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According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with November 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils and fabricated metal products. “Increased prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of food products had the opposite effect on the index, so that prices in manufacturing as a whole rose by 1.1% in November. In manufacturing, prices have increased for several months

In 2022, the average monthly gross wages and salaries in Estonian companies, institutions, and organisations were 1,685 euros, which is 8.9% more than in 2021. However, the average real wages decreased by 8.8% to 1,358 euros last year.

According to Statistics Estonia, in 2020, men accounted for slightly more than a fifth of the 34,570 persons receiving parental benefit. The average monthly parental benefit was 1,170 euros for women and 1,638 euros for men. The parental benefit gap was the lowest ever.

According to Statistics Estonia, in January, the consumer price index increased by 1.4% compared with December and by 4.7% compared with January 2023. Goods were 2.9% and services 7.9% more expensive than in January last year.

According to the preliminary data of Statistics Estonia, in 2021, the Estonian general government deficit was 2.4% and the debt level was 18% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 721 million euros.

According to the preliminary data of Statistics Estonia, in 2022, the Estonian general government deficit was 1% and the debt level was 18% of the gross domestic product (GDP). At the end of last year, the total expenditures of the general government exceeded revenues by 335 million euros.

According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.