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In May, the consumer price index rose by 0.1% compared with April
Kuupäev 06.06.2025
Article
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on
According to revised data, economic growth is yet to be seen
Kuupäev 30.05.2025
Article
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant
Economy grew by 1.2% in Q4 of 2024
Kuupäev 03.03.2025
Article
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
Consumer price index down by 0.5% in March
Kuupäev 07.04.2025
Article
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, year on year, food products, transport and housing had the biggest impact on the consumer price index in March. “Year on year, the motor vehicle tax that came into force in January will be affecting transport until the end of 2025. Rent and the cost of housing-related services have increased year on year. Compared with March 2024, prices have risen across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 3.4%,” noted Veski. Compared with
Exports of goods up by 17% and imports by 13% in March
Kuupäev 12.05.2025
Article
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin
Article
Jane Leppmets, analyst at Statistics Estonia, noted that, compared with 2024, exports of services to European Union countries increased by 4% in the first quarter of this year, while imports from these countries grew by 8%. Exports of services to non-EU countries rose by 6% and imports from these countries increased by 18%. “The latter was mainly due to higher imports of services from Cyprus, the United Kingdom, and the United States. In the first quarter, the largest import items were other business services from Cyprus, transport services from the United Kingdom, and telecommunications
Exports of services up by 7% and imports by 5% in 2024
Kuupäev 04.03.2025
Article
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total
Exports of services up by 8% in the third quarter
Kuupäev 10.12.2024
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Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business
Estonia spent nearly 715 million euros on environmental protection in 2022
Kuupäev 13.12.2024
Article
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