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3 clusters · 13 sources · 9 days · First seen · Last updated
Estonian economic growth and wage trends in 2026
Overview
Estonia continued its economic expansion during the second quarter of 2026, recording a 1.8% GDP growth compared to the previous year. This marked the fifth consecutive quarter of growth, driven largely by a 6.5% increase in manufacturing value added, alongside contributions from agriculture, forestry, fishing, and construction.
Accompanying this growth, average gross monthly wages rose by 5.5% to €2,243, while the median salary increased by 6.1% to €1,840. Wage growth was notably strong in the manufacturing and construction sectors, as well as the public sector due to collective agreements in healthcare, education, and public administration. The information and communication sector reported the highest average gross wages at €3,837, while the electricity, gas, steam, and air conditioning supply sector saw a significant 19.6% year-on-year increase.
Despite these gains, certain sectors faced challenges. Real estate value added decreased by 3.6%, wholesale and retail trade fell by 3.2%, and the supply of electricity, gas, steam, and air conditioning saw a 9.6% decline in supply. While the upward trend is evident, economists maintain that “low investment levels remain a long-term concern.”
Entities
Statistics Estonia · Estonia · Tallinn · Eesti Pank · Robert Müürsepp
Timeline
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7 days ago
[BUSINESS] 2 sourcesEstonia wages rise 5.5% to €2,243 in second quarter of 2026Estonia's average monthly gross wage rose 5.5% to €2,243 in Q2 2026, with strong growth in manufacturing, construction, and the public sector.
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12 days ago
[BUSINESS] 9 sourcesEstonia and Latvia report economic growth in second quarterEstonia and Latvia report economic growth for the second quarter of 2026, driven by manufacturing and exports, though low investment levels in Estonia remain a concern for long-term stability.
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15 days ago
[BUSINESS] 3 sourcesEstonian construction volume grows for second consecutive quarterEstonian construction volume rose by 3.8% in Q2 2026, driven by a 4.6% increase in the domestic market, particularly in building renovations and reconstruction.
Sources
aripaev.ee · balticnews.com · ehitusuudised.ee · estonianworld.com · finantsuudised.ee · investoruklubs.lv · jauns.lv · kaubandus.ee · kinnisvarauudised.ee · kodu.ohtuleht.ee · lounaeestlane.ee · nra.lv · stat.ee
This summary has been updated 2 times: see revision history