News Estonia Economy: Low fuel prices have boosted Estonia's economy
The sharp dip in petrol prices, from the fourth quarter of 2014 onwards, has added 0.5 percent to Estonia's GDP, compared to a scenario where prices would have remained the same, Bank of Estonia economist Kaspar Oja said.
News Estonia Economy: Estonia criticised over €261 million in idle venture funds
Estonian auditors say €261 million stood idle in state venture funds while the government borrowed money to cover day-to-day spending.
News Estonia Economy: Estonia's economy grew by 1.8% in second quarter
In the second quarter of 2026, the gross domestic product (GDP) increased by 1.8 percent compared with the same period of 2025, data from Statistics Estonia shows. The GDP at current prices amounted to €11.1 billion in the second quarter.
News Estonia Economy: From Oil Shale to Wind Power: Estonia’s High-Stakes Plan for Cheaper, Secure Electricity
Estonia’s energy transition could cut electricity prices by nearly **35% by 2040** and lift real GDP by around **2%**, if renewable expansion is combined with stronger European electricity-market integration. The gains depend on faster wind development, battery storage, grid modernization and regional interconnectors, while delays could increase costs as AI, electrification and carbon pricing raise power demand.
News Estonia Economy: Statistics Estonia adjusts down severity of Estonia's recession
During a revision, Statistics Estonia adjusted economic indicators for the past four years, revealing that the economic downturn was not as severe as previous GDP data had indicated. Robert Müürsepp, ...
News Estonia Economy: Banks say Estonia's economy strengthens as domestic demand rises, inflation eases
Estonia's economy is gaining momentum, with Swedbank and SEB reporting stronger domestic demand, easing inflation and improving export prospects in forecasts published August 25. Swedbank forecasts ...
News Estonia Economy: How digitisation spurs economic growth in Estonia
For the best experience, please enable JavaScript in your browser settings. Estonia's ambassador to Kenya Daniel Schaer. Estonia is widely recognised as one of the ...
News Estonia Economy: Tõnis Saarts: Estonia not prepared for the epochal shift
It increasingly seems that Estonia is becoming a victim of its own past success. There is too much nostalgia for the successful models of decades past and too little willingness to take risks or engage in open debate about the challenges of a new era, Tõnis Saarts finds.
News Estonia Economy: Erkki Keldo: Idealizing others' success overshadows Estonia's economic growth
The economy does not grow if we ourselves consistently pound our business environment into the mud and proclaim to the world that there is no point in investing in Estonia, writes Erkki Keldo.
News Estonia Economy: Siim Kallas, a former Estonian prime minister who led Estonia’s currency reform, dies at 77
Siim Kallas, a former Estonian prime minister and European Commission vice-president who helped give the newly independent country its own currency and economic footing, has died aged 77. His daughter ...
News Estonia Economy: Estonia’s economy returns to growth after two difficult years
In the fourth quarter of 2025, Estonia’s gross domestic product grew by 0.7% compared with the same period of 2024.
News Estonia Economy: Estonia’s economy fared better in 2025 than in the previous two years
In the fourth quarter of 2025, Estonia’s gross domestic product grew by 0.7% compared with the same period of 2024.
News Estonia Economy: In UChicago visit, Estonian president links innovation and democracy
Small in size but big in vision, Estonia has become a global model for digital democracy. On Oct. 27, President Alar Karis visited the University of Chicago to share how innovation and “leading by ...
News Estonia Economy: Estonia bets on artificial intelligence to offset demographic decline
Estonia launches a national AI programme to double work productivity within a decade, countering demographic decline and global competition.
News Estonia Economy: An Overview of the Lithuanian Economy
This was the beginning of the development of Lithuanian’s independent economy which today is the largest economy with the highest GDP per capita among the Baltic States. With an economic freedom score ...
News Estonia Economy: Shrinking smartly: How Estonia can manage its falling population
Estonia’s population, 1.33 million in 2020, has shrunk by 15 per cent since 1991, and all available projections indicate that this trend will continue.
News Estonia Economy: Estonia calls on NATO for stronger defence of its Baltic members
NATO must improve its defences of the Baltic nations, the most vulnerable part of the military alliance, Estonian Prime Minister Kaja Kallas told a news conference on Tuesday. "This includes, on land, establishing a permanent, increased forward presence. In the air, establishing a credible defence posture.
News Estonia Economy: Estonia's economy grows by 5.2 percent compared to 2019
Estonia's economy grew by 5.2 percent compared to the pre-pandemic level, data from Statistics Estonia shows. In 2021 as a whole, the economy grew by 8.3 percent. Compared to 2019, the economy grew by ...
