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Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that several indicators point to the broad-based strengthening of the economy. “According to the GDP flash estimate, the rate of economic growth was slightly faster in the third quarter – both year on year and compared with the previous quarter,” noted Müürsepp. Compared with the second quarter of 2026, the seasonally and working-day adjusted GDP grew by 0.6% in the third quarter according to the flash estimate. What is a flash estimate of GDP? The official data on GDP for the third quarter of 2026 will be

“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

“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

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the flash estimate indicates a slight improvement in the economy compared with the fourth quarter of 2024, while the trend was unchanged compared with the third quarter of 2025. “The seasonally and working-day adjusted GDP remained at the same level as in the third quarter,” added Müürsepp. What is the flash estimate of GDP? The official data on GDP for the fourth quarter of 2025 will be published on 2 March, but it is possible to assess the overall economic trend based on the information already available

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that initial signs indicate a slight improvement in the economy compared with both a year ago and the previous quarter. “The seasonally and working-day adjusted GDP was up by 0.2% from the second quarter of 2025,” Müürsepp added. What is a flash estimate of GDP? The official data on GDP for the third quarter will be published on 1 December, but based on the information already available, it is possible to assess the overall economic trend. This is done using, for example, trade indicators, transport and manufacturing

“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

The total production value of Estonian construction enterprises in 2025 was 4 billion euros, including 2.5 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2024, the volume of building construction fell by 1% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was down by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, said that construction volume decreased for the fourth year in a row. “The trend was positive at the beginning

Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that the improvement in Estonian economy continued in the first quarter of 2025. “Compared with the first quarter of 2024, the GDP increased by 1.2%. Compared with the fourth quarter of 2024, the seasonally and working-day adjusted GDP was up by 0.1%,” explained Müürsepp. Statistics Estonia will publish GDP data for the first quarter of 2025 on 30 May . The GDP flash estimate is prepared using statistical models and it is not methodologically comparable to the official GDP time series. See the GDP flash estimate in the

Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that although the economy has shown slight growth for two consecutive quarters, the contribution of most sectors has remained insignificant. “Manufacturing was the biggest positive contributor to GDP in the third quarter, with its value added growing by 7.9%. The last time this sector performed so well was in the fourth quarter of 2021. However, it must be noted that production figures were still modest,” noted Müürsepp. In addition to manufacturing, the largest positive contributors to the economy were the energy