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According to Statistics Estonia, there has been a considerable rise in the use of Internet of Things devices over the last four years. The use of smart TVs has risen by 30%, and the use of smart watches has increased by as much as 60%. Internet-connected home appliances and voice-activated virtual assistants are also increasingly popular among households.

Retail trade volume has fallen for two years in a row

According to Statistics Estonia, in August 2024, the turnover of retail trade enterprises was €889 million. Compared with August 2023, the volume of retail trade turnover fell by 4%.

The dwelling price index up by 2.8% from the first quarter

Increased prices of wood products had the biggest impact on the producer price index of industrial output

92.9% of Estonian households use the internet, social media is increasingly popular

COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism

According to Statistics Estonia, in 2023, the average expenditure of Estonian residents on overnight outbound trips was greater than in the period before the COVID-19 pandemic. The average spending on outbound trips has increased by 43% in the years 2018–2023. The number of tourists accommodated in Estonia has not yet reached the pre-pandemic level, but the share of domestic tourists has increased significantly compared with 2018.