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Article

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

GDP flash estimate: economy grew by 0.5% in Q2

Kuupäev 30.07.2025
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  3. GDP flash estimate: economy grew by 0.5% in Q2
“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

Average wages and salaries were 2,011 euros in the first quarter

Kuupäev 28.05.2025
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  3. Average wages and salaries were 2,011 euros in the first quarter
Sigrid Saagpakk, analyst at Statistics Estonia, said that, in the first quarter of 2025, the average monthly gross wages and salaries were the highest in Tallinn (2,384 euros) and in Harju (2,263 euros) and Tartu (2,023 euros) counties. “Compared with the first quarter of last year, the biggest increase in wages was seen in Tartu (7.2%) and Ida-Viru (6.9%) counties. The rise in average monthly wages was the slowest in Harju county, excluding Tallinn – 4.8%,” noted Saagpakk. The average monthly gross wages and salaries in the first quarter of 2025 were 475 euros higher than in the first quarter

Exports of goods up by 9% and imports by 11% in July

Kuupäev 09.09.2025
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  3. Exports of goods up by 9% and imports by 11% in July
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in July, exports of goods grew primarily due to re-exports, i.e., the re-exports of previously imported goods increased by 26%. “The re-exports of mineral products (incl. natural gas) and transport equipment rose the most,” the analyst added. Exports of goods of Estonian origin fell by 1%. Goods of Estonian origin accounted for 59% of total exports in July, and their share decreased by six percentage points year on year. The decline was mainly influenced by lower exports of mineral products, wood and articles of wood, and

There were 9,908 job vacancies in the second quarter

Kuupäev 05.09.2024
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  3. There were 9,908 job vacancies in the second quarter
The total number of vacant and occupied posts stood at a little over 609,000. 50,365 persons were hired. 76% of job vacancies were in Harju county.

Exports of services up by 7% and imports by 5% in 2024

Kuupäev 04.03.2025
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  3. Exports of services up by 7% and imports by 5% in 2024
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total

Revised data: average wages and salaries were €2126 in the second quarter

Kuupäev 01.09.2025
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  3. Revised data: average wages and salaries were €2126 in the second quarter
In the second quarter of 2025, the average monthly gross wages and salaries were the highest in Tallinn (€2,479), in Harju county (€2,365), and in Tartu county (€2,175). “Compared with the second quarter of last year, the biggest increase in wages and salaries was seen in Põlva county (7.7%) and Rapla county (7%). The smallest wage increase was registered in Ida-Viru county (3.8%),” said Sigrid Saagpakk, analyst at Statistics Estonia. In this year's second quarter, the average monthly gross wages and salaries were the highest in information and communication (€3,704), financial and insurance

The economy contracted by 1% in Q2

Kuupäev 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

In the first quarter, the economy contracted by 2.4%

Kuupäev 31.05.2024
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  3. In the first quarter, the economy contracted by 2.4%
According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

Exports of goods up by 12% in February

Kuupäev 09.04.2025
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  3. Exports of goods up by 12% in February
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, pointed out that Estonia's exports were significantly affected by the re-exports of previously imported goods which increased by 30% year on year. “The rise in re-exports was mainly due to transport equipment,” Puura added. Exports of goods of Estonian origin grew by 4% compared with February last year, accounting for 65% of total exports. The rise was mainly due to the increased exports of processed fuels and shale oil as well as measuring instruments. Electrical equipment was the top commodity exported in February

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