Business Confidence in Estonia increased to 93.40 points in December from 92.90 points in November of 2025. Business Confidence in Estonia averaged 97.64 points from 1992 until 2025, reaching an all time high of 119.80 points in September of 2006 and a record low of 56.50 points in September of 1992. source: Estonian Institute of Economic Research

Business Confidence in Estonia is expected to be 93.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Business Confidence is projected to trend around 99.00 points in 2027 and 100.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 93.40 92.90 points Dec 2025
Capacity Utilization 67.30 66.70 percent Dec 2025
Car Registrations 1205.00 1189.00 Units Dec 2025
Cement Production 14.50 23.50 Thousands of Tonnes Dec 2025
Changes in Inventories 444.40 89.60 EUR Million Sep 2025
Corporate Profits 945212.80 1329543.30 EUR Thousand Sep 2025
Corruption Index 76.00 76.00 Points Dec 2024
Corruption Rank 13.00 12.00 Dec 2024
Electricity Production 414.63 409.04 Gigawatt-hour Nov 2025
Industrial Production YoY 0.20 3.30 percent Dec 2025
Industrial Production MoM -1.80 6.00 percent Dec 2025
Manufacturing Production 0.40 4.50 percent Dec 2025
Mining Production 61.90 10.00 percent Dec 2025


Estonia Business Confidence
In Estonia, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The survey is made by phone and covers 1,810 companies in the country. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.
Actual Previous Highest Lowest Dates Unit Frequency
93.40 92.90 119.80 56.50 1992 - 2025 points Monthly