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Helle Bunder, leading analyst at Statistics Estonia, said that, in February, there was an increase in total industrial production as well as in the volume of manufacturing production. “The rise in manufacturing production was mainly due to the 7.3% increase in the manufacture of food products, where output was boosted significantly by the manufacture of milk and manufacture of other food products, including sugar, sugar confectionery, prepared meals, tea and coffee, and spices,” explained Bunder. In February, the volume of industrial production increased in nearly half of manufacturing

“According to the GDP flash estimate, the economic recovery continued in the second quarter at a pace similar to the growth seen in the first quarter,” said Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia. Compared with the first quarter of 2026, the seasonally and working-day adjusted GDP grew by 0.4% according to the flash estimate. What is a flash estimate of GDP? The official data on GDP for the second quarter of 2026 will be published by Statistics Estonia on 31 August, but based on the information already available, it is possible to assess the overall

Environmental protection expenditure accounts reflect the measures and expenditures targeted at the prevention, reduction or elimination of pollution. National expenditure on environmental protection is calculated as a sum of current expenditure and capital expenditure (investments) on environmental protection activities, after deducting transfers from the rest of the world. Grete Luukas, leading analyst at Statistics Estonia, stated that nearly half of the environmental protection expenditure in 2023 was made up of expenditures on waste management (€404 million). “ A large contribution to

The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account tourists and is comparable to the international HICP. “Based on the preliminary estimate, the HICP was affected by the rising prices of food products and also by the higher prices of holiday trips and accommodation, although the latter is likely to be a temporary trend. Lower housing costs and decreased prices of clothing and footwear had the opposite effect on the index,” said Lauri Veski, team lead of consumer price

The monthly surveys allow the regular assessment of current economic tendencies and are also used for forecasting. “Among other things, the economic sentiment surveys reveal whether Estonian households are able to save money or whether they can afford to make major purchases. The business surveys show how enterprises in the construction, industry, trade and services sectors are doing, and which factors influence their performance,” explained Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia. The data collected with the business and consumer

In August, the confidence indicator was still the highest in trade (+15.7) where enterprises saw an improvement in their sales in the last three months and also expected increased sales in the next three months, along with an improved assessment of the volume of stock. At the same time, there was an increase in the share of enterprises who expected a fall in their number of employees in the next three months (-7 percentage points in July, -18.3 percentage points in August). The confidence indicator was +7.4 for the services sector and +3.6 for the industry sector. The construction sector again

According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

“According to the GDP flash estimate, there are several indications of economic improvement in the first quarter, compared with both the first and the last quarter of 2025,” said Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia. Compared with the fourth quarter of 2025, the seasonally and working-day adjusted GDP grew by 0.6% according to the flash estimate. What is a flash estimate of GDP? The official data on GDP for the first quarter of 2026 will be published by Statistics Estonia on 29 May, but based on the information already available, it is possible to assess

In June, the enterprises’ confidence indicator was the highest in trade (+20.5); it was +3.1 in the services sector and -3.8 in the industry sector. The confidence indicator was the lowest in the construction sector (-12), where insufficient demand was considered the main factor limiting construction activity. The consumer confidence indicator was -29 in June. Month on month, confidence improved among consumers as well as among enterprises in the trade, construction and services sectors. Assessments by industry sector enterprises were somewhat more pessimistic. A more detailed look at the