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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

Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 5% lower than in October of 2019, the pre-pandemic record year. Compared with October 2019, there were 30,000 fewer foreign tourists accommodated in Estonia, while the number of domestic tourists was higher by 16,000 in October this year. 143,000 foreign and 132,000 domestic tourists were accommodated in Estonia in October 2024. “The number of domestic tourists, which in 2024 has been in decline for most months year on year, took an upturn in October,” noted Laurmaa. Nearly 58,000

According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

According to Statistics Estonia, in August, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with the same month in 2022, exports of goods decreased by 22% and imports by 19% at current prices. The trade deficit in in August was 293 million euros, which is 7 million euros less than a year earlier.

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the volume of turnover, which in March had grown by 2% year on year, showed slightly faster growth in April. “The increase in retail trade volume in April was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods – compared with April last year, their turnover volume was up by 18% and 7%, respectively,” explained Pihlak. Among stores selling manufactured goods, the biggest increase at 34% was registered in the turnover volume of other specialised stores selling predominantly

According to Statistics Estonia, in April 2024, the total production of industrial enterprises fell by 4.7% compared with April last year. Among the three main sectors, output increased by 3.6% in mining and by 10.1% in electricity production but decreased by 5.7% in manufacturing.

According to Statistics Estonia, in August 2022, Estonia’s exports of goods increased by 20% and imports by 28% compared with August 2021. Imports from Russia fell by 55% and imports from Belarus by 96% year on year.

Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the second quarter, compared with the same period in 2024, the construction price index was primarily influenced by the increase in wages of workers, which accounted for 37% of the index change. However, the impact of wage growth on the change in the index was 5.5 percentage points lower than last year. “Compared with the first quarter of 2025, labour force was 0.1% more expensive, whereas the cost of using building machines and the price of building materials each increased by 1.2%. The rise in the cost of machinery was

According to Statistics Estonia, in May 2023, Estonia’s exports of goods decreased by 15% and imports by 13% at current prices compared with May 2022. Exports of goods amounted to 1.6 billion and imports to 1.9 billion euros at current prices. The trade deficit was 309 million euros, which is 12 million euros more than in May last year.