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The volume of industrial production grew by 6.4% last year

Date 02.02.2022
Article
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  2. The volume of industrial production grew by 6.4% last year
According to Statistics Estonia, the total production of industrial enterprises in 2021 was 6.4% bigger than the year before. Of the three main industrial sectors, production increased by 19.2% in energy production and by 6.4% in manufacturing but decreased by 15.7% in mining.

Increased imports led to a higher trade deficit in February

Date 11.04.2022
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  2. Increased imports led to a higher trade deficit in February
According to Statistics Estonia, in February 2022, Estonia’s exports of goods increased by 18% and imports by 35% compared to February 2021. The rise in imports was significantly influenced by the greater imports of electricity and mineral fuels.

In June, producer price index increased by 1.7%

Date 20.07.2020
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  3. In June, producer price index increased by 1.7%
According to Statistics Estonia, in June, the producer price index of industrial output increased by 1.7% compared to May 2020 and decreased by 2.3% compared to June 2019.

Prices of industrial goods up for the third month

Date 26.02.2021
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  2. Prices of industrial goods up for the third month
In January 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 exports, increased by 0.8% compared to December 2020 and by 2.3% compared to January 2020.

Industrial production continued to fall in October

Date 01.12.2022
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  3. Industrial production continued to fall in October
According to Statistics Estonia, in October, the total production of industrial enterprises decreased by 5.8% at constant prices compared with October 2021. Output fell in all three sectors – by 4.4% in electricity production, by 6.1% in manufacturing, and by 0.4% in mining.

Industrial production down in July

Date 02.09.2022
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  2. Industrial production down in July
According to Statistics Estonia, in July, the total production of industrial enterprises decreased 6.4% at constant prices compared with July 2021. Output rose in one of the three sectors – up 5.2% in electricity production – but fell 6.4% in manufacturing and 17.5% in mining.

Recession slowed down in the second quarter. Photo: Shutterstock

Date 31.08.2023
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  3. Recession slowed down in the second quarter. Photo: Shutterstock
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

Retail trade volume up by 7% in March

Date 29.04.2026
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  3. Retail trade volume up by 7% in March
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the turnover volume of enterprises engaged in the retail sale of automotive fuel grew by 15% year on year, despite the sharp increase in fuel prices. “One of the reasons was the uncertainty felt by consumers – fearing future price hikes, people started to stock up on fuel,” noted Pihlak. Compared with March 2025, the turnover volume of stores selling manufactured goods increased by 10%. At the same time, the turnover volume of grocery stores continued to decline in March and was down by 2% year on year. “The turnover volume of

Industrial enterprises are recovering from the crisis

Date 08.07.2021
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  2. Industrial enterprises are recovering from the crisis
​Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of three industrial activities: mining, energy production and manufacturing. Helle Bunder, analyst at Statistics Estonia, noted that May was the month last year when manufacturing volumes decreased the most due to the coronavirus pandemic. “In connection with the low reference base, manufacturing production has increased by 18.5% year on year,” said Bunder. Production increased in all manufacturing activities. Among the activities with

COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism

Date 13.09.2024
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  3. COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism
According to Statistics Estonia, in 2023, the average expenditure of Estonian residents on overnight outbound trips was greater than in the period before the COVID-19 pandemic. The average spending on outbound trips has increased by 43% in the years 2018–2023. The number of tourists accommodated in Estonia has not yet reached the pre-pandemic level, but the share of domestic tourists has increased significantly compared with 2018.

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