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Estonia's population is increasing due to Ukrainian immigration
According to Statistics Estonia, on 1 January 2024, the population of Estonia was 1,374,687. There were 10,949 births and 16,002 deaths in Estonia in 2023.
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Trade in goods with EU countries decreased the most in March
According to Statistics Estonia, in March 2024, exports of goods decreased by 16% and imports by 15% compared with March 2023. Exports of goods amounted to about 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 216 million euros, which is 14 million euros less than in March last year.
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In March, 14% more foreign tourists stayed in accommodation establishments than a year earlier
According to Statistics Estonia, accommodation establishments served nearly 237,400 tourists in March 2024, which is 5% more than in March last year. The number of domestic tourists decreased a little, while the number of foreign tourists increased.
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In April, the rise in the consumer price index was the smallest of the last three years
According to Statistics Estonia, in April, the consumer price index increased by 0.9% compared with March and by 2.8% compared with April 2023. Goods were 2.4% and services 3.3% more expensive than in April last year.
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Production of industrial enterprises down by 5.7% in March
According to Statistics Estonia, in March 2024, the total production of industrial enterprises fell by 5.7% compared with March last year. Among the three main sectors, output increased slightly in mining (by 0.4%), but decreased by 6.5% in manufacturing and by 4.4% in electricity production.
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GDP flash estimate: economy contracted by 2.1% in Q1
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the first quarter of 2024. The GDP fell by about 2.1% compared with the first quarter of 2023.