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According to Statistics Estonia's data, Estonian power plants produced 5,686 gigawatt hours (GWh) of electricity and 4,323 GWh of heat in 2023. Compared with 2022, electricity production was down by 37% and heat production by 15%.

Riin Kadarik, leading analyst at Statistics Estonia, said that the volume of manufacturing production increased for the third month in a row. “This has mainly resulted from increased output in the manufacture of wood and fabricated metal products, which are some of the largest activities in the manufacturing sector,” added Kadarik. Looking at the major industries, output increased by 5.3% in the manufacture of wood, by 7.8% in the manufacture of fabricated metal products, by 3.5% in the manufacture of computers and electronic products and by 7.5% in the manufacture of electrical equipment

According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.

According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

The corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the rise in the consumer price index in January, both compared to December and the same month last year, was mainly due to food products, beverages, and motor vehicle tax. “On the other hand, the index was driven down by the sales on clothing in January and by international flights and holiday trips,” added Veski. Among food products, the biggest increases compared with December 2024 were registered in the prices of fish (31%), whole milk (12%) and fresh vegetables (7%)

According to Statistics Estonia, 79% of the meat consumed in Estonia in 2020 was locally produced. This is the highest percentage in the last five years. In the case of beef, the situation is favourable, but not so in the case of poultry meat.

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.