Search results

Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that although the economy has shown slight growth for two consecutive quarters, the contribution of most sectors has remained insignificant. “Manufacturing was the biggest positive contributor to GDP in the third quarter, with its value added growing by 7.9%. The last time this sector performed so well was in the fourth quarter of 2021. However, it must be noted that production figures were still modest,” noted Müürsepp. In addition to manufacturing, the largest positive contributors to the economy were the energy

Krista Vaikmets, leading analyst at Statistics Estonia, said that there was a year-on-year increase in average monthly gross wages in all counties, but the extent of the wage growth varied regionally. “The increase in average gross wages was the biggest in Ida-Viru county (8%) and Hiiu county (7%) and somewhat more modest in Põlva, Jõgeva and Valga counties, where the rise in wages was around 4%,” said Vaikmets. At the county level, the average monthly gross wages and salaries were still the highest in Harju county (2,488 euros), followed by Tartu county (2,285 euros). In both of these

“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

Krista Vaikmets, leading analyst at Statistics Estonia, said that wage growth was stable at 5 to 6%. “Year on year, wages have increased in all counties, with the greatest increase registered in Rapla and Järva counties where the rise in gross wages and salaries was about 7%. The increase in average monthly wages was the smallest in Viljandi and Tartu counties – about 5%,” said Vaikmets. In the first quarter, the average monthly gross wages and salaries were again the highest in Harju county (2,405 euros), rising by 6.3% year on year, and in Tartu county (2,129 euros), growing by 5.3% year on

Märt Umbleja, leading analyst at Statistics Estonia, said that the dwelling price index, which increased rapidly in 2021 and 2022, has continued to rise in the last three years but at a more modest rate ranging from 5.2% to 6.1%. “The increase in 2025, calculated as the average of four quarters, was 5.9% for house prices and 5% for the prices of apartments. Last year, apartment prices were up by 5% in Tallinn, by 4.1% in areas bordering Tallinn and in Tartu and Pärnu cities, and by 6.9% elsewhere in Estonia,” added Umbleja. The total value of transactions in 2025 increased year on year, both

Krista Vaikmets, leading analyst at Statistics Estonia, said that wage growth slowed down in 2025. “Last year, wages and salaries did not grow as fast as in previous years, but monthly gross wages still increased in all counties. The biggest increase was registered in Valga, Põlva and Rapla counties where gross wages were up by more than 6.5% last year,” she said. Vaikmets added that, in 2025, the average monthly gross wages and salaries were the highest in Harju county (2,336 euros), rising by 5.3% year on year, and in Tartu county (2,112 euros), growing by 5.9% year on year. “Looking at

Tea Vassiljeva, analyst at Statistics Estonia, explained that the unemployment rate, i.e. the share of the unemployed in the labour force, was 7.5% last year, which is just 0.1 percentage points lower than in 2024. In 2025, the average number of the unemployed was 56,200 – this is down by 900 from the year before. Unemployment grew the most among young men “Unemployment decreased among women but increased among men. Women’s unemployment rate, which was 7.5% in 2024, dropped to 6.6% in 2025. As for men, their unemployment rate grew by 0.7 percentage points compared with 2024 and reached 8.3% as

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

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added