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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

“In the third quarter of this year, the percentage change in wages and salaries remained at the same level as in the previous quarter. However, in the third quarter of 2024, wage growth was 8.1%, which means that the year-on-year growth in wages and salaries slowed down,” said Sigrid Saagpakk, analyst at Statistics Estonia. She added that, in the second quarter, employees usually receive more bonuses (such as holiday pay), which is why the average wages and salaries in the third quarter are typically lower than in the second quarter. In the third quarter, the average monthly gross wages and

According to Statistics Estonia, in 2022, the labour force participation rate was 73.3%, the employment rate was 69.2%, and the unemployment rate was 5.6%. There were 677,400 employed persons, which is the highest number of recent years.

Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia, said that these monthly surveys provide fast and regular assessments of the economic situation and expected developments and also collect information about economic and consumer confidence. “These surveys give an overview of current economic tendencies – often before other official statistics indicators are published. The surveys also allow easy comparisons of the economic situation across European Union countries,” explained Raasik. The business and consumer surveys used to be carried out by the

According to Statistics Estonia, in the first quarter of 2024, the unemployment rate was 7.8%, the employment rate was 68.4%, and the labour force participation rate was 74.2%.

Sigrid Saagpakk, analyst at Statistics Estonia, said that, in the first quarter of 2025, the average monthly gross wages and salaries were the highest in Tallinn (2,384 euros) and in Harju (2,263 euros) and Tartu (2,023 euros) counties. “Compared with the first quarter of last year, the biggest increase in wages was seen in Tartu (7.2%) and Ida-Viru (6.9%) counties. The rise in average monthly wages was the slowest in Harju county, excluding Tallinn – 4.8%,” noted Saagpakk. The average monthly gross wages and salaries in the first quarter of 2025 were 475 euros higher than in the first quarter

As of 15 May 2024, annual and quarterly data about the labour market are published in separate tables. The changes will primarily affect users accessing these data with a machine-to-machine interface.