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In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas

Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that the preliminary estimate shows signs of improvement in the Estonian economy in the fourth quarter of last year. “There was no more major recession, as the seasonally and working-day adjusted GDP remained unchanged from the third quarter of 2024. Compared with the fourth quarter of 2023, the economy contracted only slightly,” noted Müürsepp. Statistics Estonia will publish GDP data for the fourth quarter of 2024 on 3 March . See also the GDP flash estimate in the statistical database . Learn more about national

86% of Estonian people are willing to review and update their personal information in the population register and in the register of buildings before the population census begins at the end of this year. Still, only 16% of the population, on average, have logged into these registers over the last year, as revealed by the survey carried out by Kantar Emor.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the exchange prices of electricity had the biggest influence on the harmonised index of consumer prices compared with the previous month as well as with February last year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.6% year on year,” said Veski. The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised

According to Statistics Estonia, in the first quarter of 2023, the dwelling price index increased by 9.2% compared with the first quarter of 2022 and remained unchanged compared with the fourth quarter of 2022.

According to Statistics Estonia, in July, the consumer price index decreased by 0.6% compared with June 2023 and increased by 6.4% compared with July 2022. Goods were 8.1% and services 3.1% more expensive than in July last year.

According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.

In the coming months, the population census continues with the collection and analysis of register data. The first dataset on population composition will be published at the beginning of June.

Minister of Education and Research Kristina Kallas stated that the survey results suggest we are moving in the right direction with our education reforms. “People with lower education levels tend to have weaker skills and lower life satisfaction. Extending compulsory education, as we recently initiated, is clearly the right direction in light of these results. The survey also shows that Russian-speaking residents face challenges in the labor market due to lower skills, often caused by insufficient proficiency in Estonian. Transitioning to Estonian-language education is crucial, and we need to