A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs
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%.
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.
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.
Exports of goods boosted by domestic products in November
According to Statistics Estonia, in November 2024, Estonia’s exports of goods grew by 3% from a year earlier, whereas imports remained at the same level. Exports of goods amounted to nearly €1.6 billion and imports to €1.7 billion at current prices. The trade deficit was €166 million, which is €53 million less than in November of the previous year.
Exports of services up by 8% in the third quarter
According to Statistics Estonia and Eesti Pank, in the third quarter of 2024, Estonia’s exports of services grew by 8% and imports by 2%. Exports of services totalled €3.2 billion and imports of services €2.4 billion at current prices. The balance of foreign trade in services was in surplus by €751 million, which is €180 million more than a year earlier.
Foreign trade grew in October, exports of goods of Estonian origin up by 17%
According to Statistics Estonia, in October 2024, Estonia’s exports of goods increased by 12% and imports by 10% compared with October 2023. Exports of goods amounted to nearly €1.7 billion and imports to nearly €2 billion at current prices. The trade deficit was €303 million.
Exports of goods of Estonian origin increased by 4% in September
According to Statistics Estonia, in September 2024, Estonia’s exports of goods increased by 2% and imports by 3% compared with September 2023. Exports of goods amounted to 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 208 million euros, which is 18 million euros more than in September last year.
Trade in goods down in August, most notably with EU countries
According to Statistics Estonia, in August 2024, Estonia’s exports of goods decreased by 1% and imports by 8% compared with August 2023. Exports of goods amounted to nearly 1.5 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 169 million euros, which is 122 million euros less than in August last year.