News

Sown area of potatoes smaller than ever before

According to preliminary data of Statistics Estonia and the Agricultural Registers and Information Board (ARIB), the utilised agricultural area this year is 983,400 hectares, which is 4,400 hectares less than in 2023. There has been a slight decrease in arable land, as well as in the area of fruit and berry plantations. The sown area of potatoes, which has been in decline for a long time, continues the trend and is 8% smaller in 2024 than the year before.
Read more 9. July 2024
News

The economy contracted by 1% in Q2

According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.
Read more 30. August 2024
News

The economy contracted by 3% last year

According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.
Read more 1. March 2024
News

GDP flash estimate: economy contracted by 2.5% in Q3

According to Statistics Estonia's preliminary estimate, gross domestic product (GDP) continued to decline in the third quarter of 2023. Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that, compared with the third quarter of 2022, GDP fell by around 2.5%.
Read more 30. October 2023
News

Recession was wide-ranging in the first quarter

According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.
Read more 31. May 2023
News

The Estonian economy contracted by 1.3% last year

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.
Read more 1. March 2023

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