Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Finland
LFWA64TTFIQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,464,901.00
Year-over-Year Change
1.86%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total working-age population in Finland, specifically individuals aged 15 to 64 years. It provides important insights into the size and composition of the labor force, which is crucial for economic planning and policy decisions.
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 working-age population trend represents the total number of individuals within the 15 to 64 age range in Finland. This metric is widely used by economists, policymakers, and labor market analysts to assess the available human capital and potential workforce in the country.
Methodology
The data is collected through national household surveys and census information by the relevant statistical agencies.
Historical Context
This trend is often used to inform workforce development policies, labor force participation rates, and demographic analysis.
Key Facts
- Finland's working-age population totaled 3.5 million in 2022.
- The working-age population accounts for 64% of Finland's total population.
- Finland's working-age population has declined by 0.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 15 to 64 years old in Finland, which represents the working-age population.
Q: Why is this trend relevant for users or analysts?
A: The working-age population trend is crucial for understanding the size and composition of the labor force, which informs economic planning, workforce development policies, and demographic analysis.
Q: How is this data collected or calculated?
A: The data is collected through national household surveys and census information by the relevant statistical agencies in Finland.
Q: How is this trend used in economic policy?
A: This trend is used to inform workforce development policies, labor force participation rates, and demographic analysis, which are essential for economic planning and decision-making.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, and there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Finland (LFWA64TTFIQ647S), retrieved from FRED.