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In 2022, trade of goods increased, trade deficit was 3.3 billion euros

Date 09.02.2023
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  3. In 2022, trade of goods increased, trade deficit was 3.3 billion euros
According to Statistics Estonia, exports of goods increased by 17% and imports by 23% in 2022 compared with 2021. In December 2022, both exports as well as imports remained at the level of 2021.

Consumer price index down by 0.5% in March

Date 07.04.2025
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  3. Consumer price index down by 0.5% in March
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, year on year, food products, transport and housing had the biggest impact on the consumer price index in March. “Year on year, the motor vehicle tax that came into force in January will be affecting transport until the end of 2025. Rent and the cost of housing-related services have increased year on year. Compared with March 2024, prices have risen across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 3.4%,” noted Veski. Compared with

The number of foreign tourists reached 2019 levels

Date 10.04.2025
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  3. The number of foreign tourists reached 2019 levels
Helga Laurmaa, leading analyst at Statistics Estonia, said that 110,000 foreign and 120,000 domestic tourists were accommodated in Estonia in February 2025. “The number of foreign tourists increased by 3% year on year and reached the level of February 2019. However, in February 2020, just before the crisis, 10,000 more foreign tourists (8%) stayed in accommodation establishments than in February this year,” Laurmaa added. The number of domestic tourists in February was 2% higher than at the same time last year. Helga Laurmaa pointed out that, compared with pre-crisis February 2020, the number

In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)

Date 07.03.2025
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  3. In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)
Instead of the 2024 weights, the 2023 weights were included in the table. Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that exchange prices of electricity, motor vehicle tax and food products had the biggest impact on the consumer price index in February year on year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.3% year on year,” noted Veski. Compared with January 2025, the index for February

Exports of goods to Finland decreased the most in January

Date 11.03.2024
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  3. Exports of goods to Finland decreased the most in January
According to Statistics Estonia, in January 2024, exports of goods decreased by 11% and imports by 13% compared with January 2023. Exports of goods amounted to about 1.4 billion and imports to 1.5 billion euros at current prices. The trade deficit was 122 million euros, which is 60 million euros less than in January last year.

In February, the producer price index of industrial output rose by 0.8% compared to the previous month

Date 21.03.2022
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  2. In February, the producer price index of industrial output rose by 0.8% compared to the previous month
In February 2022, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.8% compared to January 2022 and by 26.3% compared to February 2021.

The consumer price index rose by 3.5% in 2024

Date 08.01.2025
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  3. The consumer price index rose by 3.5% in 2024
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the biggest impact on the consumer price index in 2024 came from price increases related to food and non-alcoholic beverages, which accounted for 23.7% of the total index rise. The prices of food and non-alcoholic beverages rose by 3.2% last year. “Among food products, the biggest rise occurred in the prices of olive oil (44%) and juices and syrups (36.7%). The prices of chocolate also went up significantly (14.5%). On the other hand, there was a considerable decrease in the prices of sugar (18%) and fresh

According to revised data, economic growth is yet to be seen

Date 30.05.2025
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  3. According to revised data, economic growth is yet to be seen
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

Industrial production fell in 2022 due to weaker performance in the second half of the year

Date 06.02.2023
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  3. Industrial production fell in 2022 due to weaker performance in the second half of the year
According to Statistics Estonia, in 2022, the total production of industrial enterprises fell by 1.9% at constant prices compared with the year before. Of the three main industrial sectors, production increased by 7.3% in mining and by 5.4% in energy production but decreased by 2.7% in manufacturing.

205,000 tourists: number of accommodated tourists up by 6% in January

Date 11.03.2025
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  3. 205,000 tourists: number of accommodated tourists up by 6% in January
Helga Laurmaa, leading analyst at Statistics Estonia, said that 95,000 foreign and 110,000 domestic tourists were accommodated in Estonia in January 2025. Year on year, the number of domestic tourists fell, as it did in several months in 2024. The number of tourists in January 2025 was 8% smaller than in January of 2020, the last pre-pandemic peak month. “Compared with the January before the crisis, there were 15,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 33,000,” added Laurmaa. 30,000 tourists arrived from Finland, representing 32% of all

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