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Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the fall in the consumer price index in November compared with October was mainly due to cheaper international flights and holiday trips, which had been priced higher in October due to the school holidays. “The index was also affected by rent and electricity being cheaper than in October. Compared with November last year, the index was driven up the most by price increases related to food products and phone services,” explained Veski. Among food products, there has been a significant rise in the prices of non

According to Statistics Estonia, in 2023, the labour force participation rate was 73.9%, the employment rate was 69.2%, and the unemployment rate was 6.4%.

According to Statistics Estonia, in the first quarter of 2024, the unemployment rate was 7.8%, the employment rate was 68.4%, and the labour force participation rate was 74.2%.

According to Statistics Estonia, in 2023, Estonian accommodation establishments served over 3.43 million tourists, which is 5% more than in 2022. The number of foreign tourists increased last year, while the number of domestic tourists decreased.

Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, explained that inflation – i.e. the year-on-year increase in the consumer price index – has shown gradual decline in recent months. “With the exception of November 2025, inflation has been in decline since September last year,” he noted. The rise in the consumer price index in February year on year was primarily influenced by the increases in the prices of food products (5.5%), health products and services (12%), alcoholic beverages and tobacco (7.9%) and housing (1.5%). Electricity prices remained high in

According to Statistics Estonia, accommodation establishments served over 293,000 tourists in May 2024, which is 11% more than in May last year. There were more domestic as well as foreign tourists accommodated.

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

In October, the trade deficit was 323 million euros, which is 8 million euros less than in October last year. Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the share of goods of Estonian origin in total exports fell by five percentage points year on year and was 61% in October this year. “Exports of goods of Estonian origin in October were down by 3% from October last year. Re-exports of goods, i.e. the exports of previously imported goods, grew by 19% year on year. This growth resulted mainly from the increased re-exports of mineral products, including natural gas, and

According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.