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Article

The economy contracted by 3% last year

Date 01.03.2024
Article
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  3. The economy contracted by 3% last year
According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

Foreign trade in goods showed signs of picking up in April

Date 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Working Life Survey

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  2. Working Life Survey
What kind of survey is it? The Working Life Survey provides an overview of work and working time organisation, occupational health, remunerations, employee development and involvement, and collective employment relations in Estonia. Both employers and employees are surveyed to get a comprehensive picture of working life and employment relations in Estonia, to assess the influencing factors, and to compare changes over time. Who commissions the survey? For the survey, the main representative of public interest is the Ministry of Social Affairs. Why are the data needed? The data from the Working

Retail trade volume up by 8% in January

Date 02.03.2026
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  3. Retail trade volume up by 8% in January
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the volume of turnover was unchanged in December year on year but started to increase in January. “The rise in retail trade volume in January was mostly due to enterprises engaged in the retail sale of automotive fuel, as their turnover volume rose by 4% compared with January 2025. The main reason for this was the fall in motor fuel prices,” explained Pihlak. “The turnover of enterprises engaged in the retail sale of automotive fuel does not only include the sale of motor fuels but reflects total sales, including income from food

Construction volume down by 4% in the second quarter

Date 28.08.2024
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  3. Construction volume down by 4% in the second quarter
According to Statistics Estonia, in the second quarter of 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 4% compared with the second quarter of 2023. On the domestic construction market, volume fell by 3%.

In May, trade increased

Date 11.07.2022
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  2. In May, trade increased
According to Statistics Estonia, in May 2022, Estonia’s exports of goods increased by 31% and imports by 33% compared to May 2021. Trade grew with most of our main trading partners.

Business Survey

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What kind of survey is it?

There are four separate Business Surveys to collect information from enterprises in four sectors: construction, industry, trade, and services. The surveys are used to monitor developments in the business activities of the relevant enterprises, and the underlying factors. The collected data help to assess economic trends at the country, European Union (EU) and euro-area level.

A confidence indicator is produced for each surveyed sector, and the overall Economic Sentiment Indicator is calculated based on these. The survey also provides early and relevant information

The turnover of retail trade enterprises increased by 12% last year

Date 28.01.2022
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  2. The turnover of retail trade enterprises increased by 12% last year
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2021 was 8.9 billion euros. Compared to 2020, turnover increased by 12% at constant prices.

Estonian Household Finance and Consumption Survey

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  2. Estonian Household Finance and Consumption Survey
What kind of survey is it? The Estonian Household Finance and Consumption Survey assesses the real and financial assets and debt levels of Estonian households, as well as their income, savings, and consumption behaviour. Who commissions the survey? The survey is conducted in cooperation with the Bank of Estonia ( Eesti Pank). The same kind of surveys are carried out in all euro area countries, organised by national central banks and coordinated by the European Central Bank. Collecting similar data across the entire euro area allows comparisons of results between countries. The results of the

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