Estonia Industrial Production  Forecast


Estonia Industrial Production
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Industrial Production in Estonia is expected to be 6.28 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 3.50 in 12 months time. In the long-term, the Estonia Industrial Production is projected to trend around 1.80 percent in 2020, according to our econometric models.


Estonia Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 109 109 108 107 106 104
Industrial Production 2.7 6.28 6.3 6.28 3.5 1.8
Industrial Production Mom -1.4 0.46 0.47 0.47 1.5 0.7
Manufacturing Production 4 7.79 7.4 6.97 6.61 5.45
Capacity Utilization 74.8 73.9 73.74 73.18 72.81 70.18
Changes in Inventories 171 118 -41.93 106 9.12 13.19
Car Registrations 1534 1633 1609 1577 1551 1438
Internet Speed 11556 11215 11100 10981 10857 9903
IP Addresses 539972 533411 535608 538278 531451 512049
Mining Production 9.7 11.61 9.24 7.64 6.62 4.96
Cement Production 39 38.31 42.15 44.56 45.42 45.36
Competitiveness Index 4.85 4.8 4.8 4.8 4.8 4.86
Competitiveness Rank 29 28 28 28 28 33
Corporate Profits 827002 683375 747656 706016 660759 647595
Ease of Doing Business 12 14 14 15 16 20
Electricity Production 1114 1013 983 985 990 991
Corruption Index 70 69 69 69 69 67
Corruption Rank 22 25 25 25 26 29