A town in Estonia

Industry in Estonia

Estonia Industry

Decline in industrial output softens in June

Industrial output declined 12.7% year on year in seasonally and calendar-adjusted terms in June, which was above May’s 13.7% decrease. The softer drop was largely driven by a weaker contraction in manufacturing production. In contrast, mining and quarrying production grew less.

On a seasonally adjusted monthly basis, industrial output fell 1.7% in June (May: +1.2% mom). Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 9.8% in June, down from May’s minus 8.8%.

Estonia Industry Chart

This chart displays Industrial Production (annual variation in %) for Estonia from 2013 to 2022.

Estonia Industry Data

2018 2019 2020 2021 2022
Industrial Production (ann. var. %) 4.8 6.9 -3.0 13.3 -2.1

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