Makrognosis

Estonia economic data

94 official economic indicators for Estonia, collected directly from its statistical agency and central bank. Each one has a chart, the latest value and a free API.

Gross domestic product, Current prices, million EUR5.6% y/yQ2 2026
GDP (Gross Domestic Product)2.2% y/yQ3 2026
Inflation Rate (CPI)4.2% y/yOct 2026
Core Inflation Rate1.4% y/yOct 2026
Unemployment Rate8.0%Sep 2026
10-Year Government Bond Yield4.3%Oct 2026
Credit Rating & Sovereign Risk Score76/1002026-11
Industrial Production6.0% y/ySep 2026
Retail Sales3.5% y/ySep 2026
Producer Price Inflation (PPI)2.7% y/ySep 2026
Current account balance, % of GDP0.3%2025
Current account balance (BPM6, vs rest of world), not seasonally adjusted−71.30 € millionAug 2026

Business Surveys

Estonia Economic Sentiment Indicator 89.70 · Apr 2026Estonia Consumer Confidence Indicator −32.50 Balance (% points) · Apr 2026Estonia Industrial Confidence Indicator −10.30 Balance (% points) · Apr 2026Estonia Services Confidence Indicator −4.90 Balance (% points) · Apr 2026

Consumption & Spending

Estonia Retail Sales 3.5% y/y · Sep 2026

External Sector

Estonia Net international investment position, % of GDP −3.3% · 2025

Government Finance

Estonia Government Debt to GDP 26.1% · Q2 2026Estonia General government gross debt, level 18.9% y/y · Q2 2026Estonia General government interest expenditure, EUR mn 59.20 € million · Q2 2026Estonia General government total revenue, EUR mn 4,696.0 € million · Q2 2026Estonia Government Budget Balance −2.0% · 2025

Housing & Construction

Estonia House Price Index 5.8% y/y · Q2 2026

Industry

Estonia Industrial Production 6.0% y/y · Sep 2026Estonia Producer Price Inflation (PPI) 2.7% y/y · Sep 2026Estonia Manufacturing production (NACE C, 2021=100), SCA 3.6% y/y · Sep 2026Estonia Industrial production, capital goods (MIG) 0.5% y/y · Sep 2026Estonia Industrial production, consumer goods (MIG) −0.4% y/y · Sep 2026Estonia Industrial production, energy (MIG, except section E) 40.2% y/y · Sep 2026Estonia Industrial production, intermediate goods (MIG) 2.7% y/y · Sep 2026

Interest Rates & Yields

Estonia 10-Year Government Bond Yield 4.3% · Oct 2026Estonia Cost of borrowing for households for house purchase (new business) 4.5% · Sep 2026Estonia Cost of borrowing for non-financial corporations (new business) 4.6% · Aug 2026Estonia Sovereign Bond Spread vs US Treasuries −89.90 bps · Sep 2026

Labour & Employment

Estonia Unemployment Rate 8.0% · Sep 2026Estonia Activity (participation) rate, age 15-64, % of population, SA 80.9% · Q2 2026Estonia Average Hourly Earnings 6.1% y/y · Q2 2026Estonia Job vacancy rate, %, SA 1.6% · Q4 2025Estonia Total employment (domestic concept), thousand persons, seasonally & calendar adjusted 0.1% y/y · Q2 2026Estonia Youth unemployment rate (under 25), % of labour force, SA 23.9% · Sep 2026

Output & Production

Estonia GDP (Gross Domestic Product) 2.2% y/y · Q3 2026Estonia Gross domestic product, Current prices, million EUR 5.6% y/y · Q2 2026Estonia Exports of goods and services, Current prices, million EUR 5.9% y/y · Q2 2026Estonia Exports of goods and services, chain-linked volume 2.8% y/y · Q2 2026Estonia Imports of goods and services, Current prices, million EUR 8.3% y/y · Q2 2026Estonia Imports of goods and services, chain-linked volume 4.3% y/y · Q2 2026Estonia Final consumption expenditure, Current prices, million EUR 5.2% y/y · Q2 2026Estonia Final consumption expenditure, chain-linked volume 1.3% y/y · Q2 2026Estonia Gross fixed capital formation, Current prices, million EUR 1.2% y/y · Q2 2026Estonia Gross fixed capital formation, chain-linked volume −6.1% y/y · Q2 2026Estonia GDP in US Dollars 8.3% y/y · Q2 2026Estonia General government final consumption, Current prices, million EUR 7.1% y/y · Q2 2026Estonia General government final consumption, chain-linked volume 1.1% y/y · Q2 2026Estonia Household and NPISH final consumption, Current prices, million EUR 4.9% y/y · Q2 2026Estonia Household and NPISH final consumption, chain-linked volume 1.3% y/y · Q2 2026

Population

Estonia Population, 1 January 1,369,995 persons · 2025

Prices & Inflation

Estonia Inflation Rate (CPI) 4.2% y/y · Oct 2026Estonia Core Inflation Rate 1.4% y/y · Oct 2026Estonia GDP implicit deflator, 2010=100, seasonally and calendar adjusted 3.7% y/y · Q2 2026Estonia National CPI inflation, y/y % as published (incl. flash/avance) 4.2% · Oct 2026Estonia National HICP (IPCA / Índice de Precios de Consumo Armonizado) 3.6% y/y · Oct 2026Estonia HICP: Alcohol, tobacco & narcotics (2025=100) 6.6% y/y · Sep 2026Estonia HICP: All-items excl. energy & seasonal food (2025=100) 1.2% y/y · Sep 2026Estonia HICP: All-items excl. energy & unprocessed food (2025=100) 1.5% y/y · Oct 2026Estonia HICP: All-items excl. energy (2025=100) 1.6% y/y · Oct 2026Estonia HICP: All-items excl. tobacco (2025=100) 3.0% y/y · Sep 2026Estonia HICP: Clothing & footwear (2025=100) −1.5% y/y · Sep 2026Estonia HICP: Education services (2025=100) −7.8% y/y · Sep 2026Estonia HICP: Energy (2025=100) 17.7% y/y · Oct 2026Estonia HICP: Food & non-alcoholic beverages (2025=100) −1.2% y/y · Sep 2026Estonia HICP: Food (2025=100) 1.8% y/y · Oct 2026Estonia HICP: Furnishings & household equipment (2025=100) −0.2% y/y · Sep 2026Estonia HICP: Health (2025=100) 2.6% y/y · Sep 2026Estonia HICP: Housing, water, electricity & fuels (2025=100) 7.3% y/y · Sep 2026Estonia HICP: Industrial goods (2025=100) 6.0% y/y · Sep 2026Estonia HICP: Information & communication (2025=100) −0.5% y/y · Sep 2026Estonia HICP: Insurance & financial services (2025=100) −4.0% y/y · Sep 2026Estonia HICP: Non-energy industrial goods (2025=100) 1.5% y/y · Oct 2026Estonia HICP: Personal care & misc. goods/services (2025=100) 3.6% y/y · Sep 2026Estonia HICP: Recreation, sport & culture (2025=100) −1.3% y/y · Sep 2026Estonia HICP: Restaurants & accommodation (2025=100) 2.2% y/y · Sep 2026Estonia HICP: Total goods (2025=100) 3.8% y/y · Sep 2026Estonia HICP: Total services (2025=100) 1.4% y/y · Oct 2026Estonia HICP: Transport (2025=100) 12.4% y/y · Sep 2026Estonia HICP: Unprocessed food (2025=100) 2.4% y/y · Oct 2026

Sovereign Credit

Estonia Credit Rating & Sovereign Risk Score 76/100 · A equivalent · 2026-11

Trade

Estonia Current account balance (BPM6, vs rest of world), not seasonally adjusted −71.30 € million · Aug 2026Estonia Current account balance, % of GDP 0.3% · 2025Estonia Trade Balance: Goods & Services −414.4 € million · Aug 2026Estonia Exports of goods, total trade (World), seasonally adjusted 3.7% y/y · Aug 2026Estonia Imports of goods, total trade (World), seasonally adjusted 7.8% y/y · Aug 2026

Regional data

14 regional and local series for Estonia →