The economy of Estonia expanded 0.7% year-on-year in the final quarter of 2025, easing from a revised 1.1% increase in the previous period. Government spending slowed (3.1% vs 3.4% in Q3), while private consumption remained weak (-0.4%). Net external demand also supported growth, as exports (4.7% vs 4.8%) rose faster than imports (3.1% vs 6.2%). Meanwhile, fixed investments rebounded (6.9% vs -0.5%). On the production side, negatively contributing sectors included agriculture, forestry, and fishing; electricity, gas, steam and air conditioning supply; construction; wholesale and retail trade; and health. On a seasonally adjusted quarterly basis, GDP contracted by 0.1% in the fourth quarter, reversing from a downwardly revised 0.1% expansion in the preceding period. For the full year 2025, the economy grew 0.6%.