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The decline in industrial production was slower in November

Date 05.01.2024
Article
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  2. News
  3. The decline in industrial production was slower in November
According to Statistics Estonia, in November 2023, the total production of industrial enterprises decreased by 5.8% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 10.8% in electricity production, by 5.4% in manufacturing and by 2.4% in mining.

Estonian economy grew by 5.4% in the first quarter

Date 31.05.2021
Article
  1. Home
  2. Estonian economy grew by 5.4% in the first quarter
According to Statistics Estonia, in the first quarter of 2021, the gross domestic product (GDP) grew by 5.4% year on year. The GDP at current prices was 6.9 billion euros.

In March, the producer price index increased by 4.8% year on year

Date 20.04.2021
Article
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  2. In March, the producer price index increased by 4.8% year on year
In March 2021, 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, decreased by 0.2% compared to February 2021 and increased by 4.8% compared to March 2020.

Increased imports led to a higher trade deficit in April

Date 09.06.2022
Article
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  2. Increased imports led to a higher trade deficit in April
According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.

In February, electricity had the biggest impact on the producer price index

Date 22.03.2021
Article
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  2. In February, electricity had the biggest impact on the producer price index
In February 2021, 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, increased by 1.0% compared to January and by 4.1% compared to February 2020.

In September, production decreased significantly in the electronics industry

Date 03.11.2023
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  3. In September, production decreased significantly in the electronics industry
According to Statistics Estonia, in September 2023, the total production of industrial enterprises decreased by 12.5% at constant prices compared with the corresponding month of 2022. Output fell in two sectors: by 37.6% in electricity production and by 10.9% in manufacturing. In mining, output remained almost at the same level, as the decrease was just 0.3% year on year.

Industrial production up in mining and electricity production, down in manufacturing

Date 08.04.2024
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  3. Industrial production up in mining and electricity production, down in manufacturing
According to Statistics Estonia, in February 2024, the total production of industrial enterprises decreased by 5.7% at constant prices compared with the corresponding month a year earlier. Production increased by 19.3% in mining and by 2.6% in electricity production but decreased by 7% in manufacturing.

Number of foreign tourists up by 15% in November

Date 10.01.2025
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  3. Number of foreign tourists up by 15% in November
Helga Laurmaa, leading analyst at Statistics Estonia, said that 119,000 foreign and 128,000 domestic tourists were accommodated in Estonia in November 2024. The number of domestic tourists, which was in decline for most months in 2024 year on year, took an upturn in October 2024 and continued this trend in November. Still, the number of tourists remained 6% smaller than in November of 2019, the pre-pandemic record year. “Compared with November 2019, there were 12,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 27,000 in November 2024,” added Laurmaa

Industrial production increased in a third of manufacturing activities

Date 31.07.2020
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  3. Industrial production increased in a third of manufacturing activities
According to Statistics Estonia, in June 2020, the production of industrial enterprises decreased by 6% compared to June 2019. Production decreased in manufacturing and mining, while energy production increased owing to last year’s low comparison basis.

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