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Article

GDP flash estimate: economy grew by 0.5% in Q2

Date 30.07.2025
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  3. GDP flash estimate: economy grew by 0.5% in Q2
“Compared with the first quarter of 2025, the seasonally and working-day adjusted GDP was up by 0.5%,” stated Robert Müürsepp, team lead of national accounts at Statistics Estonia. According to Müürsepp, it is too early to say how the consumer price index adjustment will affect GDP calculations. “It is highly unlikely that it will have a significant impact,” he said. What is a flash estimate of GDP? Although the official GDP figure will be released on 29 August, the information currently available can be used to assess the overall economic situation. This includes trade indicators, transport

The number of job vacancies rose to over 13,000

Date 06.06.2022
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  2. The number of job vacancies rose to over 13,000
According to Statistics Estonia, in the first quarter of 2022, there were 13,076 job vacancies in the enterprises, institutions and organisations of Estonia. This is 38% more than in the same quarter of 2021. More than 4,000 persons left their jobs on the employer’s initiative.

In the third quarter, the average monthly gross wages and salaries were 1,812 euros, median wages 1,500 euros

Date 24.11.2023
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  3. In the third quarter, the average monthly gross wages and salaries were 1,812 euros, median wages 1,500 euros
According to Statistics Estonia, in the third quarter of 2023, the average monthly gross wages and salaries were 1,812 euros, which is 10.4% higher than in the same quarter last year. The median wages were 1,500 euros, which is 11.2% more than in the third quarter last year.

Lower prices of materials led to a fall in the construction price index in the second quarter

Date 21.07.2023
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  3. Lower prices of materials led to a fall in the construction price index in the second quarter
According to Statistics Estonia, in the second quarter of 2023, the construction price index decreased by 0.5% compared with the first quarter and increased by 6.8% compared with the second quarter of 2022.

In March, turnover increased the most in stores selling manufactured goods

Date 29.04.2022
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  2. In March, turnover increased the most in stores selling manufactured goods
According to Statistics Estonia, in March, the turnover of retail trade enterprises was 891 million euros. Compared to March 2021, turnover increased by 18% at constant prices.

Life expectancy in Estonia is 79.8 years, healthy life expectancy is 57.3 years

Date 26.05.2026
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  3. Life expectancy in Estonia is 79.8 years, healthy life expectancy is 57.3 years
Epp Remmelg, leading analyst at Statistics Estonia, said that life expectancy has shown a steady uptrend in Estonia, with the exception of the pandemic years. “Last year, compared with 2024, life expectancy increased by 0.5 years for men and by 0.1 years for women,” said Remmelg. She added that since 1995, when life expectancy at birth was 67.6 years, it has increased by 12.2 years and reached 79.8 years in 2025. Life expectancy in Latvia and Lithuania has been lower than in Estonia – in 2024, it was 77.5 years in Lithuania and 76.4 years in Latvia. Latvia has the one of the lowest life

The rise in construction prices in the first quarter was curbed by the lower cost of materials

Date 22.04.2025
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  3. The rise in construction prices in the first quarter was curbed by the lower cost of materials
Ülo Paulus, leading analyst at Statistics Estonia, said that in the first quarter of this year, compared with the same period in 2024, the construction price index was primarily influenced by the 2.9% increase in employees’ wages, which accounted for 54% of the index change. “Compared with the fourth quarter of last year, labour force was 0.6% more expensive and the cost of using building machines rose by 0.3%, while the prices of building materials were down by 0.2%,” explained Paulus. The repair and reconstruction work price index decreased by 0.5% compared with the fourth quarter of 2024

Inflation reduced GDP growth to just 0.6% in the second quarter

Date 31.08.2022
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

Producer price index of industrial production down year on year, up from previous month

Date 20.06.2024
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  3. Producer price index of industrial production down year on year, up from previous month
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.0% in May 2024 compared with April and decreased by 1.6% compared with May last year.

The number of job vacancies surpassed 10,000 (corrected on 08.09.2021)

Date 08.09.2021
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  2. The number of job vacancies surpassed 10,000 (corrected on 08.09.2021)
According to Statistics Estonia, in the second quarter of 2021, there were 10,542 job vacancies in the enterprises, institutions and organisations of Estonia. The number increased by 30% year on year. More than 12,000 persons left their jobs on the employer’s initiative.

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