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According to the preliminary estimate of Statistics Estonia, in March 2025, the harmonised index of consumer prices (HICP) decreased by 0.3% compared with February and increased by 4.3% compared with March last year.

HICP flash estimate: prices up by 1.3% in February

According to the preliminary estimate of Statistics Estonia, in February 2025, the harmonised index of consumer prices (HICP) increased by 1.3% compared with January and by 5% compared with February last year.

GDP flash estimate: economy contracted by 0.1% in Q4

According to Statistics Estonia's preliminary estimate, the economy remained almost at the same level in the fourth quarter of 2024. Gross domestic product (GDP) fell by 0.1% compared with the fourth quarter of 2023.

Study: Estonian Adults Among the Best in the World in Skills, Especially in Younger Generations

The latest results from The Survey of Adult Skills PIAAC highlight that Estonian adults perform exceptionally well in key skills, with the share of highly skilled individuals increasing since the last survey. At the same time, socioeconomic gaps have widened, and the proportion of low-skilled adults has grown. Estonia ranks 6th globally in overall skills, following Finland, Japan, Sweden, Norway, and the Netherlands.

Production volumes in manufacturing showed modest growth for the third month in a row

According to Statistics Estonia, in March 2025, the total production of industrial enterprises increased by 0.5% at constant prices compared with March last year. Among the three industrial sectors, output increased by 1.2% in manufacturing but decreased by 1.7% in energy production and by 6.1% in mining.

Industrial production up by 2.3% in February

According to Statistics Estonia, in February 2025, the total production of industrial enterprises increased by 2.3% at constant prices compared with February 2024. Among the three main sectors, output increased by 1.6% in manufacturing and by 6% in energy production but decreased by 14.3% in mining.

The increase in manufacturing output in January was mainly driven by the wood industry

According to Statistics Estonia, in January 2025, the total production of industrial enterprises decreased by 2.5% at constant prices compared with January 2024. Among the three industrial sectors, output increased by 2% in manufacturing but decreased by 7.4% in mining and by 21.8% in electricity production.

In January, the producer price index remained at the same level year on year

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 0.9% in January 2025 compared with December 2024. The index remained at the same level as in January last year.

Volume of industrial production decreased by 4% in 2024

According to Statistics Estonia, in 2024, the total production of industrial enterprises decreased by 4% at constant prices compared with the year before. Among the three industrial sectors, output decreased by 4.4% in manufacturing, remained the same in electricity production and increased by 2.9% in mining.

Higher prices of wood products had the biggest impact on the producer price index in December

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 0.4% in December 2024 compared with November and by 1.1% compared with December 2023.

In November, the volume of industrial production was unchanged year on year

According to Statistics Estonia, in November 2024, the total production of industrial enterprises at constant prices was almost the same as in November 2023, falling by 0.1%. Among the three industrial sectors, output increased by 1.5% in manufacturing but decreased by 2.3% in mining and by 15.3% in electricity production.

In manufacturing, prices have risen for several months in a row

According to Statistics Estonia, 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 November 2024 compared with October and by 0.1% compared with November last year.

Manufacturing output up by 0.8% in October

According to Statistics Estonia, in October 2024, the total production of industrial enterprises at constant prices was the same as in October last year. Among the three industrial sectors, output increased by 0.8% in manufacturing but decreased by 2.8% in mining and by 7.4% in electricity production.

Output in mining up by 10.4%, industrial production down as a whole

According to Statistics Estonia, in September 2024, the total production of industrial enterprises decreased by 1.5% at constant prices compared with September last year. Among the three main sectors, output increased by 10.4% in mining and by 0.9% in electricity production but decreased by 2.1% in manufacturing.

Industrial production in August declined significantly in the manufacture of wood

According to Statistics Estonia, in August 2024, the total production of industrial enterprises decreased by 6% at constant prices compared with August 2023. Among the three industrial sectors, output increased by 1.9% in mining but decreased by 5.6% in electricity production and by 6.4% in manufacturing.

How healthy are the people of Estonia?

HICP flash estimate: prices up by 1.2% in April

GDP flash estimate: economy grew by 1.2% in Q1

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Estonia produces 71% of the meat consumed here

HICP flash estimate: prices down by 0.3% in March