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What influences youth towards entrepreneurship?

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  2. What influences youth towards entrepreneurship?
Today's young entrepreneurs may well shape our future economic prosperity. But who are Estonia's young entrepreneurs and what are the factors influencing youth towards entrepreneurship?

Volume of industrial production decreased by 4% in 2024

Date 06.02.2025
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  3. Volume of industrial production decreased by 4% in 2024
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

Which smart devices do people in Estonia use at home?

Date 02.10.2024
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  3. Which smart devices do people in Estonia use at home?
Sigrid Saagpakk, analyst at Statistics Estonia, said that a smart TV is the most common Internet of Things device in Estonia, used by 57% of internet users. “The second most popular group of devices includes smart watches, wireless headsets and GPS devices, which are used by over a half (53%) of the respondents. Internet-connected home audio systems and smart speakers are also fairly common (28%),” added Saagpakk. Smart fridges and robot vacuums Internet-connected home appliances and voice-activated virtual assistants, such as Alexa or Siri, are gaining popularity – their use has grown by 35%

Industrial production fell by 3% in May

Date 06.07.2026
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  3. Industrial production fell by 3% in May
Riin Kadarik, leading analyst at Statistics Estonia, said that the output of manufacturing was down for the fourth consecutive month. “In May, the main reason for this was again the manufacture of food products which decreased by 3.5%. The output of the food industry has shown year-on-year decrease for five months in a row, but the decline in May was smaller than in April,” added Kadarik. In May, the volume of industrial production was up in two thirds of the manufacturing activities. “The largest manufacturing activity – the manufacture of wood – did not grow in May and remained at the same

There are people of 224 different ethnic nationalities living in Estonia

Date 11.08.2026
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  3. There are people of 224 different ethnic nationalities living in Estonia
Maali Käbin, analyst at Statistics Estonia, said that information about ethnic nationality is obtained from various state registers and databases. “The main source is the population register. If this register does not specify the ethnic nationality, we rely on other national databases, such as information provided when applying for identity documents,” explained Käbin. The number of Estonians has been stable, the number of Ukrainians has increased In the period 2018–2026, the number of Estonians has been quite stable. At the same time, the number of Russians has decreased, and the number of

Industrial output down for the fifth month in a row

Date 05.08.2026
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  3. Industrial output down for the fifth month in a row
Riin Kadarik, leading analyst at Statistics Estonia, noted that manufacturing output declined for the fifth month in a row. “The manufacture of wood, the largest manufacturing activity, was down by 2%. In June, there was again a decline in the manufacture of food products, which fell by 3.3%. In food manufacturing, there has been a year-on-year decline in output for six months in a row, but in June compared with May, the decline slowed down,” said Kadarik. In June, the volume of production increased in one third of manufacturing activities but decreased in two thirds. Among the five major

Industrial production up by 2.3% in February

Date 04.04.2025
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  3. Industrial production up by 2.3% in February
Helle Bunder, leading analyst at Statistics Estonia, said that, in February, there was an increase in total industrial production as well as in the volume of manufacturing production. “The rise in manufacturing production was mainly due to the 7.3% increase in the manufacture of food products, where output was boosted significantly by the manufacture of milk and manufacture of other food products, including sugar, sugar confectionery, prepared meals, tea and coffee, and spices,” explained Bunder. In February, the volume of industrial production increased in nearly half of manufacturing

The increase in manufacturing output in January was mainly driven by the wood industry

Date 05.03.2025
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  3. The increase in manufacturing output in January was mainly driven by the wood industry
Helle Bunder, leading analyst at Statistics Estonia, said that the increased output of manufacturing resulted primarily from the higher volume of production in the manufacture of wood. “In January, the output of the wood industry was up by 8.3% year on year. This was the first time since May 2022 that the output of this industry increased,” explained Bunder. In January, 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 wood (8.3%), fabricated metal products (5.9%)

Industrial production was down by 3.1% in March

Date 06.05.2026
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  3. Industrial production was down by 3.1% in March
Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output declined in March, similarly to February. “The decline was mainly due to the 4.1% decrease in the manufacture of food products. The output of the manufacture of food products has fallen for three months now – the year-on-year decrease was 6.9% in January and 5.3% in February. The main reason behind this is the continued decline in retail trade volume and demand, coupled with inflation,” explained Kadarik. The volume of production increased in slightly more than half of manufacturing activities. Looking at the

Industrial production decreased by 0.5% in February

Date 06.04.2026
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  3. Industrial production decreased by 0.5% in February
Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing production, which had increased for three months, started to decrease in February. “This was influenced by the decline in production volume in the manufacture of food products and electrical equipment, down by 5.3% and 9.5%, respectively. The lower output in the manufacture of food products is related to the fall in retail trade volume and demand as well as the rise in food prices. The decrease in the manufacture of electrical equipment was mainly due to the high reference base, as the volume of production was high in

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