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Estonian economic growth and wage trends in 2026

Updated 2 times since CLSTR started tracking revisions of this situation.

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2026-08-31 17:41 UTC → 2026-09-06 17:12 UTC · added removed

Estonian economic growth and wage trends in 2026

Estonia experienced continued its economic expansion during the second quarter of 2026. Revised data indicates the economy grew by 2026, recording a 1.8% GDP growth compared to the previous year, marking five year. This marked the fifth consecutive quarters of growth. Manufacturing served as a primary driver quarter of this expansion, with value added increasing by 6.5%. The construction sector also contributed to growth, with total volume increasing by 3.8% compared to the same period last year. Within construction, domestic volume rose by 4.6%, driven largely by a 6.8% 6.5% increase in buildings—specifically renovation manufacturing value added, alongside contributions from agriculture, forestry, fishing, and reconstruction work—despite declining demand for new residential buildings. However, the volume of work performed construction. Accompanying this growth, average gross monthly wages rose by Estonian companies abroad decreased 5.5% to 6% of €2,243, while the total. Other sectors contributing median salary increased by 6.1% to €1,840. Wage growth included agriculture, forestry, was notably strong in the manufacturing and fishing, construction sectors, as well as mining the public sector due to collective agreements in healthcare, education, and waste management. Conversely, economic drags included 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 3.6% decrease in real significant 19.6% year-on-year increase. Despite these gains, certain sectors faced challenges. Real estate value added, a 3.2% decline in added decreased by 3.6%, wholesale and retail trade, trade fell by 3.2%, and a 9.6% fall in the supply of electricity, gas, steam, and air conditioning. conditioning saw a 9.6% decline in supply. While the upward trend is evident, economists suggest maintain that “low investment levels remain a long-term concern.”

Versions

  1. 2026-09-06 17:12 UTC Estonian economic growth and wage trends in 2026
  2. 2026-08-31 17:41 UTC Estonian economic growth in 2026
  3. 2026-08-31 06:22 UTC Estonian economic growth in 2026

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