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Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.
Industrial production growth accelerated in March
Kuupäev 03.05.2022
Article
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.
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What kind of survey is it? The Tourism Survey provides an overview of travelling of Estonian residents: the number of domestic and outbound overnights trips, purposes and duration of trips, travel arrangements, expenses and the most popular destinations. Who commissions the survey? The survey is commissioned by the Ministry of Economic Affairs and Communications. The data are also used by Eesti Pank (the central bank of Estonia), Enterprise Estonia (EIS), and Eurostat. How often is the survey conducted? The survey is conducted monthly throughout the year.Data is published quarterly and
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For warm homes, street lighting or to drive cars we need energy, which can be obtained from renewable and non-renewable sources. Energy is an area of the national economy, research and technology, covering energy production, conversion, transfer and use. Energy statistics give an overview of the production and consumption of energy by month and year as well as information about the prices of electricity, natural gas and fuels. To produce energy statistics, Statistics Estonia collects the following data: production volumes by type of energy; energy consumption volumes of household and
Growth of industrial production came to a halt in June
Kuupäev 02.08.2022
Article
According to Statistics Estonia, in June, the total production of industrial enterprises increased by 0.4% at constant prices compared with June 2021. Output increased in two of the three sectors – by 18.4 in electricity production and by 28.9% in mining –, but fell by 2.5 in manufacturing.
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Industrial production maintained a slow growth, as production of electricity and heat decreased
Kuupäev 06.04.2022
Article
According to Statistics Estonia, in February 2022, the total production of industrial enterprises increased by 1.7% at constant prices compared to February 2021. Output increased by 4.7% in manufacturing but decreased by 11.8% in mining and by 16.6% in energy production.