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According to the preliminary estimate of Statistics Estonia, in the second quarter of 2026, the gross domestic product (GDP) increased by 2.1% compared with the same period of 2025.

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

Today, on 28 July, Statistics Estonia published the July data of the business and consumer surveys that measure the economic confidence of enterprises and consumers. The results show that the confidence of construction and trade enterprises has declined slightly, while assessments in other sectors and among consumers improved.

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

According to Statistics Estonia, accommodation establishments served nearly 320,300 tourists in May 2026, which is 5% more than in May last year. Year on year, there were 9% more foreign tourists, and the number of domestic tourists remained at the same level.

HICP flash estimate: prices down by 0.4% in June

According to the preliminary estimate of Statistics Estonia, in June, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 0.4% compared with May. Compared with June 2025, the HICP rose by 2%. This is a flash estimate which will be refined once more detailed data on June prices are received.

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

Decrease in producer price index affected the most by fall in electricity prices

In July, electricity was cheaper but food more expensive

According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.

In June, producer price index increased by 1.7%

According to Statistics Estonia, in June, the producer price index of industrial output increased by 1.7% compared to May 2020 and decreased by 2.3% compared to June 2019.

Consumer price index on the rise again

According to Statistics Estonia, the change of the consumer price index in June 2020 was 0.9% compared to May 2020 and –1% compared to June of the previous year. Compared to June 2019, goods were 0.8% and services 1.2% cheaper.

Nine-month fall in producer price index stopped

According to Statistics Estonia, in May, the producer price index of industrial output increased by 0.1% compared to April 2020 and decreased by 3.9% compared to May 2019.

Change in Dwelling Price Index most significant in five years

According to Statistics Estonia, in the 1st quarter of 2020, the Dwelling Price Index increased by 11.5% compared to the 1st quarter of 2019. The last time that the change in the index was more significant was in the 3rd quarter of 2014, when it was 13.2%.

In May, cheaper motor fuel had the biggest impact on the consumer price index

According to Statistics Estonia, the change of the consumer price index in May 2020 was -0.7% compared to April 2020 and -1.7% compared to May 2019. Compared to May of the previous year, goods were 1.5% and services 2.0% cheaper.

Producer price index affected the most by falling dairy prices

According to Statistics Estonia, in April, the producer price index of industrial output fell by 0.3% compared to March 2020 and by 4.4% compared to April 2019.

In April, transport had the greatest impact on the consumer price index

According to Statistics Estonia, the change of the consumer price index in April 2020 was -0.4% compared to March 2020 and -0.8% compared to April of the previous year.

Industrial producer price index in decline for eight months

According to Statistics Estonia, in March, the producer price index of industrial output fell by 0.9% compared to February 2020 and by 3.5% compared to March 2019.

Smallest change in consumer price index in three and a half years

According to Statistics Estonia, the change of the consumer price index in March was –0.7% compared to February and 0.9% compared to March of the previous year. The last time that the year-on-year change of the consumer price index was below 0.9% was in October 2016, when it was 0.6%.

Dwelling price indices continued to rise last year

According to Statistics Estonia, in 2019, the Dwelling Price Index increased by 7% compared to the average of 2018. The prices of apartments increased by 6.9% and the prices of houses by 7.3%.

Business and consumer confidence showed signs of improvement in August

The Farm Structure Survey begins in September

In the first half of 2026, there were 4% more accommodated tourists than the year before

There are people of 224 different ethnic nationalities living in Estonia

HICP flash estimate: prices up by 0.5% in July

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