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Production volumes in manufacturing showed modest growth for the third month in a row

Kuupäev 06.05.2025
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  3. Production volumes in manufacturing showed modest growth for the third month in a row
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

EKOMAR A. Financial statistics of agricultural, forestry and fishing enterprises 2024. year

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  3. EKOMAR A. Financial statistics of agricultural, forestry and fishing enterprises 2024. year

Forest

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Estonia is one of the most forested countries in the world. Forests cover nearly half of the mainland in Estonia. The forests here stand out with an abundance of species, preserved thanks to a large proportion of naturally renewed forests and few alien tree species. Forest areas are important in the carbon cycle, binding carbon from the atmosphere in woody plants and forest soil. Wood is an increasingly important source of renewable energy, valued raw material and building material. Wood is used to make doors, windows, houses and furniture, which are sold on the domestic market and exported to

The dwelling price index up by 2.8% from the first quarter

Kuupäev 23.09.2024
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  3. The dwelling price index up by 2.8% from the first quarter
According to Statistics Estonia, in the second quarter of 2024, the dwelling price index increased by 6.7% compared with the same period in 2023 and by 2.8% compared with the first quarter of 2024.

The rise in construction prices in the first quarter was curbed by the lower cost of materials

Kuupäev 22.04.2025
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  3. The rise in construction prices in the first quarter was curbed by the lower cost of materials
Ülo Paulus, leading analyst at Statistics Estonia, said that in the first quarter of this year, compared with the same period in 2024, the construction price index was primarily influenced by the 2.9% increase in employees’ wages, which accounted for 54% of the index change. “Compared with the fourth quarter of last year, labour force was 0.6% more expensive and the cost of using building machines rose by 0.3%, while the prices of building materials were down by 0.2%,” explained Paulus. The repair and reconstruction work price index decreased by 0.5% compared with the fourth quarter of 2024

There were 9,598 job vacancies in the first quarter

Kuupäev 06.06.2024
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  3. There were 9,598 job vacancies in the first quarter
According to Statistics Estonia, in the first quarter of 2024, there were 9,598 job vacancies in the enterprises, institutions and organisations of Estonia. This is 16.3% less than in the same quarter last year. A little under 6,500 persons left their job at the initiative of the employer.

Forest resources

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Decline in construction volumes continued in the first quarter

Kuupäev 27.05.2024
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  3. Decline in construction volumes continued in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.

In the first quarter, the economy contracted by 2.4%

Kuupäev 31.05.2024
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  3. In the first quarter, the economy contracted by 2.4%
According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

The dwelling price index grew by 2% in the first quarter

Kuupäev 21.06.2024
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  3. The dwelling price index grew by 2% in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the dwelling price index increased by 2% compared with the fourth quarter of 2023 and by 7.8% compared with the first quarter of 2023.

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