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 0.1% in August 2023 compared with July and decreased by 4.4% compared with August last year.
According to Statistics Estonia, in 2023, the labour force participation rate was 73.9%, the employment rate was 69.2%, and the unemployment rate was 6.4%.
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 1.0% in July 2023 compared with June and by 3.2% compared with July last year.
According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.
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.
Data collected from registers in the 2021 census reveal that in ten years, Estonia’s population has grown, people live longer, and the number of working-age persons has fallen. Over the last decade, Estonia has seen a rise in the number of ethnic nationalities, countries of citizenship, mother tongues, and countries of birth, as well as an increase in the number of Estonians.
According to Statistics Estonia, in the third quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% at constant prices compared with the third quarter of 2022. Considering only the domestic market, the fall in construction volume was 7%.