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​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 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, rose by 1.3% in August compared with July 2022 and by 28.3% compared with August 2021.

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

According to the preliminary data of Statistics Estonia, in 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% at constant prices compared with 2022. Considering only the domestic market, the fall in construction volume was 7%.

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, fell by 0.4% in October 2023 compared with September and by 3.0% compared with October last year.

In March 2022, 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 3.0% compared to February 2022 and by 30.3% compared to March 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 export, fell by 0.3% in May 2023 compared with April and rose by 0.8% compared with May last year.

According to Statistics Estonia, 29 full-length films were produced in Estonia in 2022. This is four more than in 2021. The number of corporate films has also increased, with a total of 1,773 made last year.