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Märt Umbleja, leading analyst at Statistics Estonia, pointed out that the last time the dwelling price index fell compared with the previous quarter was in the third quarter of 2023. “Compared with the second quarter of 2024, the prices of apartments decreased by 1% in areas bordering Tallinn and in Tartu and Pärnu cities, and by 7.7% in the rest of Estonia. In Tallinn, apartment prices continued to rise, increasing by 0.9% from the previous quarter,” Umbleja noted. Compared with the third quarter of 2023, apartment prices went up by 5.8% and the prices of houses by 8.1%. The monetary volume

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

Sigrid Saagpakk, analyst at Statistics Estonia, said that a smart TV is the most common Internet of Things device in Estonia, used by 57% of internet users. “The second most popular group of devices includes smart watches, wireless headsets and GPS devices, which are used by over a half (53%) of the respondents. Internet-connected home audio systems and smart speakers are also fairly common (28%),” added Saagpakk. Smart fridges and robot vacuums Internet-connected home appliances and voice-activated virtual assistants, such as Alexa or Siri, are gaining popularity – their use has grown by 35%

The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction

Minister of Education and Research Kristina Kallas stated that the survey results suggest we are moving in the right direction with our education reforms. “People with lower education levels tend to have weaker skills and lower life satisfaction. Extending compulsory education, as we recently initiated, is clearly the right direction in light of these results. The survey also shows that Russian-speaking residents face challenges in the labor market due to lower skills, often caused by insufficient proficiency in Estonian. Transitioning to Estonian-language education is crucial, and we need to

According to Statistics Estonia, in 2023, the average expenditure of Estonian residents on overnight outbound trips was greater than in the period before the COVID-19 pandemic. The average spending on outbound trips has increased by 43% in the years 2018–2023. The number of tourists accommodated in Estonia has not yet reached the pre-pandemic level, but the share of domestic tourists has increased significantly compared with 2018.

Johanna Linda Pihlak, analyst at Statistics Estonia, said that while turnover volume fell by 4% in September year on year, the decline was slightly slower in October. “The fall in the volume of retail trade turnover in October was mainly due to grocery stores, as their turnover volume decreased by 4% year on year. However, the turnover volume of stores selling manufactured goods, which had been in decline for over two years, started to rise again in October and was up by 3% year on year,” noted Pihlak. Among stores selling manufactured goods, the biggest increase at 18% was registered in the

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that food prices are the main driver of overall inflation, as food products have the biggest weight in the consumer price index. “The prices of food products decreased in September and October but started to increase again in November,” added Veski. Compared with October, food products were 1% more expensive in November. The biggest impact came from the rise in the prices of vegetables (1.9%), cheese (3.3%), fresh or frozen fish (7.7%) and bread and bakery products (2.7%). Decreases in the prices of fresh fruits

Helga Laurmaa, leading analyst at Statistics Estonia, said that nearly 1.86 million foreign tourists and nearly 1.76 million domestic tourists were accommodated in Estonia in 2024. “Compared with 2023, there were 11% more foreign tourists, while the number of domestic tourists remained at the same level. If we compare last year’s figures to 2019, which was the pre-pandemic record year, the number of accommodated domestic tourists has increased by over 200,000 but, at the same time, the number of foreign tourists has decreased by almost 400,000,” noted Laurmaa. Tourist arrivals from Finland

Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 5% lower than in October of 2019, the pre-pandemic record year. Compared with October 2019, there were 30,000 fewer foreign tourists accommodated in Estonia, while the number of domestic tourists was higher by 16,000 in October this year. 143,000 foreign and 132,000 domestic tourists were accommodated in Estonia in October 2024. “The number of domestic tourists, which in 2024 has been in decline for most months year on year, took an upturn in October,” noted Laurmaa. Nearly 58,000