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Study: Estonian Adults Among the Best in the World in Skills, Especially in Younger Generations
The latest results from The Survey of Adult Skills PIAAC highlight that Estonian adults perform exceptionally well in key skills, with the share of highly skilled individuals increasing since the last survey. At the same time, socioeconomic gaps have widened, and the proportion of low-skilled adults has grown. Estonia ranks 6th globally in overall skills, following Finland, Japan, Sweden, Norway, and the Netherlands.
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GDP flash estimate: the economy contracted by 0.7% in Q3
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the third quarter of 2024. The GDP fell by approximately 0.7% compared with the third quarter of 2023.
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Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs
In order to better meet the changing needs of society, the national statistical institutes across Europe can assume new roles and provide new data services in addition to official statistics. At the same time, they must remain a reliable source of high-quality data. These are the key takeaways from the annual DGINS conference held in Tallinn last week.
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Which smart devices do people in Estonia use at home?
According to Statistics Estonia, there has been a considerable rise in the use of Internet of Things devices over the last four years. The use of smart TVs has risen by 30%, and the use of smart watches has increased by as much as 60%. Internet-connected home appliances and voice-activated virtual assistants are also increasingly popular among households.
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In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)
According to Statistics Estonia, in February 2025, the consumer price index increased by 1.4% compared with January and by 5.3% compared with February 2024. Goods were 2% and services 10.6% more expensive than in February last year.
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Average wages and salaries rose by 8.1% last year
According to Statistics Estonia, the average monthly gross wages and salaries in 2024 stood at €1,981, which is 8.1% higher than in 2023. In the fourth quarter of 2024, the average monthly gross wages and salaries were €2,062, which is 8.3% higher than in the same quarter of 2023.
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The increase in manufacturing output in January was mainly driven by the wood industry
According to Statistics Estonia, in January 2025, the total production of industrial enterprises decreased by 2.5% at constant prices compared with January 2024. Among the three industrial sectors, output increased by 2% in manufacturing but decreased by 7.4% in mining and by 21.8% in electricity production.
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Exports of services up by 7% and imports by 5% in 2024
According to Statistics Estonia and Eesti Pank, in 2024, Estonia’s exports of services grew by 7% and imports by 5%. Exports of services totalled €12.5 billion and imports €9.5 billion at current prices. The balance of foreign trade in services was in surplus by €2.9 billion, which is €333 million more than in 2023.
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HICP flash estimate: prices up by 1.3% in February
According to the preliminary estimate of Statistics Estonia, in February 2025, the harmonised index of consumer prices (HICP) increased by 1.3% compared with January and by 5% compared with February last year.
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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.
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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%.
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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.
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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.
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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.
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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%.
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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.