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Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Number of people living in poverty down year on year, perceived deprivation up

Kuupäev 06.11.2024
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  3. Number of people living in poverty down year on year, perceived deprivation up
Epp Remmelg, leading analyst at Statistics Estonia, said that the at-risk-of-poverty rate reflects income inequality in a country. “In 2023, close to 274,800 people lived at risk of poverty – nearly 29,000 fewer than in 2022. Their net monthly income, taking into account household composition, i.e. the equivalised disposable income, was less than €807,” said Remmelg. Income grew mainly due to increases in child benefits and pensions The analyst noted that over the years, the at-risk-of-poverty rate has been highest among the elderly living alone and lone parent households. “However, we see

Producer price index of industrial output rose in July

Kuupäev 21.08.2024
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  3. Producer price index of industrial output rose in July
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 0.4% in July 2024 compared with June and by 0.8% compared with July last year.

The consumer price index rose by 4.8% last year

Kuupäev 08.01.2026
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  3. The consumer price index rose by 4.8% last year
Lauri Veski, manager of the consumer price statistics service team at Statistics Estonia, said that the biggest impact on the consumer price index in 2025 came from price increases related to food and non-alcoholic beverages. “The prices of food and non-alcoholic beverages rose by 6.9% last year,” said Veski. Among food products, the biggest rise occurred in the prices of chocolate (31.5%), coffee (31%), poultry (15.2%) and fresh fruits and berries (12.7%). On the other hand, there was a decrease in the prices of sugar (17.1%), potatoes (5.7%), fresh or chilled fish (3.9%) and processed fruit

Estonia spent nearly 715 million euros on environmental protection in 2022

Kuupäev 13.12.2024
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  3. Estonia spent nearly 715 million euros on environmental protection in 2022
Environmental protection expenditure accounts reflect the measures and expenditures targeted at the prevention, reduction or elimination of pollution. National expenditure on environmental protection is calculated as a sum of current expenditure and capital expenditure (investments) on environmental protection activities, after deducting transfers from the rest of the world. Kaia Oras, leading expert at Statistics Estonia, noted that nearly half of the environmental protection expenditure in 2022 was made up of expenditures on waste management (347 million euros). “Expenditure on waste

In July, retail trade volume decreased by 2%

Kuupäev 29.08.2024
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  3. In July, retail trade volume decreased by 2%
According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.

Producer price index of industrial output down by 0.5% from last year

Kuupäev 22.07.2024
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  3. Producer price index of industrial output down by 0.5% from last year
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 0.7% in June 2024 compared with May and decreased by 0.5% compared with June last year.

Turnover volume in retail trade grew by 2% last year

Kuupäev 30.01.2026
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  3. Turnover volume in retail trade grew by 2% last year
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the biggest increase was registered in enterprises engaged in the retail sale of automotive fuel, where turnover volume increased by 14% last year. “The volume of turnover was up by 4% in stores selling manufactured goods but decreased by 4% in grocery stores,” added Pihlak. Pihlak explained that the increase in the turnover volume of enterprises engaged in the retail sale of automotive fuel was influenced by the lower reference base of 2024 and by the lower prices of motor fuels. She noted that the turnover of enterprises engaged

Biggest national culture survey: people mainly go to the cinema or a concert for entertainment

Kuupäev 27.06.2024
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  3. Biggest national culture survey: people mainly go to the cinema or a concert for entertainment
The Cultural Participation Survey conducted by Statistics Estonia reveals that over half a million people in Estonia went to the cinema at least once last year. Almost the same number of people attended a concert. Overall, 79% of residents aged 15 and over participated in a cultural event in 2023.

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

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