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HICP flash estimate: prices down by 0.5% in November

A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs

HICP flash estimate: prices in October did not rise compared with September

GDP flash estimate: economy grew by 0.9% in Q3

HICP flash estimate: prices down by 1.2% in September

Working international students and graduates contributed nearly 23 million euros in taxes in the academic year 2023/2024

According to Statistics Estonia, working international students and international graduates who have stayed to work here after graduation contributed nearly 23 million euros in taxes in Estonia in the academic year 2023/2024. Although the number of international students in Estonia has decreased, their contribution to the Estonian economy has not fallen as much.

HICP flash estimate: prices up by 0.9% in August

According to the preliminary estimate of Statistics Estonia, in August 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.9% compared with July. In comparison with July last year, the HICP rose by 6.2%. The HICP is a flash estimate, which will be revised based on the August price data.

Revised data: average wages and salaries were €2126 in the second quarter

According to Statistics Estonia's revised data, in the second quarter of 2025, the average monthly gross wages and salaries were €2,126, which is 5.9% higher than in the second quarter of 2024.

HICP flash estimate: prices up by 0.6% in July

According to the preliminary estimate of Statistics Estonia, in July 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.6% compared with June. Compared with July last year, the HICP rose by 5.6%.

Revised data: average wages and salaries were €2126 in the second quarter

At-risk-of-poverty rate down, absolute poverty rate up in Estonia

Average wages and salaries were €2,075 in the third quarter

Economy grew by 1.2% in Q4 of 2024

According to Statistics Estonia, in the fourth quarter of 2024, the gross domestic product (GDP) grew by 1.2% compared with the same period of 2023. Estonia's GDP contracted by 0.3% in 2024. The GDP at current prices amounted to €10.6 billion in the final quarter of last year and to €39.5 billion in 2024 as a whole.

Retail trade volume up by 3% in January

According to Statistics Estonia, in January, the turnover of retail trade enterprises was 804 million euros. Compared with January 2024, the volume of retail trade turnover increased by 3%.

In January, the producer price index remained at the same level year on year

The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 0.9% in January 2025 compared with December 2024. The index remained at the same level as in January last year.

Construction volume down by 6% last year

According to the preliminary data of Statistics Estonia, in 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% compared with 2023. Considering only the domestic market, the fall in construction volume last year was 7%.

The numbers of unemployed and employed persons both increased last year

According to Statistics Estonia, in 2024, the unemployment rate was 7.6%, the employment rate was 68.9%, and the labour force participation rate was 74.6%.

3.6 million tourists: number of accommodated tourists was up by 5% in 2024

According to Statistics Estonia, in 2024, Estonian accommodation establishments served 3.6 million tourists, which is 5% more than in 2023 but 5% less than in 2019.

Foreign trade in goods was up in December but down in 2024 as a whole

According to Statistics Estonia, in 2024, exports of goods decreased by 4% and imports by 2% compared with 2023. Exports of goods amounted to 17.4 billion and imports to 20.7 billion euros at current prices. The trade deficit was 3.3 billion euros, which is 275 million euros higher than in 2023. In December 2024, exports of goods increased by 2% and imports by 9% compared with December 2023.

Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)

According to Statistics Estonia, in January 2025, the consumer price index increased by 1.4% compared with December 2024 and by 3.9% compared with January 2024. Goods were 2.4% and services 6.3% more expensive than in January last year.

Volume of industrial production decreased by 4% in 2024

According to Statistics Estonia, in 2024, the total production of industrial enterprises decreased by 4% at constant prices compared with the year before. Among the three industrial sectors, output decreased by 4.4% in manufacturing, remained the same in electricity production and increased by 2.9% in mining.

Retail trade volume down by 3% last year

According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2024 was €10.4 billion. Compared with 2023, the volume of retail trade turnover decreased by 3%.

GDP flash estimate: economy contracted by 0.1% in Q4

According to Statistics Estonia's preliminary estimate, the economy remained almost at the same level in the fourth quarter of 2024. Gross domestic product (GDP) fell by 0.1% compared with the fourth quarter of 2023.

Construction prices rose by 1.6% in 2024

According to Statistics Estonia, in 2024, the construction price index increased by 1.6% compared with the average of 2023. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter of last year and by 1.3% compared with the fourth quarter of 2023.

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