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According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.3% in 2019. In the 4th quarter of 2019, the GDP grew 3.9% compared to the same period of the previous year. The Estonian GDP was 28 billion euros at current prices.

According to Statistics Estonia, in 2019, compared to 2018, the exports of goods stayed at the same level and imports decreased by 1%. The substantial increase in trade in the first half of the year compensated for the decrease in the second half.

According to Statistics Estonia, in May, exports of goods increased by 47% and imports by 50% year on year. Trade growth was influenced in addition to last year’s low reference base by exports and imports of mineral fuels, electrical equipment and transport equipment.

In May 2019, the change in the producer price index of industrial output was -0.4% compared to April 2019 and 1.1% compared to May 2018.

In June 2019, the change in the producer price index of industrial output was 0.1% compared to May 2019 and 0.5% compared to June 2018.

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that initial signs indicate a slight improvement in the economy compared with both a year ago and the previous quarter. “The seasonally and working-day adjusted GDP was up by 0.2% from the second quarter of 2025,” Müürsepp added. What is a flash estimate of GDP? The official data on GDP for the third quarter will be published on 1 December, but based on the information already available, it is possible to assess the overall economic trend. This is done using, for example, trade indicators, transport and manufacturing

According to Statistics Estonia, in April 2019, compared to April 2018, the exports and imports of goods increased by 4%. Since the beginning of the year, exports and imports have been on an upward trend compared to the same period of the previous year.

According to Statistics Estonia and Eesti Pank, in the second quarter of 2022, Estonia’s exports of services grew by 32% while imports of services fell by 5% year on year. In the second quarter of this year, Estonia’s exports of services totalled 2.5 billion euros and imports of services 1.8 billion euros.