Latest reading: Industrial production increased 4.3% in seasonally adjusted month-on-month terms in January, following a 0.6% increase in the previous...
Industrial Production in Estonia
The Estonian economy recorded an average industrial production growth rate of 2.0% in the decade to 2024. In 2024, industrial production growth was -4.0%. For more industry information, visit our dedicated page.
Estonia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Estonia from 2014 to 2025.
Source: Macrobond.
Estonia Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 13.3 | 1.8 | -9.7 | -3.4 | 1.2 |
Industrial production accelerates in December
Latest reading: Industrial production was up 2.7% in working day and seasonally adjusted year-on-year terms in December, following a 1.0% rise in the prior month. Relative to the previous month's data, the reading for mining and quarrying improved in December (+61.7% on a year-on-year basis vs +9.9% in November). In contrast, the reading for manufacturing softened in December (+0.3% vs +4.5% in November). In seasonally adjusted month-on-month terms, industrial production was down 1.7% in December, following a 6.0% rise in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Estonian industry projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Estonian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Estonian industry projections.
Want to get access to the full dataset of Estonian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Japan: Industrial production accelerates in January -
Belarus: Industrial production falls at a faster pace in February Latest reading: Industrial production was down 3.7% on a year-on-year basis in February, following a 3.4% fall in the previous... -
Taiwan: Industrial production speeds up in January Latest reading: Industrial production rose 28.5% in annual terms in January, following a 23.1% increase in the prior month. January’s... -
Italy: Industrial production contracts faster in January Latest reading: Industrial production fell 0.6% in seasonally adjusted month-on-month terms in January, following a 0.5% fall in the prior... -
South Africa: Manufacturing production recovers in January Latest reading: Manufacturing production rose 1.5% in seasonally adjusted month-on-month terms in January, following a 1.3% drop in the previous... -
Sweden: Industrial production falls in January Latest reading: Industrial production—excluding energy—fell 9.1% on a calendar and seasonally adjusted month-on-month basis in January, following a 6.9% increase... -
Turkey: Industrial production contracts in January Latest reading: Industrial production was down 2.7% on a seasonally adjusted month-on-month basis in January, following a 1.2% rise in...