Search results

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.

According to Statistics Estonia, in 2015, a household member spent an average of 395 euros per month – 106 euros more than in 2012. At the same time, there has been a decrease in the share of compulsory expenditure in the household budget.

According to Statistics Estonia, in 2020, the average expenditure per household member in a month was 477 euros, which is 12 euros less than in 2019. Compulsory expenditure, i.e. unavoidable food and housing expenses in the household budget, increased by seven euros year on year.

According to Statistics Estonia, in the second quarter of 2024, the construction price index increased by 0.7% compared with the first quarter and by 2.2% compared with the second quarter of 2023.

According to Statistics Estonia, in 2016, a household member spent an average of 408 euros per month, which is 13 euros more than in 2015. Compulsory expenditure, i.e. unavoidable food and dwelling expenses, accounted for 40% of the household budget, remaining at the level of the previous year.

According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of 2023 and by 0.9% compared with the first quarter of last year.

According to Statistics Estonia, in the first quarter of 2023, the construction price index increased by 1.5% compared with the fourth quarter of 2022 and by 12.6% compared with the first quarter of 2022.

Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.

According to Statistics Estonia, in 2019, the expenditures on research and development (R&D) in Estonia amounted to 453 million euros, which is 24% more than in 2018. The share of R&D expenditures in the gross domestic product was 1.61%, making it the highest share in the last five years.