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Recession was wide-ranging in the first quarter

Article
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.

Recession slowed down in the second quarter. Photo: Shutterstock

Article
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

The Estonian economy contracted by 1.3% last year

Article
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.

The economy contracted by 2.4% due to rising prices

Article
According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.

Project on emptying blocks of flats

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At the request of the Ministry of Finance, Statistics Estonia analyses the electricity consumption of blocks of flats to identify empty dwellings across Estonia. This is a further step towards tackling the problem of empty blocks of flats at national and municipal level.

The consumer price index rose by 1.4% in January compared with December

Article
According to Statistics Estonia, in January, the consumer price index increased by 1.4% compared with December and by 4.7% compared with January 2023. Goods were 2.9% and services 7.9% more expensive than in January last year.

In fish farming, output decreased but the prices increased

Article
According to Statistics Estonia, in 2022, fish farming enterprises sold 801 tonnes of commercial fish and crayfish, for a total of 4.9 million euros. The sale of fish roe amounted to 2.7 tonnes. The sold quantity of fish farming production decreased for the third year in a row. The quantity of fish roe sold in 2022 was 8 times smaller than the year before.