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GDP flash estimate: the economy grew by 2.1% in Q2

Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined

In May, there were 5% more accommodated tourists than the year before

HICP flash estimate: prices down by 0.4% in June

In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly

The number of international students decreased last year but their tax contribution increased

According to Statistics Estonia, in the academic year 2024/25, international students studying and working in Estonia contributed 16.6 million euros in taxes. In the same period, international graduates of the academic year 2023/24 contributed 7.5 million euros as labour taxes in Estonia. Throughout the analysed period (2017–2025), international students and graduates have contributed over 317 million euros in taxes in Estonia.

The share of innovative enterprises in Estonia is growing

According to Statistics Estonia, 65% of Estonian enterprises have introduced product or process innovations. The share of innovative enterprises is the highest in financial and insurance activities and in information and communication.

Latest business and consumer survey results published by Statistics Estonia

On 26 May, Statistics Estonia published for the first time the results of the surveys that measure consumers’ and enterprises’ economic confidence. The data are published in the statistical database.

Statistics Estonia starts monitoring consumers’ and enterprises’ economic confidence: each response matters

On 4 May, Statistics Estonia begins the economic sentiment surveys that show how secure Estonian residents feel financially and how enterprises see the future of their business activities.

Average wages increased by 5.6% last year

Average wages and salaries were 2,135 euros in the first quarter

Estonia’s economy fared better in 2025 than in the two preceding years

In March, the producer price index of industrial output increased

According to Statistics Estonia, in March 2015, the producer price index of industrial output changed by 0.6% compared to February 2015 and by -0.6% compared to March 2014.

In February, the number of tourists in accommodation establishments decreased

According to Statistics Estonia, 177,000 tourists used the services of accommodation establishments in February 2015, which is 1% fewer than in February 2014. The number of foreign tourists decreased and the number of domestic tourists increased.

In February foreign trade decreased

According to Statistics Estonia, in February 2015, exports of goods decreased by 7% and imports by 4% compared to February of the previous year. The decrease in exports and imports was mostly influenced by a fall in the trade of mineral products and mechanical appliances.

In March, the consumer price index was influenced the most by motor fuel

According to Statistics Estonia, the change of the consumer price index in March 2015 was 0.6% compared to February 2015 and -0.6% compared to March of the previous year.

In February, the growth in retail sales accelerated

According to Statistics Estonia, in February 2015 compared to February of the previous year, the retail sales of goods of retail trade enterprises increased 8% at constant prices. In January the retail sales increased 5% compared to the same month of the previous year, while in February the growth in retail sales accelerated.

In February, industrial production increased compared to the previous year

According to Statistics Estonia, in February 2015, the production of industrial enterprises increased by 5% compared to February of the previous year. Production increased in manufacturing and energy production, but decreased in mining.

Indicators of Sustainable Development

General government balance back in surplus

According to the preliminary data of Statistics Estonia, in 2014, the Estonian general government surplus was 0.6% and the gross debt level was 10.6% of the gross domestic product.

Last year the carriage of passengers and goods declined

According to Statistics Estonia, in 2014, the number of passengers served by Estonian transport enterprises decreased by 2% and the freight volume in tonnes decreased by 5% compared to the previous year. Passenger traffic volume increased by 6% in passenger-kilometres, but freight turnover fell 15% in tonne-kilometres.