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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.

The economy grew 0.5% in the 3rd quarter

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 0.5% in the 3rd quarter of 2015 compared to the same quarter of the previous year.

In September foreign trade continued to decrease

According to Statistics Estonia, in September 2015, exports of goods decreased by 10% and imports by 9% compared to September of the previous year. Summing up the first three quarters of 2015, exports decreased 3% and imports 5% compared to the same period a year ago.

In September, the number of tourists in accommodation establishments increased

According to Statistics Estonia, 235,300 tourists used the services of accommodation establishments in September 2015, which was 1% more than in September 2014. The number of both foreign and domestic tourists increased.

In October, the annual change of the consumer price index was influenced the most by motor fuel

According to Statistics Estonia, the change of the consumer price index in October 2015 was 0.1% compared to September 2015 and -0.6% compared to October of the previous year.

Stable growth in retail sales continued in September

According to Statistics Estonia, in September 2015 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 9% at constant prices. In the last four months, retail sales have been increasing steadily by 8–9% compared to the same month of the previous year.

In September, the volume of industrial production decreased

According to Statistics Estonia, in September 2015, the production of industrial enterprises decreased 4% compared to September of the previous year. Production decreased in manufacturing, energy and mining.

Construction price index took an upturn in the 3rd quarter as a result of wage pressures

According to Statistics Estonia, in the 3rd quarter of 2015, the construction price index increased 0.2% compared to the 2nd quarter of 2015, and 0.6% compared to the 3rd quarter of 2014.

In September, the producer price index of industrial output decreased

According to Statistics Estonia, in September 2015, the producer price index of industrial output changed by -0.2% compared to August 2015 and by -2.8% compared to September 2014.

A conference devoted to register and big data opens today

Today, on 20 October, a conference of Statistics Estonia and the Estonian Statistical Society “Registers and Big Data in Statistics”, presenting the options of using register and big data, will be held in Viljandi.

In August, the number of tourists in accommodation establishments increased

According to Statistics Estonia, 394,000 tourists used the services of accommodation establishments in August 2015, which was 4% more than in August 2014. The number of both foreign and domestic tourists increased.

In August foreign trade decreased

According to Statistics Estonia, in August 2015, exports of goods decreased by 6% and imports by 3% compared to August of the previous year. The decrease in exports was mostly influenced by a fall in the trade of electrical equipment, metals and products thereof, and mineral products.

Consumer price index decreased for the 4th consecutive month

According to Statistics Estonia, the change of the consumer price index in September 2015 was -0.6% compared to August 2015 and -0.7% compared to September of the previous year.