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Article

Industrial production in August declined significantly in the manufacture of wood

Kuupäev 04.10.2024
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  3. Industrial production in August declined significantly in the manufacture of wood
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling

Output in mining up by 10.4%, industrial production down as a whole

Kuupäev 05.11.2024
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  3. Output in mining up by 10.4%, industrial production down as a whole
Helle Bunder, leading analyst at Statistics Estonia, pointed out that year-on-year growth in the output of the mining industry in September was mainly driven by peat production, while the increase in energy production was due to growth in electricity production. “In manufacturing, the volume of industrial production was down in slightly more than half of the manufacturing activities. Among the larger industries, output decreased by 11% in the manufacture of wood and by 13.5% in the manufacture of motor vehicles, trailers and semi-trailers,” Bunder added. Looking at the larger industries, the

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Retail trade volume has fallen for two years in a row

Kuupäev 30.09.2024
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  3. Retail trade volume has fallen for two years in a row
The turnover volume declined in stores selling manufactured goods and grocery stores, as well as in enterprises engaged in the retail sale of automotive fuel. Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that taking into account the data for August, the turnover volume of retail trade enterprises has been falling for 24 months in a row now. “The drop in the volume of retail trade turnover in August was mainly due to stores selling manufactured goods and grocery stores, as the turnover volume of each decreased by 4% year on year,” Pihlak added. Among stores selling

The population of Estonia in 2085 is projected to be 1.2 million

Kuupäev 13.06.2024
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  3. The population of Estonia in 2085 is projected to be 1.2 million
Today, Statistics Estonia releases the latest population projection for 2024–2085. Various key demographic indicators are published, including the population size of Estonia which is projected to be about 1.2 million in 2085. The population will decrease due to low fertility and population ageing.

GDP flash estimate: economy contracted by 2.1% in Q1

Kuupäev 30.04.2024
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  3. GDP flash estimate: economy contracted by 2.1% in Q1
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the first quarter of 2024. The GDP fell by about 2.1% compared with the first quarter of 2023.

Life expectancy in Estonia is 79.5 years

Kuupäev 28.05.2025
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  3. Life expectancy in Estonia is 79.5 years
“In 1994, the life expectancy of Estonian residents was 66.5 years, whereas by 2024 it had increased by 13 years and reached 79.5 years. In both Latvia and Lithuania, life expectancy has increased by about nine years in the same 30-year period. Life expectancy is currently 77.6 years in Lithuania and 75.6 years in Latvia,” explained Eveli Voolens, the social statistics team lead at Statistics Estonia. She added that Latvia has one of the lowest life expectancies in Europe. On the other hand, in Finland, life expectancy was already 76.7 years in 1994 and has now increased by 4.9 years to 81.6

There were 9,908 job vacancies in the second quarter

Kuupäev 05.09.2024
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  3. There were 9,908 job vacancies in the second quarter
The total number of vacant and occupied posts stood at a little over 609,000. 50,365 persons were hired. 76% of job vacancies were in Harju county.

In July, 13% more foreign tourists were accommodated than last year

Kuupäev 11.09.2024
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  3. In July, 13% more foreign tourists were accommodated than last year
According to Statistics Estonia, accommodation establishments served 507,600 tourists in July 2024, which is 5% more than in July last year. The number of foreign tourists increased, but the number of domestic tourists decreased in July.

In the third quarter, Estonian economy grew by 8.6%

Kuupäev 30.11.2021
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  2. In the third quarter, Estonian economy grew by 8.6%
According to Statistics Estonia, in the third quarter of 2021, the gross domestic product (GDP) grew by 8.6% year on year. The GDP at current prices was 7.9 billion euros.

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