Study: Estonian Adults Among the Best in the World in Skills, Especially in Younger Generations
Retail trade volume down by 1% year on year
According to Statistics Estonia, in November 2024, the turnover of retail trade enterprises was €884 million. Compared with November 2023, the volume of retail trade turnover decreased by 1%.
In November, the volume of industrial production was unchanged year on year
According to Statistics Estonia, in November 2024, the total production of industrial enterprises at constant prices was almost the same as in November 2023, falling by 0.1%. Among the three industrial sectors, output increased by 1.5% in manufacturing but decreased by 2.3% in mining and by 15.3% in electricity production.
Exports of goods boosted by domestic products in November
According to Statistics Estonia, in November 2024, Estonia’s exports of goods grew by 3% from a year earlier, whereas imports remained at the same level. Exports of goods amounted to nearly €1.6 billion and imports to €1.7 billion at current prices. The trade deficit was €166 million, which is €53 million less than in November of the previous year.
Retail trade volume down by 3% last year
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2024 was €10.4 billion. Compared with 2023, the volume of retail trade turnover decreased by 3%.