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According to Statistics Estonia, in July, the total production of industrial enterprises decreased 6.4% at constant prices compared with July 2021. Output rose in one of the three sectors – up 5.2% in electricity production – but fell 6.4% in manufacturing and 17.5% in mining.

According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.

According to the preliminary data of Statistics Estonia, in the fourth quarter of 2021, the gross domestic product (GDP), which shows how the Estonian economy is doing, grew by 8.6% compared to the same period of 2020. The GDP at current prices was 8.7 billion euros.

Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.