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In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly
Today, on 25 June, Statistics Estonia published the June results of the surveys that measure the economic confidence of enterprises and consumers.
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The number of international students decreased last year but their tax contribution increased
According to Statistics Estonia, in the academic year 2024/25, international students studying and working in Estonia contributed 16.6 million euros in taxes. In the same period, international graduates of the academic year 2023/24 contributed 7.5 million euros as labour taxes in Estonia. Throughout the analysed period (2017–2025), international students and graduates have contributed over 317 million euros in taxes in Estonia.
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The share of innovative enterprises in Estonia is growing
According to Statistics Estonia, 65% of Estonian enterprises have introduced product or process innovations. The share of innovative enterprises is the highest in financial and insurance activities and in information and communication.
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Latest business and consumer survey results published by Statistics Estonia
On 26 May, Statistics Estonia published for the first time the results of the surveys that measure consumers’ and enterprises’ economic confidence. The data are published in the statistical database.
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The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1
According to Statistics Estonia, in the first quarter of 2026, the gross domestic product (GDP) increased by 2.4% compared with the same period of 2025. The GDP at current prices was 10.2 billion euros in the first quarter.
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GDP flash estimate: the economy grew by 1.3% in Q1
According to the preliminary estimate of Statistics Estonia, in the first quarter of 2026, the gross domestic product (GDP) increased by 1.3% compared with the same period of 2025.
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Estonia’s economy fared better in 2025 than in the two preceding years
According to Statistics Estonia, in the fourth quarter of 2025, the gross domestic product (GDP) grew by 0.7% compared with the same period of 2024. GDP growth in 2025 as a whole was 0.6% year on year. The GDP at current prices amounted to 11 billion euros in the fourth quarter of last year and to 41.6 billion euros in 2025 as a whole.
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GDP flash estimate: economy grew by 1% in Q4
According to Statistics Estonia’s preliminary estimate, the gross domestic product (GDP) increased by 1% in the fourth quarter of 2025 year on year.
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The economy continued to grow slightly in Q3
According to Statistics Estonia, in the third quarter of 2025, the gross domestic product (GDP) increased by 0.9% compared with the same period of 2024. The GDP at current prices amounted to €10.5 billion in the third quarter. Economic growth continued at the same pace as in the previous quarter.
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GDP flash estimate: economy grew by 0.9% in Q3
According to Statistics Estonia's preliminary estimate, Estonia's economy grew slightly in the third quarter of 2025. Compared with the third quarter of 2024, the gross domestic product (GDP) increased by 0.9%.
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The economy grew by 0.9% in the second quarter
According to Statistics Estonia, in the second quarter of 2025, the gross domestic product (GDP) increased by 0.9% compared with the same period of 2024. The GDP at current prices amounted to 10.5 billion euros in the second quarter.
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According to revised data, economic growth is yet to be seen
According to Statistics Estonia, in the first quarter of 2025, the gross domestic product (GDP) decreased by 0.3% compared with the same period of 2024. The GDP at current prices amounted to 9.3 billion euros in the first quarter.
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GDP flash estimate: economy grew by 1.2% in Q1
According to Statistics Estonia’s preliminary estimate, in the first quarter of 2025, the gross domestic product (GDP) grew by 1.2% compared with the first quarter of last year.
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Economy grew by 1.2% in Q4 of 2024
According to Statistics Estonia, in the fourth quarter of 2024, the gross domestic product (GDP) grew by 1.2% compared with the same period of 2023. Estonia's GDP contracted by 0.3% in 2024. The GDP at current prices amounted to €10.6 billion in the final quarter of last year and to €39.5 billion in 2024 as a whole.
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GDP flash estimate: economy contracted by 0.1% in Q4
According to Statistics Estonia's preliminary estimate, the economy remained almost at the same level in the fourth quarter of 2024. Gross domestic product (GDP) fell by 0.1% compared with the fourth quarter of 2023.
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The economy contracted by 0.7% in Q3
According to Statistics Estonia, in the third quarter of 2024, the gross domestic product (GDP) decreased by 0.7% compared with the same period of 2023. The GDP at current prices amounted to €10 billion.