Estonia Industrial Production  Forecast


Industrial Production in Estonia is expected to be 6.78 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 2.68 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 Industrial Production
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Estonia Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 107 106 106 106 106 106
Industrial Production 4.7 6.78 4.4 3.32 2.68 1.8
Industrial Production Mom -3.1 -0.05 2.1 -0.13 -0.12 0.7
Manufacturing Production 10.1 10.34 10.89 11.23 11.45 11.82
Capacity Utilization 73.9 76.36 73.88 73.13 72.84 73.07
Changes in Inventories -89.25 75.78 27.14 110 -36.81 5.26
Car Registrations 2079 2051 1929 1852 1787 1472
Cement Production 48.6 49.32 47.39 46.16 45.67 45.66
Competitiveness Index 4.78 4.76 4.76 4.79 4.8 4.83
Competitiveness Rank 30 32 32 29 29 29
Corporate Profits 632740 743658 578067 468406 601812 547473
Ease of Doing Business 12 10 10 11 13 19
Electricity Production 901 942 974 1004 1008 1003
Corruption Index 70 70 71 71 71 71
Corruption Rank 22 23 22 23 23 23
Mining Production 95.5 55.29 62.99 63.97 62.92 63.2