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The economy grew by 0.9% in the second quarter

Kuupäev 29.08.2025
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  3. The economy grew by 0.9% in the second quarter
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that there was modest economic growth in the second quarter of 2025. The last time that the GDP grew was in the second quarter of last year. “About half of economic activities contributed positively to the GDP, with the biggest contribution coming from the energy sector where value added grew by 43%. In real estate activities, value added increased by 5.4%. The biggest negative contributors were construction, with a 9.3% decline in value added, and transportation and storage, where value added decreased by 11%,” noted

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

Retail trade turnover has been falling for 18 months

Kuupäev 28.03.2024
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  3. Retail trade turnover has been falling for 18 months
According to Statistics Estonia, in February 2024, the turnover of retail trade enterprises was 739 million euros. Compared with February 2023, turnover fell by 3% at constant prices.

Economic downturn accelerated again in the third quarter

Kuupäev 30.11.2023
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  3. Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

In September, the prices of juices and syrups increased the most among food products

Kuupäev 07.10.2024
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  3. In September, the prices of juices and syrups increased the most among food products
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

Retail trade turnover fell again in January

Kuupäev 04.03.2024
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  3. Retail trade turnover fell again in January
According to Statistics Estonia, in January 2024, the turnover of retail trade enterprises was 766 million euros. Compared with January 2023, turnover fell by 7% at constant prices.

Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%

Kuupäev 09.06.2025
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  3. Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the most significant changes in April concerned extra-EU trade. “Exports to EU countries were up by 8% and imports from the EU fell by 1%. In trade with non-EU countries, exports declined by 10% while imports grew by 16%. Year on year, there were decreased exports from Estonia to the United States, Russia and Singapore, and increased imports from Turkey and Switzerland,” explained Leppmets. Compared with April 2024, exports of goods of Estonian origin were up by 2% in April this year. The share of goods of Estonian origin

Foreign trade grew by 14% in Q1, growth slowed down in Q2

Kuupäev 11.08.2025
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  3. Foreign trade grew by 14% in Q1, growth slowed down in Q2
“In the first half of 2025, foreign trade in goods increased by 9%. Exports of goods amounted to nearly €9.3 billion and imports to almost €11.1 billion at current prices,” said Jane Leppmets, foreign trade analyst at Statistics Estonia. “The main commodities exported in the first half of the year were electrical equipment, agricultural products and food preparations, and wood and articles of wood. The main commodities imported were transport equipment, agricultural products and food preparations, and electrical equipment,” Leppmets noted, adding that the top export and import partners in the

The consumer price index continued to rise in August

Kuupäev 06.09.2024
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  3. The consumer price index continued to rise in August
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.

Life expectancy in Estonia is 79.5 years

Kuupäev 28.05.2025
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  3. Life expectancy in Estonia is 79.5 years
“In 1994, the life expectancy of Estonian residents was 66.5 years, whereas by 2024 it had increased by 13 years and reached 79.5 years. In both Latvia and Lithuania, life expectancy has increased by about nine years in the same 30-year period. Life expectancy is currently 77.6 years in Lithuania and 75.6 years in Latvia,” explained Eveli Voolens, the social statistics team lead at Statistics Estonia. She added that Latvia has one of the lowest life expectancies in Europe. On the other hand, in Finland, life expectancy was already 76.7 years in 1994 and has now increased by 4.9 years to 81.6

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