Estonia's industrial production increased 1.2 percent from a year earlier in May 2019, reversing from a downwardly revised 0.3 percent fall in the previous month. Manufacturing output expanded faster (5.0 percent vs 3.6 percent in April), boosted by increases in the manufacture of food products, computers and electronic products and fabricated metal products. Meantime, both of mining production (-19.6 percent vs -16.1 percent) and electricity, steam and hot water supply (-25.2 percent vs -23.3 percent) continued to decline. On a monthly basis, industrial production went up 0.3 percent in May, compared to a downwardly revised 1.1 percent drop in April. Industrial Production in Estonia averaged 5.65 percent from 2001 until 2019, reaching an all time high of 36.80 percent in October of 2010 and a record low of -31.70 percent in April of 2009.

Industrial Production in Estonia is expected to be 3.00 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 2.70 in 12 months time. In the long-term, the Estonia Industrial Production is projected to trend around 2.40 percent in 2020, according to our econometric models.

Estonia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-28 06:00 AM Industrial Production YoY Feb 4.4% 4.1% 5.6%
2019-04-30 05:00 AM Industrial Production YoY Mar 2.4% 4.0% 3.8%
2019-05-31 05:00 AM Industrial Production YoY Apr -0.4% 2.3% 3.7%
2019-07-02 05:00 AM Industrial Production YoY May 1.2% -0.3% 0.5%
2019-07-31 05:00 AM Industrial Production YoY Jun 1.2% 3.6%
2019-09-02 05:00 AM Industrial Production YoY Jul
2019-10-01 05:00 AM Industrial Production YoY Aug


Estonia Business Last Previous Highest Lowest Unit
Business Confidence 104.30 101.50 117.40 69.60 Index Points [+]
Industrial Production 1.20 -0.30 36.80 -31.70 percent [+]
Industrial Production Mom 0.30 -1.10 7.80 -10.10 percent [+]
Manufacturing Production 3.50 7.50 38.90 -33.40 percent [+]
Capacity Utilization 73.50 75.20 79.40 52.20 percent [+]
Changes in Inventories 235.89 95.93 333.11 -285.40 EUR Million [+]
Car Registrations 2533.00 2951.00 3231.00 205.00 [+]
Internet Speed 11556.01 11438.06 11697.65 2923.37 KBps [+]
IP Addresses 539972.00 523132.00 542382.00 209703.00 IP [+]
Mining Production -16.10 -14.50 96.60 -49.00 percent [+]
Cement Production 32.90 33.40 94.10 11.00 Thousands of Tonnes [+]
Competitiveness Index 70.75 70.77 70.77 4.56 Points [+]
Competitiveness Rank 32.00 30.00 35.00 26.00 [+]
Corporate Profits 870725.90 726446.00 923825.90 149443.20 EUR Thousand [+]
Ease of Doing Business 16.00 12.00 24.00 11.00 [+]
Electricity Production 548.00 721.00 1375.00 548.00 Gigawatt-hour [+]
Corruption Index 73.00 71.00 73.00 55.00 Points [+]
Corruption Rank 18.00 21.00 33.00 18.00 [+]


Estonia Industrial Production

In Estonia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Estonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Industrial Production - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 -0.30 36.80 -31.70 2001 - 2019 percent Monthly
WDA




Country Last Previous
Argentina -6.90 May/19
Australia 1.20 Mar/19
Brazil 7.10 May/19
Canada 2.14 Apr/19
China 6.30 Jun/19
Euro Area -0.50 May/19
France 4.00 May/19
Germany -3.70 May/19
India 3.10 May/19
Indonesia 7.90 Mar/19
Italy -0.70 May/19
Japan -2.10 May/19
Mexico -3.35 May/19
Netherlands -0.90 May/19
Russia 3.30 Jun/19
Saudi Arabia 2.34 Sep/18
Singapore -2.40 May/19
South Africa 1.00 May/19
South Korea -0.20 May/19
Spain 1.40 May/19
Switzerland 4.30 Mar/19
Turkey -1.30 May/19
United Kingdom 0.90 May/19
United States 1.30 Jun/19


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