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GDP flash estimate: economy grew by 0.5% in Q2
Date 30.07.2025
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“Compared with the first quarter of 2025, the seasonally and working-day adjusted GDP was up by 0.5%,” stated Robert Müürsepp, team lead of national accounts at Statistics Estonia. According to Müürsepp, it is too early to say how the consumer price index adjustment will affect GDP calculations. “It is highly unlikely that it will have a significant impact,” he said. What is a flash estimate of GDP? Although the official GDP figure will be released on 29 August, the information currently available can be used to assess the overall economic situation. This includes trade indicators, transport
In August, industrial production grew by 1%
Date 06.10.2025
Article
Helle Bunder, leading analyst at Statistics Estonia, said that production volumes in manufacturing have shown a year-on-year increase each month this year. “There is an upward trend, but the growth has remained slow so far. On a positive note, output in the electronics industry has grown for three months in a row, and in August there was also an increase in the output of the manufacture of wood, which holds the biggest share among economic activities,” noted Bunder. In August, the volume of industrial production was up in two thirds of the manufacturing activities. Looking at the larger
Volume of retail trade turnover up by 4% in September
Date 29.10.2025
Article
Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the turnover volume of retail trade enterprises, which declined in August , returned to growth in September. “The increase in retail trade volume was mainly driven by enterprises engaged in the retail sale of automotive fuel and also by stores selling manufactured goods. The turnover volume of grocery stores, however, continued to decline in September, falling by 5% compared with September 2024,” Pihlak explained. The volume of turnover in enterprises engaged in the retail sale of automotive fuel rose by 22% in September
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EMTAK 2025 is the new version of the Estonian Classification of Economic Activities which is in force since 1 January 2025 and has been updated to reflect today’s economic environment and activities. Publication of data based on the new classification begins in 2026. The use of common classifications in the compilation and publication of statistics ensures the comparability of statistical information. Economic activities are classified according to the Estonian Classification of Economic Activities (EMTAK) which has a hierarchical structure with five levels. The first four levels correspond to
According to revised data, economic growth is yet to be seen
Date 30.05.2025
Article
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant
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How does making vocational education fee-based affect adult learners, and what alternatives are there to vocational education, such as training courses?
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“Last year, the average number of museum visits per person in Estonia was 1.9. The highest museum attendance was seen in Saare and Lääne counties, where there were respectively 4.1 and 3.9 museum visits per person. In Tallinn, the city with the most museums, the average number of visits per person stood at 2.9. Museum attendance was lowest in Rapla county (0.3), with modest figures observed also in Valga (0.7) and Viljandi (0.8) counties,” said Erik Lest, analyst at Statistics Estonia. The number of foreign tourists visiting museums is growing While foreign tourists visited Estonian museums