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Industrial enterprises are recovering from the crisis

Date 08.07.2021
Article
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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

The economy contracted by 3% last year

Date 01.03.2024
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  3. The economy contracted by 3% last year
According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

In the 2nd quarter, economy increased 2.2%

Date 11.08.2014
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  3. In the 2nd quarter, economy increased 2.2%
According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.2% in the 2nd quarter of 2014 compared to the same quarter of 2013.

1,360,745 people: Estonia’s population declined for the second year in a row

Date 21.04.2026
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  3. 1,360,745 people: Estonia’s population declined for the second year in a row
Kadri Rootalu , the Population and Education Statistics Service Manager at Statistics Estonia, said that two thirds of the population decline can be attributed to negative natural increase, and one third resulted from net migration which turned negative. “In recent years, net migration had boosted the population figure and helped to offset the negative natural increase. However, in 2025, net migration turned negative after more than ten years, as emigration from Estonia exceeded immigration by 2,802,” said Rootalu. She added that the decrease in population due to negative natural increase was

The economy grew 0.6% in the 2nd quarter

Date 11.08.2016
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  3. The economy grew 0.6% in the 2nd quarter
According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 0.6% in the 2nd quarter of 2016 compared to the 2nd quarter of the 2015.

Biggest decrease in foreign trade in 11 years

Date 09.06.2020
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  3. Biggest decrease in foreign trade in 11 years
According to Statistics Estonia, in April 2020, compared to April 2019, the exports of goods decreased by 17% and imports by 22%. The greater decrease in imports offset the balance of trade.

Industrial production growth accelerated in March

Date 03.05.2022
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  2. Industrial production growth accelerated in March
According to Statistics Estonia, in March 2022, the total production of industrial enterprises increased by 7.8% at constant prices compared to March 2021. Output increased in all three sectors: by 6.6% in manufacturing, 5.2% in mining, and 21.3% in energy production.

The producer price index of industrial output increased in October

Date 21.11.2016
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  3. The producer price index of industrial output increased in October
According to Statistics Estonia, in October 2016, the producer price index of industrial output changed by 1.6% compared to September 2016 and by 0.8% compared to October 2015.

The industrial producer price index continued to increase in November

Date 20.12.2016
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  3. The industrial producer price index continued to increase in November
According to Statistics Estonia, in November 2016, the producer price index of industrial output changed by 0.6% compared to October 2016 and by 1.5% compared to November 2015.

The growth of industrial production was still slow in May

Date 04.07.2022
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  2. The growth of industrial production was still slow in May
According to Statistics Estonia, in May 2022, the total production of industrial enterprises increased by 4.8% at constant prices compared to May 2021. Output increased in all three industrial sectors: by 2.2% in manufacturing, by 34.2% in electricity production and by 25.5% in mining.

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