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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

Statistics Estonia uses a new methodology to calculate the consumer price index

Date 26.02.2026
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  3. Statistics Estonia uses a new methodology to calculate the consumer price index
“People’s consumption habits change, technology evolves, and more and more data become available. Statistics Estonia must keep up with these developments, and we must continuously update our methodologies,” explained Urmet Lee, the Director General of Statistics Estonia. The methodological changes introduced in January concern food products and electricity. “Good cooperation with electricity providers and retail chains now allows us to calculate the consumer price index in Estonia more accurately than ever before. It means that a quarter of the data for the consumer basket are now obtained

Industrial producer price index increased in October

Date 20.11.2018
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  3. Industrial producer price index increased in October
According to Statistics Estonia, in October 2018, the producer price index of industrial output changed by 0.3% compared to September and by 2.8% compared to October 2017.

Economic downturn accelerated again in the third quarter

Date 30.11.2023
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  3. Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

Trade grew by over 40% in August year on year

Date 11.10.2021
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  2. Trade grew by over 40% in August year on year
According to Statistics Estonia, in August, exports of goods increased by 46% and imports by 40% year on year. Trade growth was significantly influenced by the increase in the exports and imports of mineral fuels and wood and articles of wood.

The industrial producer price index continued to rise in August

Date 20.09.2018
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  3. The industrial producer price index continued to rise in August
According to Statistics Estonia, in August 2018, the producer price index of industrial output changed by 1.0% compared to July and by 3.4% compared to August 2017.

The Estonian economy grew 2.1% in 2014

Date 11.03.2015
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  3. The Estonian economy grew 2.1% in 2014
According to Statistics Estonia, the gross domestic product (GDP) of Estonia in 2014 increased 2.1% compared to 2013. In the 4th quarter of 2014, the Estonian economy grew 3.0% compared to the 4th quarter of 2013.

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

The economy contracted by 1% in Q2

Date 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

Production of renewable energy increased considerably in 2009

Date 13.09.2010
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  3. Production of renewable energy increased considerably in 2009
According to Statistics Estonia, the production of electricity from renewable sources increased nearly three times compared to the previous year.

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