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Article

Record economic growth in the second quarter (corrected on 31.08.2021)

Date 31.08.2021
Article
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  2. Record economic growth in the second quarter (corrected on 31.08.2021)
According to Statistics Estonia, in the second quarter of 2021, the gross domestic product (GDP) grew by 12.9% year on year. The GDP at current prices was 7.4 billion euros.

The decline in industrial production continued in July

Date 04.09.2024
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  3. The decline in industrial production continued in July
According to Statistics Estonia, in July 2024, the total production of industrial enterprises decreased by 5.8% at constant prices compared with July last year. Among the three main sectors, output increased by 16.9% in mining and by 16.3% in electricity production but decreased by 7.8% in manufacturing.

Exports to Latvia, the Netherlands and the USA fell the most in October

Date 11.12.2023
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  3. Exports to Latvia, the Netherlands and the USA fell the most in October
According to Statistics Estonia, in October, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with October 2022, exports of goods decreased by 21% and imports by 17% at current prices. The trade deficit in October was 307 million euros, which is 24 million euros more than a year earlier.

Average wages and salaries were €2,075 in the third quarter

Date 27.11.2025
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  3. Average wages and salaries were €2,075 in the third quarter
“In the third quarter of this year, the percentage change in wages and salaries remained at the same level as in the previous quarter. However, in the third quarter of 2024, wage growth was 8.1%, which means that the year-on-year growth in wages and salaries slowed down,” said Sigrid Saagpakk, analyst at Statistics Estonia. She added that, in the second quarter, employees usually receive more bonuses (such as holiday pay), which is why the average wages and salaries in the third quarter are typically lower than in the second quarter. In the third quarter, the average monthly gross wages and

The economy continued to grow slightly in Q3

Date 01.12.2025
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  3. The economy continued to grow slightly in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that although the economy has shown slight growth for two consecutive quarters, the contribution of most sectors has remained insignificant. “Manufacturing was the biggest positive contributor to GDP in the third quarter, with its value added growing by 7.9%. The last time this sector performed so well was in the fourth quarter of 2021. However, it must be noted that production figures were still modest,” noted Müürsepp. In addition to manufacturing, the largest positive contributors to the economy were the energy

In October, the industrial producer price index decreased

Date 22.11.2021
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  2. In October, the industrial producer price index decreased
In October 2021, 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, decreased by 0.1% compared to September 2021 and increased by 19.0% compared to October 2020.

In November, the industrial producer price index was affected the most by price increase in electricity production

Date 20.12.2021
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  2. In November, the industrial producer price index was affected the most by price increase in electricity production
In November 2021, 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 1.1% compared to October 2021 and by 19.1% compared to November 2020.

Sales of pesticides increased for the second year in a row

Date 12.06.2026
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  3. Sales of pesticides increased for the second year in a row
Swen Peterson, leading analyst at Statistics Estonia, said that herbicides are still the most sold plant protection products. “In 2025, the sales of herbicides totalled 632 tonnes, which is over 34.7 tonnes more than in 2024. Within the available time series, it is also the largest quantity of herbicides placed on the market in Estonia in one year. Compared with 2024, the sales of insecticides and fungicides increased by about 30%,” added Peterson. Herbicides accounted for 74%, fungicides for 15.7%, growth regulators for 7.6% and insecticides for 1.9% of the total amount of pesticides sold. In

Trade up in June, imports from Russia and Belarus down

Date 09.08.2022
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  2. Trade up in June, imports from Russia and Belarus down
According to Statistics Estonia, in June 2022, Estonia’s exports of goods increased by 26% and imports by 24% compared with June 2021. Compared with the second quarter of last year, exports grew by 21% and imports by 30%. In June and in the second quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity and wood and articles of wood.

Industrial production fell by 4.7% in April

Date 05.06.2024
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  3. Industrial production fell by 4.7% in April
According to Statistics Estonia, in April 2024, the total production of industrial enterprises fell by 4.7% compared with April last year. Among the three main sectors, output increased by 3.6% in mining and by 10.1% in electricity production but decreased by 5.7% in manufacturing.

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