarter of 2026, Estonia’s exports of services grew by 5% and imports by 1% compared with the same quarter of 2025. Exports of services amounted to over 3.7 billion and imports to nearly 2.7 billion euros at current prices.
HICP flash estimate: prices up by 0.3% in August
According to the preliminary estimate of Statistics Estonia, in August 2026, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.3% compared with July. Compared with August last year, the HICP rose by 1.3%. This is a flash estimate which will be refined once more detailed data on August prices are received.
The economy grew by 1.8% in the second quarter
According to Statistics Estonia, in the second quarter of 2026, the gross domestic product (GDP) increased by 1.8% compared with the same period of 2025. The GDP at current prices amounted to 11.1 billion euros in the second quarter.
Construction volume increased for the second quarter in a row
According to Statistics Estonia, in the second quarter of 2026, the total production value of Estonian construction enterprises in Estonia and abroad increased by 3.8% compared with the second quarter of 2025. Considering only the domestic market, the rise in construction volume was 4.6%.
Volume of retail trade turnover up by 4% in July
According to Statistics Estonia, in July, the turnover of retail trade enterprises was 982 million euros. Compared with July 2025, the volume of retail trade turnover increased by 4%. Enterprises engaged in the retail sale of automotive fuel had the biggest impact on this increase.
Business and consumer confidence showed signs of improvement in August
On 26 August, Statistics Estonia published the results of the business and consumer surveys for August. The survey results show that, compared with the previous month, assessments improved slightly among consumers as well as in the four business sectors.