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In February, electricity had the biggest impact on the producer price index

Article
In February 2021, 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% compared to January and by 4.1% compared to February 2020.

The higher cost of materials raises construction prices

Article
According to Statistics Estonia, in the first quarter of 2022, the construction price index increased by 4.6% compared to the fourth quarter of 2021 and by 19.3% compared to the first quarter of 2021.

Growth in foreign trade in services slowed down in the first quarter

Article
According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

In 2018, rapid economic growth continued in Estonia

Article
According to Statistics Estonia, in 2018, the gross domestic product (GDP) of Estonia increased 3.9% compared to 2017. For the third consecutive year the economic growth in Estonia was faster than 3%. In the 4th quarter of 2018, the Estonian economy increased by 4.2% compared to the 4th quarter of 2017.

Economic and financial data for Estonia

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Data category National presentation SDMX data Metadata REAL SECTOR National accounts Statistics Estonia Statistics Estonia Statistics Estonia Statistics Estonia SDMX DSBB Sectoral Balance Sheets Bank of Estonia Bank of Estonia SDMX DSBB Production index Statistics Estonia SDMX DSBB Labor market: Employment Statistics Estonia SDMX DSBB Labor market: Unemployment Statistics Estonia SDMX DSBB Labor market: Wages/Earnings Statistics Estonia SDMX DSBB Price index: Consumer prices Statistics Estonia SDMX DSBB Price index: Producer prices Statistics Estonia SDMX DSBB FISCAL SECTOR General government

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

Article
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.