Estonia: production value of motor vehicle & trailer manufacturers 2018-2021
The production value of the motor vehicles manufacturing industry in Estonia increased by 3.5 million euros (+17.5 percent) in 2021 in comparison to the previous year. While the growth in this industry is slowing down, with 23.5 million euros, the production value is at its peak in the observed period. Notably, the production value in this industry continuously increased over the last years.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the motor vehicles manufacturing industry in Estonia with key insights such as number of enterprises and turnover.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the motor vehicles manufacturing industry in Estonia with key insights such as number of enterprises and turnover.
