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Helga Laurmaa, leading analyst at Statistics Estonia, said that 119,000 foreign and 128,000 domestic tourists were accommodated in Estonia in November 2024. The number of domestic tourists, which was in decline for most months in 2024 year on year, took an upturn in October 2024 and continued this trend in November. Still, the number of tourists remained 6% smaller than in November of 2019, the pre-pandemic record year. “Compared with November 2019, there were 12,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 27,000 in November 2024,” added Laurmaa

Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing production, which had increased for three months, started to decrease in February. “This was influenced by the decline in production volume in the manufacture of food products and electrical equipment, down by 5.3% and 9.5%, respectively. The lower output in the manufacture of food products is related to the fall in retail trade volume and demand as well as the rise in food prices. The decrease in the manufacture of electrical equipment was mainly due to the high reference base, as the volume of production was high in

Johanna Linda Pihlak , analyst at Statistics Estonia, said that, compared with November 2024, turnover volume fell by 5% in grocery stores and by 1% in stores selling manufactured goods. “The turnover volume of enterprises engaged in the retail sale of automotive fuel continued to increase and was up by 13% year on year,” added Pihlak. Among stores selling manufactured goods, the biggest decrease at 10% was registered in the turnover volume of stores selling via mail order or the internet. “It is important to note that the turnover volume of Estonian retail trade enterprises does not include

According to Statistics Estonia, in the third quarter of 2020, the gross domestic product (GDP) decreased by 1.9% year on year. The GDP at current prices was 7 billion euros. Transportation and storage and manufacturing activities were the main contributors to the economic decline.

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with September 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils. “Rising prices in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of electronic equipment had the opposite effect on the index. Producer prices increased by 0.8% in manufacturing as a whole and decreased by 0.8% in the manufacture of food products,” Šokman noted. Compared with August 2024, the

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

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 1.0% in August 2024 compared with July and by 1.7% compared with August last year.