Estonia's economy grows 2.4% in Q1 2025, fourth consecutive quarter of growth

Estonia's GDP grew 2.4% in the first quarter of 2025 compared to the same period last year, according to Statistics Estonia. This marks the fourth consecutive quarter of economic growth for the country.

Estonia's economy continued its recovery streak in the first quarter of 2025, with GDP expanding 2.4% year-on-year, Statistics Estonia announced. The result marks the fourth consecutive quarter of positive growth, signalling a sustained turnaround after a prolonged economic downturn.

The consecutive quarters of expansion suggest that Estonia's economy has firmly exited the recessionary period that weighed on the country in recent years. A fourth straight quarter of growth indicates increasing stability and momentum across key sectors of the Estonian economy.

Statistics Estonia's preliminary figures provide an early indicator of economic health, with more detailed breakdowns of sectoral contributions expected to follow in subsequent releases.