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Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that 2025 was a better year for the Estonian economy than the previous two years. “The GDP showed growth in the last three quarters, and the annual GDP growth was 0.6%,” he added. Manufacturing was the biggest contributor to economic growth in Q4 Similarly to the third quarter, the contribution of most economic activities to the GDP remained modest. Manufacturing was the biggest positive contributor, as its value added increased by 13.3%. Information and communication also had a significant impact – its value

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the Estonian economy grew for the fifth quarter in a row. “In the second quarter, two thirds of the economic activities made a positive contribution to the GDP. Similarly to the first quarter, manufacturing was the biggest driver of economic growth as its value added grew by 6.5%. It was followed by agriculture, forestry and fishing where the increase in value added was 168% due to the exceptionally low reference base of last year. In construction, value added was up by 7.5%,” said Müürsepp. A considerable

In the second quarter of 2025, the average monthly gross wages and salaries were the highest in Tallinn (€2,479), in Harju county (€2,365), and in Tartu county (€2,175). “Compared with the second quarter of last year, the biggest increase in wages and salaries was seen in Põlva county (7.7%) and Rapla county (7%). The smallest wage increase was registered in Ida-Viru county (3.8%),” said Sigrid Saagpakk, analyst at Statistics Estonia. In this year's second quarter, the average monthly gross wages and salaries were the highest in information and communication (€3,704), financial and insurance

Hendrik Pungar, data scientist at Statistics Estonia, said that, compared with the first quarter, apartment prices were up by 3.2% and the prices of houses by 4.3% in the second quarter. “The prices of new apartments fell slightly in Tartu and Pärnu cities and in areas bordering Tallinn and rose a little in Tallinn and elsewhere in Estonia. In the case of houses, prices increased for both newly built and existing houses,” noted Pungar. Compared with the second quarter of 2025, apartment prices were up by 5.3% and the prices of houses by 6.8%. “The year-on-year change in apartment prices was

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

According to Statistics Estonia, the average monthly gross wages and salaries in the first quarter of 2024 were €1,894, which is 8.8% higher than in the same quarter the year before. The median wages were €1,553 in the first quarter of this year and €1,424 in the same quarter of 2023.

In June, the enterprises’ confidence indicator was the highest in trade (+20.5); it was +3.1 in the services sector and -3.8 in the industry sector. The confidence indicator was the lowest in the construction sector (-12), where insufficient demand was considered the main factor limiting construction activity. The consumer confidence indicator was -29 in June. Month on month, confidence improved among consumers as well as among enterprises in the trade, construction and services sectors. Assessments by industry sector enterprises were somewhat more pessimistic. A more detailed look at the

In the third quarter, the total production value of Estonian construction enterprises was €1.1 billion, including €684 million worth of building construction and €455 million worth of civil engineering. Compared with the third quarter of last year, the volume of building construction was down by 1.9%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was up by 1.6%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that after the growth in the first quarter, construction volumes

The monthly surveys allow the regular assessment of current economic tendencies and are also used for forecasting. “Among other things, the economic sentiment surveys reveal whether Estonian households are able to save money or whether they can afford to make major purchases. The business surveys show how enterprises in the construction, industry, trade and services sectors are doing, and which factors influence their performance,” explained Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia. The data collected with the business and consumer

“In the third quarter of this year, the percentage change in wages and salaries remained at the same level as in the previous quarter. However, in the third quarter of 2024, wage growth was 8.1%, which means that the year-on-year growth in wages and salaries slowed down,” said Sigrid Saagpakk, analyst at Statistics Estonia. She added that, in the second quarter, employees usually receive more bonuses (such as holiday pay), which is why the average wages and salaries in the third quarter are typically lower than in the second quarter. In the third quarter, the average monthly gross wages and