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Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Number of tourists in accommodation establishments did not increase significantly in September

Kuupäev 08.11.2024
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  3. Number of tourists in accommodation establishments did not increase significantly in September
Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 6% lower than in September 2019. The number of foreign tourists in accommodation establishments was down by 20%, whereas the number of domestic tourists was 19% higher than in September of the record year before the crisis. “153,000 foreign and 125,000 domestic tourists were accommodated in Estonia in September 2024. The number of domestic tourists fell for the third month in a row,” Laurmaa added. Nearly 46,000 tourists arrived from Finland, representing 30% of all accommodated

Volume of industrial production up by 0.9% in May

Kuupäev 04.07.2025
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  3. Volume of industrial production up by 0.9% in May
Helle Bunder, leading analyst at Statistics Estonia, said that, in April, the volume of industrial production increased in most major manufacturing activities, while in May output rose in just a few of the main industries. “Looking at the larger industries, output increased marginally, by less than one percent, in the manufacture of wood (0.6%) and food products (0.3%). Among the major activities, output decreased in the manufacture of fabricated metal products (5.4%), electrical equipment (3.9%) and computers and electronic products (12.6%),” noted Bunder. In May this year, 65.5% of the total

Industrial production volumes up by 2.9% in June

Kuupäev 05.08.2025
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  3. Industrial production volumes up by 2.9% in June
Helle Bunder, leading analyst at Statistics Estonia, said that, in June, the volume of industrial production increased in more than half of the manufacturing activities, including most of the major activities. “Looking at the larger industries, there was an increase in output in the manufacture of wood (4.0%), fabricated metal products (10.2%), computers and electronic products (8.0%), and electrical equipment (3.2%). Among the major industries, output decreased in the manufacture of food products (5.1%) and rubber and plastic products (4.7%),” the analyst noted. In June 2025, 64.8% of the

In August, industrial production grew by 1%

Kuupäev 06.10.2025
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  3. In August, industrial production grew by 1%
Helle Bunder, leading analyst at Statistics Estonia, said that production volumes in manufacturing have shown a year-on-year increase each month this year. “There is an upward trend, but the growth has remained slow so far. On a positive note, output in the electronics industry has grown for three months in a row, and in August there was also an increase in the output of the manufacture of wood, which holds the biggest share among economic activities,” noted Bunder. In August, the volume of industrial production was up in two thirds of the manufacturing activities. Looking at the larger

Exports of services up by 8% in the third quarter

Kuupäev 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

Over half a million tourists stayed in accommodation establishments in July

Kuupäev 10.09.2025
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  3. Over half a million tourists stayed in accommodation establishments in July
278,000 foreign and approximately 224,000 domestic tourists were accommodated in Estonia in July. “As in July last year, we had more foreign tourists (55%) than domestic tourists (45%) accommodated in this year’s July,” said Helga Laurmaa, leading analyst at Statistics Estonia. In 2025, the number of foreign tourists staying in our accommodation establishments has increased in almost every month. “Compared with July last year, the number of foreign tourists was up by 2%, but it was still 15% lower than in July 2019, before the pandemic,” she noted. There were 5% fewer domestic tourists in

COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism

Kuupäev 13.09.2024
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  3. COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism
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.

There were more foreign tourists accommodated in August (corrected on 11.10.2024)

Kuupäev 09.10.2024
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  3. There were more foreign tourists accommodated in August (corrected on 11.10.2024)
The corrections are marked in red, and we have also updated the map. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 7% lower than in August 2019. “In August this year, 232,000 foreign and 224,000 domestic tourists were accommodated in Estonia. There were 14% more foreign tourists and 1% fewer domestic tourists than in August last year,” added Laurmaa. Nearly 69,000 tourists arrived from Finland, representing 30% of all accommodated foreign tourists. Accommodation establishments served 27,000 tourists from Latvia (12%), 22,000

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