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The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1

Date 29.05.2026
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  3. The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1
Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

In January, exports of goods were up by 4% and imports down by 2%

Date 12.03.2026
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  3. In January, exports of goods were up by 4% and imports down by 2%
Evelin Puura, the Foreign Trade Statistics Service Manager at Statistics Estonia, said that intra-EU trade increased in January, with exports up by 11% and imports by 2% year on year. “On the other hand, in trade with non-EU countries, exports of goods fell by 16% and imports by 20%. The main reason was that there were larger exports of fuels to Singapore in January last year and also a large one-off transaction with Turkey in import trade,” added Puura. Exports of precious metals grew the most in January The main commodities exported in January were electrical equipment (14% of Estonia’s

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

Publication of statistics according to EMTAK 2025

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  2. Publication of statistics according to EMTAK 2025
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

The economy grew by 0.9% in the second quarter

Date 29.08.2025
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  3. The economy grew by 0.9% in the second quarter
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that there was modest economic growth in the second quarter of 2025. The last time that the GDP grew was in the second quarter of last year. “About half of economic activities contributed positively to the GDP, with the biggest contribution coming from the energy sector where value added grew by 43%. In real estate activities, value added increased by 5.4%. The biggest negative contributors were construction, with a 9.3% decline in value added, and transportation and storage, where value added decreased by 11%,” noted

The share of innovative enterprises in Estonia is growing

Date 08.06.2026
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  3. The share of innovative enterprises in Estonia is growing
The Community Innovation Survey is conducted in European countries every two years, with the most recent survey covering the reference period 2022–2024. Innovation means the introduction of new or significantly improved products or services or the implementation of improved business processes. A product or process innovation could mean the introduction of new technical solutions, the innovative combination of existing and already used technologies, or the application of knowledge available within the enterprise. Hanno Evard, analyst at Statistics Estonia, said that innovative enterprises play

Exports and imports of goods both increased in March

Date 11.05.2026
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  3. Exports and imports of goods both increased in March
In March, the trade deficit was 234 million euros, which is 34 million euros less than in the same month last year. Jane Leppmets, foreign trade statistics analyst at Statistics Estonia, said that, in the first quarter, exports of goods increased by 4% and imports by 3% compared with the first quarter of 2025. “The increased exports in the first quarter resulted mainly from the 11% rise in re-exports, while the exports of goods of Estonian origin were unchanged year on year. Re-exports – that is, the exports of previously imported goods – were boosted the most by the increased exports of

Exports of goods of Estonian origin fell by 8% in February

Date 09.04.2026
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  3. Exports of goods of Estonian origin fell by 8% in February
The trade deficit in February was 426 million euros, which is 132 million euros more than in the same month of the previous year. Evelin Puura, the Foreign Trade Statistics Service Manager at Statistics Estonia, noted that goods of Estonian origin accounted for 61% of total exports in February this year, and their share fell by four percentage points year on year. “Exports of goods of Estonian origin fell by 8% year on year. The biggest decrease – by 62 million euros – was recorded in the exports of Estonian-origin mineral products, including oil shale fuel oil and processed fuel oils,” added

Latest business and consumer survey results published by Statistics Estonia

Date 26.05.2026
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  3. Latest business and consumer survey results published by Statistics Estonia
The business and consumer surveys reflect economic confidence in four business sectors and among consumers. A confidence indicator* is calculated for each sector based on the survey responses. These indicators are used for economic forecasting and international comparisons, among other things. The results of the May survey show that the confidence indicator was the highest in the trade sector (+14). The confidence indicator was -0.1 for the services sector and -0.9 for the industry sector. The construction sector had the lowest confidence indicator (-17.1), with insufficient demand cited as

Exports of services grew by 4% in the first quarter

Date 03.06.2026
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  3. Exports of services grew by 4% in the first quarter
In the first quarter, the balance of foreign trade in services was in surplus by 765 million euros. The surplus increased by 114 million euros compared with the first quarter of 2025. Jane Leppmets, foreign trade analyst at Statistics Estonia, said that exports of services to European Union (EU) countries were up by 7% and intra-EU imports by 5%. She added that extra-EU trade in services declined, with exports falling by 1% and imports by 9%. “The fall in extra-EU exports resulted from the decreased supply of telecommunications, computer and information services to the USA and lower exports of

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