According to a survey, almost half of Estonian residents believe their financial situation has worsened over the past year, BelTA reports
A survey of 1,003 people was conducted by Citadele Bank. According to Estonian media, 47 per cent of respondents said their financial well-being had worsened over the past 12 months, including 22 per cent who believed it had worsened significantly.
"If housing, food, transport, or loan payments account for a significant portion of a family's budget, price increases will still be felt by the individual. The survey shows that for many Estonians, the last 12 months have been a time of adaptation, not recovery," said Edward Rebane, Chief Retail Commercial Officer and Member of the Management Board at Citadele Baltic. According to Rebane, in addition to income, it is important to consider what expenses a person can afford after covering essential outgoings.
It is noted that 77 per cent of respondents in low-income households believe their financial well-being has worsened.
According to the Estonian Institute of Economic Research, 47 per cent of families were able to save money in April, 32 per cent were making ends meet, 14 per cent were living on their savings, and 5 per cent were in debt.
It was previously reported that youth unemployment in Estonia had reached a 15-year high. As of the first quarter of 2026, Estonia recorded its lowest youth employment rate since 2011 – just 28.6 per cent.
