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The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1

Date 29.05.2026
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  3. The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1
Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

Manufacturing output down for the third month in a row

Date 04.06.2026
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  3. Manufacturing output down for the third month in a row
Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output continued to decline in April, similarly to March and February. “The main reason for this was the 8% decrease in the manufacture of food products. In this activity, there has been a year-on-year decline in output for fourth months in a row. It is likely that the conflict in the Middle East has started to affect supply chains, and inflation also continues to influence food manufacturing,” added Kadarik. In April, the volume of production increased in slightly more than half of manufacturing activities. Looking

Production volumes in manufacturing showed modest growth for the third month in a row

Date 06.05.2025
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  3. Production volumes in manufacturing showed modest growth for the third month in a row
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

Share of environmental goods and services sector in GDP up by a quarter in eight years

Date 01.11.2024
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  3. Share of environmental goods and services sector in GDP up by a quarter in eight years
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

In January, the producer price index remained at the same level year on year

Date 28.02.2025
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  3. In January, the producer price index remained at the same level year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

GDP flash estimate: economy grew by 0.5% in Q2

Date 30.07.2025
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  3. GDP flash estimate: economy grew by 0.5% in Q2
“Compared with the first quarter of 2025, the seasonally and working-day adjusted GDP was up by 0.5%,” stated Robert Müürsepp, team lead of national accounts at Statistics Estonia. According to Müürsepp, it is too early to say how the consumer price index adjustment will affect GDP calculations. “It is highly unlikely that it will have a significant impact,” he said. What is a flash estimate of GDP? Although the official GDP figure will be released on 29 August, the information currently available can be used to assess the overall economic situation. This includes trade indicators, transport

Industrial production up by 2.3% in February

Date 04.04.2025
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  3. Industrial production up by 2.3% in February
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

Volume of industrial production increased by 1.7% in 2025

Date 05.02.2026
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  3. Volume of industrial production increased by 1.7% in 2025
Egle Raidsalu, the Enterprise Statistics Service Manager at Statistics Estonia, said that 2025 was a positive year for manufacturing when compared with the year before. “The volume of production grew for eight months, then fell in September and October, and started to rise again in the final months of the year,” explained Raidsalu. In 2025, output increased in most of the 23 manufacturing activities. Looking at the larger industries, output increased in the manufacture of computers and electronic products (1.9%), fabricated metal products (3%), food products (0.2%), wood (0.4%) and electrical

Industrial production decreased by 0.5% in February

Date 06.04.2026
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  3. Industrial production decreased by 0.5% in February
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

Passenger traffic through Tallinn Airport was unchanged last year, air freight transport increased

Date 15.04.2026
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  3. Passenger traffic through Tallinn Airport was unchanged last year, air freight transport increased
Anton Kardakov, leading analyst at Statistics Estonia, said that passenger traffic through Baltic airports levelled out last year, after a steady uptrend in five previous years. “Compared with 2024, the number of passengers was virtually unchanged at Tallinn Airport and also at Riga Airport. There was an increase in air traffic only in Lithuania, as the number of passengers grew by 8.4% compared with 2024. The number of air passengers in Lithuania was 0.5% higher than in Latvia, which had previously been at the top, and reached 7.13 million last year,” noted Kardakov. Air passenger traffic is

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