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Industrial production fell in 2022 due to weaker performance in the second half of the year

Kuupäev 06.02.2023
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  3. Industrial production fell in 2022 due to weaker performance in the second half of the year
According to Statistics Estonia, in 2022, the total production of industrial enterprises fell by 1.9% at constant prices compared with the year before. Of the three main industrial sectors, production increased by 7.3% in mining and by 5.4% in energy production but decreased by 2.7% in manufacturing.

Foreign trade declined by a fifth in August

Kuupäev 10.10.2023
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  3. Foreign trade declined by a fifth in August
According to Statistics Estonia, in August, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with the same month in 2022, exports of goods decreased by 22% and imports by 19% at current prices. The trade deficit in in August was 293 million euros, which is 7 million euros less than a year earlier.

The consumer price index rose by 2.9% in May

Kuupäev 07.06.2024
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  3. The consumer price index rose by 2.9% in May
According to Statistics Estonia, in May, the consumer price index increased by 0.1% compared with April and by 2.9% compared with May 2023. Goods were 2.6% and services 3.3% more expensive than in May last year.

Mineral fuels impacted the decline in exports in January

Kuupäev 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

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

In August, the industrial producer price index was affected the most by the rising price of electricity

Kuupäev 20.09.2022
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  2. In August, the industrial producer price index was affected the most by the rising price of electricity
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 1.3% in August compared with July 2022 and by 28.3% compared with August 2021.

Volume of industrial production down by 8.6% in January (Corrected on 08.03.24)

Kuupäev 08.03.2024
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  3. Volume of industrial production down by 8.6% in January (Corrected on 08.03.24)
According to Statistics Estonia, in January 2024, the total production of industrial enterprises decreased by 8.6% at constant prices compared with January 2023. Among the three main sectors, output fell by 11.9% in manufacturing and remained almost the same in mining, falling by just 0.6%. In energy production, output increased by 15%.

Trade in goods with EU countries decreased the most in March

Kuupäev 10.05.2024
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  3. Trade in goods with EU countries decreased the most in March
According to Statistics Estonia, in March 2024, exports of goods decreased by 16% and imports by 15% compared with March 2023. Exports of goods amounted to about 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 216 million euros, which is 14 million euros less than in March last year.

The gender pay gap is the largest in financial and insurance activities

Kuupäev 24.04.2025
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  3. The gender pay gap is the largest in financial and insurance activities
Sigrid Saagpakk, analyst at Statistics Estonia, explained that the gender pay gap was over 20% in five economic activities: financial and insurance activities (25.5%), information and communication (24.4%), wholesale and retail trade, repair of motor vehicles and motorcycles (23.5%), human health and social work activities (20.7%), and manufacturing (20.2%). Compared with 2023, the gender pay gap in other service activities changed the most, from −18.4% in 2023 to 14.8% in 2024. Last year, the gender pay gap was negative only in one activity – transportation and storage (−7.1%). “It means that

In the fourth quarter, the economy contracted by 1.2%

Kuupäev 01.03.2021
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  2. In the fourth quarter, the economy contracted by 1.2%
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

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