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ESTONIAN ENVIRONMENTAL REVIEW 2009

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2.3. Industry<br />

Industrial output increased constantly from 2007<br />

(figure 2.6). Internal demand and export growth can<br />

be considered to be the reason for this. The share of the<br />

processing industry in industrial output grew each year<br />

– according to Statistics Estonia it made up 87% of total<br />

industrial output in 2003, while in 2007 it was already<br />

91.2%. Even though energy production has increased in<br />

recent years, its share in industrial output has decreased<br />

from 9% in 2003 to 6% in 2007. The share of the mining<br />

sector in industrial output was 3% in 2007.<br />

The global financial and economic crisis is also reflected<br />

in the Estonian economy. In 2008, the industrial output<br />

dropped precipitously and due to lower demand, the<br />

output of industrial enterprises also fell. Industrial sectors<br />

with a greater relative significance (timber, construction<br />

materials etc) accounted for 30–40% of the decline in<br />

output, and sectors with a lower importance (such as<br />

production of paper and motor vehicles) up to 60%.<br />

600<br />

500<br />

volume index of industrial output<br />

industrial output in current prices<br />

GDP, chain index<br />

400<br />

300<br />

index 1995=100<br />

200<br />

100<br />

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007<br />

Figure 2.6. Change in industrial production and GDP in 1995–2007, as an index. Data: Statistics Estonia.<br />

Sources:<br />

• Eesti statistika aastaraamat 2008. Statistical Yearbook of Estonia<br />

(2008). / Ed. S. Linnas. Tallinn: Statistics Estonia<br />

[WWW] http://www.stat.ee/18920<br />

• Statistics database.<br />

[WWW] http://pub.stat.ee/px-web.2001/dialog/statfile2.asp<br />

(22.05.<strong>2009</strong>)<br />

23

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