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Article

Increased prices of wood products had the biggest impact on the producer price index of industrial output

Kuupäev 20.09.2024
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  3. Increased prices of wood products had the biggest impact on the producer price index of industrial output
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.0% in August 2024 compared with July and by 1.7% compared with August last year.

There were more foreign tourists accommodated in August (corrected on 11.10.2024)

Kuupäev 09.10.2024
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  3. There were more foreign tourists accommodated in August (corrected on 11.10.2024)
The corrections are marked in red, and we have also updated the map. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 7% lower than in August 2019. “In August this year, 232,000 foreign and 224,000 domestic tourists were accommodated in Estonia. There were 14% more foreign tourists and 1% fewer domestic tourists than in August last year,” added Laurmaa. Nearly 69,000 tourists arrived from Finland, representing 30% of all accommodated foreign tourists. Accommodation establishments served 27,000 tourists from Latvia (12%), 22,000

The 2024 major revision of Estonia’s GDP has been completed

Kuupäev 16.08.2024
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  3. The 2024 major revision of Estonia’s GDP has been completed
Statistics Estonia has revised the entire time series of gross domestic product (GDP) starting from 1995. During the revision, updated basic data sources were incorporated and methodological improvements were made.

Production of industrial enterprises down by 5.7% in March

Kuupäev 06.05.2024
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  3. Production of industrial enterprises down by 5.7% in March
According to Statistics Estonia, in March 2024, the total production of industrial enterprises fell by 5.7% compared with March last year. Among the three main sectors, output increased slightly in mining (by 0.4%), but decreased by 6.5% in manufacturing and by 4.4% in electricity production.

Industrial production up in mining and electricity production, down in manufacturing

Kuupäev 08.04.2024
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  3. Industrial production up in mining and electricity production, down in manufacturing
According to Statistics Estonia, in February 2024, the total production of industrial enterprises decreased by 5.7% at constant prices compared with the corresponding month a year earlier. Production increased by 19.3% in mining and by 2.6% in electricity production but decreased by 7% in manufacturing.

Decline in construction volumes continued in the first quarter

Kuupäev 27.05.2024
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  3. Decline in construction volumes continued in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.

Decline in retail trade volume in June was most affected by stores selling manufactured goods

Kuupäev 30.07.2024
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  3. Decline in retail trade volume in June was most affected by stores selling manufactured goods
According to Statistics Estonia, in June 2024, the turnover of retail trade enterprises was €866 million. Compared with June 2023, the volume of retail trade turnover fell by 5%.

Construction prices rose by 1.5% last year

Kuupäev 21.01.2026
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  3. Construction prices rose by 1.5% last year
The construction price index expresses the change in construction expenditures taking into consideration the price changes of three basic inputs: labour force, building machines, and building materials. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings, and office buildings. The repair and reconstruction work price index covers office buildings. Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2025, compared with the average of 2024, was primarily

COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism

Kuupäev 13.09.2024
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  3. COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism
According to Statistics Estonia, in 2023, the average expenditure of Estonian residents on overnight outbound trips was greater than in the period before the COVID-19 pandemic. The average spending on outbound trips has increased by 43% in the years 2018–2023. The number of tourists accommodated in Estonia has not yet reached the pre-pandemic level, but the share of domestic tourists has increased significantly compared with 2018.

Recession slowed down in the second quarter. Photo: Shutterstock

Kuupäev 31.08.2023
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  3. Recession slowed down in the second quarter. Photo: Shutterstock
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

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