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Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that the improvement in Estonian economy continued in the first quarter of 2025. “Compared with the first quarter of 2024, the GDP increased by 1.2%. Compared with the fourth quarter of 2024, the seasonally and working-day adjusted GDP was up by 0.1%,” explained Müürsepp. Statistics Estonia will publish GDP data for the first quarter of 2025 on 30 May . The GDP flash estimate is prepared using statistical models and it is not methodologically comparable to the official GDP time series. See the GDP flash estimate in the

According to the preliminary data of Statistics Estonia, in the fourth quarter of 2021, the gross domestic product (GDP), which shows how the Estonian economy is doing, grew by 8.6% compared to the same period of 2020. The GDP at current prices was 8.7 billion euros.

According to Statistics Estonia, in the 2nd quarter of 2020, the gross domestic product (GDP) fell by 6.9% compared to the 2nd quarter of 2019. The GDP at current prices was 6.4 billion euros.

Statistics Estonia has revised the entire time series of gross domestic product (GDP) starting from 1995. During the revision, updated basic data sources were incorporated and methodological improvements were made.

According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.