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Manufacturing output up by 0.8% in October

Kuupäev 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

Number of unemployed persons down by 5,000 from first quarter

Kuupäev 15.08.2025
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  3. Number of unemployed persons down by 5,000 from first quarter
“Compared with the first quarter, labour market indicators have improved, but remain below the figures for the second quarter of 2024,” said Tea Vassiljeva, analyst at Statistics Estonia. The analyst noted that while the unemployment rate in the second quarter (7.8%) was slightly higher than in last year’s second quarter (7.6%), it was 0.8 percentage points lower than in the first quarter of 2025. “The unemployment rate for men (8.4%) was higher than that for women (7.2%). There were a total of 59,200 unemployed persons in the second quarter, which is 5,000 fewer than in the previous quarter

General government debt continued to grow in 2024, while the budget deficit decreased

Kuupäev 25.03.2025
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  3. General government debt continued to grow in 2024, while the budget deficit decreased
In Estonia, the general government sector comprises three sub-sectors: central government, local governments, and social security funds. The central government sub-sector includes state budget units, foundations, and legal entities governed by public law. The local government sub-sector includes city and rural municipality governments with their subsidiary units, and foundations. Pauline Kommer, team lead of government finance statistics at Statistics Estonia, said that both the central government and local governments ended 2024 in deficit. “The deficit was 553.9 million euros for the central

Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs

Kuupäev 28.10.2024
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  3. Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs
The theme of this year’s conference was “Charting New Frontiers of Official Statistics”. The directors of 40 statistical institutes in Europe discussed why and how national statistical institutes (NSIs) could go beyond the traditional function of producing official statistics, by providing additional data services and serving as data stewards in the national data ecosystem. The conference focused on the drivers of such changes in NSIs’ roles. Urmet Lee, Director General of Statistics Estonia, said that the rapid, occasionally chaotic evolution of the data ecosystem means that national

The numbers of unemployed and employed persons both increased last year

Kuupäev 14.02.2025
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  3. The numbers of unemployed and employed persons both increased last year
Tea Vassiljeva, analyst at Statistics Estonia, said that the average number of the unemployed in 2024 was 57,100 which is 9,400 more than in 2023. “Compared with 2023, unemployment increased in all age groups and among both men and women. The unemployment rate in 2024 was 7.6%. It was 1.2 percentage points higher than in 2023,” explained Vassiljeva. She added that female and male unemployment rates were similar – 7.5% and 7.6%, respectively. Unemployment indicators went up sharply in the first quarter of 2024. “For the rest of the year, there was gentle decline and stabilisation. The

Construction volume down by 5% in the third quarter

Kuupäev 27.11.2024
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  3. Construction volume down by 5% in the third quarter
In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

Producer price index of industrial output rose in July

Kuupäev 21.08.2024
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  3. Producer price index of industrial output rose in July
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 0.4% in July 2024 compared with June and by 0.8% compared with July last year.

Number of people living in poverty down year on year, perceived deprivation up

Kuupäev 06.11.2024
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  3. Number of people living in poverty down year on year, perceived deprivation up
Epp Remmelg, leading analyst at Statistics Estonia, said that the at-risk-of-poverty rate reflects income inequality in a country. “In 2023, close to 274,800 people lived at risk of poverty – nearly 29,000 fewer than in 2022. Their net monthly income, taking into account household composition, i.e. the equivalised disposable income, was less than €807,” said Remmelg. Income grew mainly due to increases in child benefits and pensions The analyst noted that over the years, the at-risk-of-poverty rate has been highest among the elderly living alone and lone parent households. “However, we see

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

In July, retail trade volume decreased by 2%

Kuupäev 29.08.2024
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  3. In July, retail trade volume decreased by 2%
According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.

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