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The numbers of domestic and foreign tourists increased by 4% in May year on year

Kuupäev 08.07.2025
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  3. The numbers of domestic and foreign tourists increased by 4% in May year on year
169,300 foreign and 134,900 domestic tourists were accommodated in Estonia in May. Similarly to May last year, the bigger share of accommodated guests – 56% – were foreign tourists and 44% were domestic tourists. Helga Laurmaa, leading analyst at Statistics Estonia, noted that the number of foreign tourists has increased in most months this year. “The number of foreign tourists was 4% bigger than in May last year but has not yet fully recovered from the slump a few years ago,” she added. “Domestic tourism has bounced back and exceeds pre-pandemic levels. Compared with May last year, there were

The economy contracted by 3% last year

Kuupäev 01.03.2024
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  3. The economy contracted by 3% last year
According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

Construction volume down by 1.2% in the second quarter

Kuupäev 28.08.2025
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  3. Construction volume down by 1.2% in the second quarter
In the second quarter, the total production value of Estonian construction enterprises was 995 million euros, including 617 million euros’ worth of building construction and 378 million euros’ worth of civil engineering. Compared with the second quarter of last year, the volume of building construction fell by 1.2% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 5%. Merike Sinisaar, leading analyst at Statistics Estonia, said that construction volumes had briefly grown in the first quarter but

In January, the producer price index remained at the same level year on year

Kuupäev 28.02.2025
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  3. In January, the producer price index remained at the same level year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

The rise in retail trade volume slowed down in July

Kuupäev 29.08.2025
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  3. The rise in retail trade volume slowed down in July
Johanna Linda Pihlak, analyst at Statistics Estonia, said that while turnover volume in June increased by 5% year on year, growth slowed down to 1% in July. “Year on year, turnover volume grew by 10% in enterprises engaged in the retail sale of automotive fuel and by 3% in stores selling manufactured goods. The turnover volume of grocery stores continued to decline in July, falling by 5% compared with July 2024,” Pihlak added. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers

The consumer price index grew by 4.6% in August

Kuupäev 07.09.2023
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  3. The consumer price index grew by 4.6% in August
According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.

In August, the number of accommodated foreign tourists was up by 4% year on year

Kuupäev 09.10.2025
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  3. In August, the number of accommodated foreign tourists was up by 4% year on year
240,700 foreign and 218,500 domestic tourists were accommodated in Estonia in August. Foreign tourists accounted for a slightly bigger share (52%) than domestic tourists (48%). Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of foreign tourists has grown in most months this year. “Compared with August last year, there were 4% more foreign tourists accommodated but their number was still a little below the pre-pandemic level,” she noted. “While the number of domestic tourists showed a slight decline, domestic tourism has recovered well, as indicated by the number of

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