Estonia Manufacturing Production  Forecast


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Manufacturing Production in Estonia is expected to be 4.08 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Estonia to stand at 4.50 in 12 months time. In the long-term, the Estonia Manufacturing Production is projected to trend around 4.93 percent in 2020, according to our econometric models.


Estonia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 107 106 105 105 104 103
Industrial Production 4 4.4 3.34 3.88 4.35 1.8
Industrial Production Mom 2.3 2.1 0.49 0.42 0.44 0.7
Manufacturing Production 4.4 4.08 4.2 4.36 4.5 4.93
Capacity Utilization 74.8 73.78 73.9 73.74 73.18 70.18
Changes in Inventories -89.25 25.22 102 -22.57 46.41 18.04
Car Registrations 2150 2029 1944 1867 1802 1499
Internet Speed 11556 11327 11215 11100 10981 9903
IP Addresses 539972 544089 533411 535608 538278 512049
Mining Production 30 17.89 14.41 11.38 9.12 5.21
Cement Production 54.6 51.25 47.75 46.12 45.68 45.87
Competitiveness Index 4.85 4.8 4.8 4.8 4.8 4.86
Competitiveness Rank 29 28 28 28 28 33
Corporate Profits 632740 613772 603695 654153 649038 618492
Ease of Doing Business 12 13 14 15 16 20
Electricity Production 952 975 989 989 987 987
Corruption Index 70 69 69 69 69 67
Corruption Rank 22 26 26 27 28 29