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Article

Construction volume increased for the second quarter in a row

Date 28.08.2026
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  3. Construction volume increased for the second quarter in a row
In the second quarter, the total production value of Estonian construction enterprises was 1.06 billion euros, including 665 million euros’ worth of building construction and 399 million euros’ worth of civil engineering. Compared with the second quarter of last year, the volume of building construction increased by 4.6% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) grew by 2.5%. The volume of construction on the domestic market increased, while construction in foreign countries decreased Merike

Construction volume up by 5% in the first quarter

Date 27.05.2025
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  3. Construction volume up by 5% in the first quarter
In the first quarter, the total production value of Estonian construction enterprises was €752 million, including €546 million worth of building construction and €206 million worth of civil engineering. Compared with the first quarter of last year, the volume of building construction was up by 10%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was down by 6%. Merike Sinisaar, leading analyst at Statistics Estonia, said that the domestic construction market was mainly affected by the increased

In July, retail trade volume decreased by 2%

Date 29.08.2024
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  3. In July, retail trade volume decreased by 2%
According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.

Retail trade volume has fallen for two years in a row

Date 30.09.2024
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  3. Retail trade volume has fallen for two years in a row
The turnover volume declined in stores selling manufactured goods and grocery stores, as well as in enterprises engaged in the retail sale of automotive fuel. Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that taking into account the data for August, the turnover volume of retail trade enterprises has been falling for 24 months in a row now. “The drop in the volume of retail trade turnover in August was mainly due to stores selling manufactured goods and grocery stores, as the turnover volume of each decreased by 4% year on year,” Pihlak added. Among stores selling

The economy contracted by 0.7% in Q3

Date 29.11.2024
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  3. The economy contracted by 0.7% in Q3
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

The turnover of retail trade enterprises declined by 8% last year

Date 30.01.2024
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  3. The turnover of retail trade enterprises declined by 8% last year
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2023 was 10.5 billion euros. Compared with 2022, turnover decreased by 8% at constant prices.

Volume of retail trade turnover down by 1% in May

Date 30.06.2026
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  3. Volume of retail trade turnover down by 1% in May
Johanna Linda Pihlak, leading analyst at Statistics Estonia, said that the turnover volume of retail trade enterprises started to decline in May, after a period of growth since the beginning of the year. “This was due to stores selling manufactured goods where the volume of turnover was down by 5% year on year. The turnover volume of stores selling manufactured goods had not fallen since November 2025,” explained Pihlak. “The turnover volume of grocery stores did not start to rise in May – it remained at the same level as in May last year,” added Pihlak. The turnover volume of enterprises

Foreign trade in goods was up in December but down in 2024 as a whole

Date 10.02.2025
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  3. Foreign trade in goods was up in December but down in 2024 as a whole
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that there was a marked decline in trade in goods in the first quarter of 2024, as exports were down by 16% and imports by 11%. “In the third quarter, imports were unchanged and there was a slight uptrend in exports. The positive trend was even more noticeable in the fourth quarter, with exports increasing by 6% and imports by 7%,” explained Leppmets. Last year, re-exports fell by 9% and exports of goods of Estonian origin by 1%. Under goods of Estonian origin, the biggest fall was registered in the exports of prefabricated

Retail trade volume down by 4% in May

Date 28.06.2024
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  3. Retail trade volume down by 4% in May
According to Statistics Estonia, in May 2024, the turnover of retail trade enterprises was 898 million euros. Compared with May 2023, the volume of retail trade turnover fell by 4%.

The trade deficit was almost two times smaller in November

Date 09.01.2024
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  3. The trade deficit was almost two times smaller in November
According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.

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