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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

In June, more tourists stayed in accommodation establishments than a year ago

Date 08.08.2024
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  3. In June, more tourists stayed in accommodation establishments than a year ago
According to Statistics Estonia, accommodation establishments served over 384,000 tourists in June 2024, which is 14% more than in June last year. There were more domestic as well as foreign tourists accommodated.

In July, 13% more foreign tourists were accommodated than last year

Date 11.09.2024
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  3. In July, 13% more foreign tourists were accommodated than last year
According to Statistics Estonia, accommodation establishments served 507,600 tourists in July 2024, which is 5% more than in July last year. The number of foreign tourists increased, but the number of domestic tourists decreased in July.

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

What influences youth towards entrepreneurship?

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  2. What influences youth towards entrepreneurship?
Today's young entrepreneurs may well shape our future economic prosperity. But who are Estonia's young entrepreneurs and what are the factors influencing youth towards entrepreneurship?

Fall in unemployment slowing down, more and more people working part-time

Date 15.05.2023
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  3. Fall in unemployment slowing down, more and more people working part-time
According to Statistics Estonia, in the first quarter of 2023, the unemployment rate was 5.3%, the employment rate was 69.4%, and the labour force participation rate was 73.3%.

Construction volume down by 12% in the second quarter (corrected on 28.08.2023)

Date 28.08.2023
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  3. Construction volume down by 12% in the second quarter (corrected on 28.08.2023)
According to Statistics Estonia, in the second quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 12% at constant prices compared with the second quarter of 2022. Considering only the domestic market, the fall in construction volume was 14%.

1,366,491 people – Estonia's population grew due to immigration, the number of births fell

Date 18.01.2024
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  3. 1,366,491 people – Estonia's population grew due to immigration, the number of births fell
According to the preliminary data of Statistics Estonia, on 1 January 2024, the population of Estonia was 1,366,491, which is 607 persons more than at the same time a year ago. In 2023, there were 10,721 births and 15,832 deaths in Estonia. Based on the data on registered migration, 20,209 persons immigrated to Estonia and 14,491 persons emigrated from Estonia. Compared with a year earlier, the number of births, deaths and immigrants has fallen, while the number of emigrants has risen.

Construction volume fell by 6% last year

Date 23.02.2024
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  3. Construction volume fell by 6% last year
According to the preliminary data of Statistics Estonia, in 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% at constant prices compared with 2022. Considering only the domestic market, the fall in construction volume was 7%.

The decline in industrial production volumes was slower in May

Date 04.07.2024
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  3. The decline in industrial production volumes was slower in May
According to Statistics Estonia, in May 2024, the total production of industrial enterprises fell by 1.2% compared with May last year. Among the three industrial sectors, output increased by 2.1% in electricity production but decreased by 0.7% in mining and by 1.4% in manufacturing.

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