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According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

According to Statistics Estonia, in January 2023, the total production of industrial enterprises decreased by 7.3% at constant prices compared with January 2022. Output fell in all three sectors – by 14.2% in electricity production, by 6.3% in manufacturing and by 2.9% in mining.

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 0.2% in November compared with October 2022 and by 22.4% compared with November 2021.

Today, on 3 November, Statistics Estonia presents the publication “Changes in the Economy and Labour Market” which outlines the relevant trends in the last decade.

According to Statistics Estonia, in the 3rd quarter of 2011, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year. At the same time the continually improving comparison basis turns the growth rate slower.

According to Statistics Estonia, in 2019, 90% of households had internet connection at home and it is used daily or almost daily by 98% of 16–44-year-olds. Enterprises contribute increasingly to improving their ICT security measures and policies.

According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2019 was 0.3% compared to the 1st quarter of 2019, and 2.0% compared to the 2nd quarter of 2018.

According to Statistics Estonia, the change of the construction price index in the 3rd quarter of 2018 was 0.3% compared to the previous quarter and 1.4% compared to the 3rd quarter of 2017.

According to the preliminary data of Statistics Estonia, in 2011 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 1.7 billion euros, which is 27% more than the year before. Construction volumes, which had started to decline in 2008, took an upturn in 2011.

According to Statistics Estonia, in July, exports of goods increased by 29% and imports by 27% year on year. Trade growth was significantly influenced by the increase in the exports and imports of mineral fuels and base metals and articles of base metal.