Estonia's industrial production rose 2.4 percent from a year earlier in March 2019, easing from a downwardly revised 4.0 percent growth in the previous month. It was the weakest growth in industrial output since October last year, as mining production fell strongly (-14.7 percent vs 7.5 percent in February) and output of electricity, steam and hot water supply dropped faster (-25.2 percent vs -14.9 percent). On the other hand, manufacturing output expanded faster (7.7 percent vs 6.7 percent), boosted by increases in the manufacture of food products, computers and fabricated metal products. On a monthly basis, industrial production went up 0.6 percent in March, compared to an upwardly revised 1.6 percent drop in February. Industrial Production in Estonia averaged 5.72 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 3.80 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 3.20 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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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 06:00 AM Industrial Production YoY 5.8% 7.8% 2.5%
2019-03-05 06:00 AM Industrial Production YoY 4.7% 5.5% 5.1%
2019-03-28 06:00 AM Industrial Production YoY 4.4% 4.1% 5.6%
2019-04-30 05:00 AM Industrial Production YoY 2.4% 4.0% 3.8%
2019-05-31 05:00 AM Industrial Production YoY 2.4% 3.7%
2019-07-02 05:00 AM Industrial Production YoY
2019-07-31 05:00 AM Industrial Production YoY 3.6%


Estonia Business Last Previous Highest Lowest Unit
Business Confidence 100.90 101.70 117.40 69.60 Index Points [+]
Industrial Production 2.40 4.00 36.80 -31.70 percent [+]
Industrial Production Mom 0.60 -1.60 7.80 -10.10 percent [+]
Manufacturing Production 7.10 2.90 38.90 -33.40 percent [+]
Capacity Utilization 73.50 75.20 79.40 52.20 percent [+]
Changes in Inventories 95.93 272.05 333.11 -285.40 EUR Million [+]
Car Registrations 2335.00 1844.00 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 7.50 -1.10 96.60 -49.00 percent [+]
Cement Production 30.30 28.00 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 796.00 804.00 1375.00 554.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 4.00 36.80 -31.70 2001 - 2019 percent Monthly
WDA




Country Last Previous
Argentina -13.40 Mar/19
Australia 2.80 Dec/18
Brazil -6.10 Mar/19
Canada -0.68 Feb/19
China 5.40 Apr/19
Euro Area -0.60 Mar/19
France -0.90 Mar/19
Germany -0.90 Mar/19
India -0.10 Mar/19
Indonesia -4.00 Feb/19
Italy -1.40 Mar/19
Japan -4.30 Mar/19
Mexico -0.15 Mar/19
Netherlands -1.70 Mar/19
Russia 4.60 Apr/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 1.20 Mar/19
South Korea -2.80 Mar/19
Spain -3.10 Mar/19
Switzerland 4.30 Mar/19
Turkey -2.20 Mar/19
United Kingdom 1.30 Mar/19
United States 0.90 Apr/19


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