Industrial production in Estonia fell by 8.9 percent year-on-year in February 2021, reversing from a 0.9 percent growth in the previous month. It was the first time increase in industrial output since last November, amid the coronavirus pandemic. On a seasonally adjusted monthly basis, industrial output dropped by 2.0 percent in February, following a 1.0 percent decline in the prior month. source: Statistics Estonia
Industrial Production in Estonia averaged 4.85 percent from 2001 until 2021, reaching an all time high of 36.90 percent in October of 2010 and a record low of -32.90 percent in April of 2009. This page provides - Estonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Industrial Production in Estonia is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Estonia to stand at 5.20 in 12 months time. In the long-term, the Estonia Industrial Production is projected to trend around 5.00 percent in 2022, according to our econometric models.