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Article

1st quarter GDP at 6.7 billion euros in current prices

Date 31.05.2019
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  3. 1st quarter GDP at 6.7 billion euros in current prices
According to Statistics Estonia, the year-on-year growth of the gross domestic product (GDP) of Estonia was 4.5% in the first quarter of 2019.

In January, trade grew by more than a third

Date 11.03.2022
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  2. In January, trade grew by more than a third
According to Statistics Estonia, in January 2022, Estonia’s exports of goods increased by 35% and imports by 36% compared to January 2021. Trade growth was significantly boosted by the increased exports and imports and higher prices of mineral fuels and electricity.

Recession was wide-ranging in the first quarter

Date 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

Trade in goods decreased in June as well as in the first six months overall

Date 09.08.2024
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  3. Trade in goods decreased in June as well as in the first six months overall
According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.

In April, trade grew by a half

Date 09.06.2021
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  2. In April, trade grew by a half
According to Statistics Estonia, in April, exports of goods increased by 54% and imports by 51% year on year. The trade growth was influenced by last year’s low reference base as well as by the increase in exports and imports of mineral products, electrical equipment and transport equipment.

Working international students and graduates contributed over 23 million euros in taxes in the previous academic year

Date 13.03.2024
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  3. Working international students and graduates contributed over 23 million euros in taxes in the previous academic year
Statistics Estonia, commissioned by the Education and Youth Board, analysed for the fifth time the economic contribution of working international students and international graduates. Although the number of international degree students in Estonia was down from the previous years, international students paid 16.6 million euros in income and social tax in the academic year 2022/23, and graduates from the year before contributed 6.9 million euros. For students, this is 2.5 million euros more than in the previous academic year, while for graduates it is 1.5 million euros less.

In the third quarter, Estonian economy grew by 8.6%

Date 30.11.2021
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  2. In the third quarter, Estonian economy grew by 8.6%
According to Statistics Estonia, in the third quarter of 2021, the gross domestic product (GDP) grew by 8.6% year on year. The GDP at current prices was 7.9 billion euros.

In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly

Date 25.06.2026
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  3. In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly
In June, the enterprises’ confidence indicator was the highest in trade (+20.5); it was +3.1 in the services sector and -3.8 in the industry sector. The confidence indicator was the lowest in the construction sector (-12), where insufficient demand was considered the main factor limiting construction activity. The consumer confidence indicator was -29 in June. Month on month, confidence improved among consumers as well as among enterprises in the trade, construction and services sectors. Assessments by industry sector enterprises were somewhat more pessimistic. A more detailed look at the

GDP flash estimate: economy grew by 1% in Q4

Date 30.01.2026
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  3. GDP flash estimate: economy grew by 1% in Q4
Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the flash estimate indicates a slight improvement in the economy compared with the fourth quarter of 2024, while the trend was unchanged compared with the third quarter of 2025. “The seasonally and working-day adjusted GDP remained at the same level as in the third quarter,” added Müürsepp. What is the flash estimate of GDP? The official data on GDP for the fourth quarter of 2025 will be published on 2 March, but it is possible to assess the overall economic trend based on the information already available

Average wages and salaries were 2,135 euros in the first quarter

Date 02.06.2026
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  3. Average wages and salaries were 2,135 euros in the first quarter
Krista Vaikmets, leading analyst at Statistics Estonia, said that wage growth was stable at 5 to 6%. “Year on year, wages have increased in all counties, with the greatest increase registered in Rapla and Järva counties where the rise in gross wages and salaries was about 7%. The increase in average monthly wages was the smallest in Viljandi and Tartu counties – about 5%,” said Vaikmets. In the first quarter, the average monthly gross wages and salaries were again the highest in Harju county (2,405 euros), rising by 6.3% year on year, and in Tartu county (2,129 euros), growing by 5.3% year on

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