Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Estonia
ESTPREND401IXEBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.90
Year-over-Year Change
-10.96%
Date Range
1/1/2000 - 11/1/2023
Summary
This economic trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Estonia. It provides insights into the country's energy sector and infrastructure.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Estonia series tracks the overall output and supply of essential utilities in the country. It serves as an important indicator of industrial activity, energy consumption, and infrastructure development.
Methodology
The data is collected by Estonia's national statistical agency through surveys and administrative records.
Historical Context
This trend is closely monitored by policymakers, regulators, and industry analysts to assess the state of Estonia's energy system and guide policy decisions.
Key Facts
- Estonia's energy sector accounts for over 4% of its GDP.
- Natural gas makes up about 30% of Estonia's total energy supply.
- Estonia aims to increase renewable energy sources to 50% of its total energy mix by 2030.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Estonia, providing insights into the country's energy infrastructure and industrial activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of Estonia's energy sector performance, which is crucial for assessing industrial output, energy consumption, and infrastructure development.
Q: How is this data collected or calculated?
A: The data is collected by Estonia's national statistical agency through surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, regulators, and industry analysts to assess the state of Estonia's energy system and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Estonian statistical agency, with minimal delays. However, there may be some limitations in terms of granularity or specific sub-sectors within the broader energy industry.
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Citation
U.S. Federal Reserve, Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Estonia (ESTPREND401IXEBSAM), retrieved from FRED.