According to Statistics Estonia, in the third quarter of 2021, the Dwelling Price Index increased by 3.4% compared to the second quarter of 2021 and by 17.3% compared to the third quarter of 2020.
According to Statistics Estonia, in 2022, the consumer price index increased by 19.4% compared with the average of 2021. Housing-related price changes had the biggest impact on the consumer price index in 2022.
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.
According to Statistics Estonia, in the second quarter of 2021, the Dwelling Price Index increased by 16.1% compared to the same quarter of 2020 and by 2.6% compared to the first quarter of this year.
According to Statistics Estonia, in the 1st quarter of 2020, the Dwelling Price Index increased by 11.5% compared to the 1st quarter of 2019. The last time that the change in the index was more significant was in the 3rd quarter of 2014, when it was 13.2%.
According to Statistics Estonia, in the first quarter of 2021, the Dwelling Price Index increased by 6.6% compared both to the fourth and the first quarter of 2020.
According to Statistics Estonia, in May, the consumer price index increased by 1.9% compared to April, and by 20.0% compared to May 2021. Goods were 15.7% and services 28.8% more expensive than in May last year.
According to Statistics Estonia, in August, the consumer price index increased by 2.3% compared with July, and by 24.8% compared with August 2021. Goods were 18.3% and services 37.6% more expensive than in August last year.
According to Statistics Estonia, in 2010 the ratio of research and development (R&D) expenditures to the gross domestic product reached a novel level – 1.63%, a year earlier the respective indicator was 1.43%. The improved result was significantly influenced by investments in the technological development made in the oil industry.