Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Estonia
LFWA74TTEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,010,305.00
Year-over-Year Change
3.57%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic trend measures the total working-age population in Estonia, specifically individuals aged 15 to 74 years old. It provides crucial insights into the size and composition of the labor force, which is essential for economic analysis and policymaking.
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 total is a key indicator of the potential labor supply in an economy. It represents the number of individuals who are of legal working age and can participate in the labor force, either employed or actively seeking employment. This data is widely used by economists, policymakers, and labor market analysts to assess the overall labor market dynamics and potential for economic growth.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
This trend is closely monitored by policymakers and central banks to inform decisions on economic and labor market policies.
Key Facts
- Estonia's working-age population totaled 1.02 million in 2021.
- The working-age population accounts for approximately 77% of Estonia's total population.
- The working-age population in Estonia has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Estonia, specifically individuals aged 15 to 74 years old. It provides insights into the size and composition of the labor force.
Q: Why is this trend relevant for users or analysts?
A: The working-age population is a crucial indicator for economists and policymakers as it represents the potential labor supply and can inform decisions on economic and labor market policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and central banks to assess the overall labor market dynamics and potential for economic growth.
Q: Are there update delays or limitations?
A: The data is typically updated on a regular basis, with some potential for minor delays due to the survey-based collection process.
Related Trends
Number of Identified Exporters to Estonia from Colorado
COESTA475SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Estonia
ESTCPHP0100IXOBM
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Estonia
ESTCP110000IXNBQ
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Estonia
LREM64FEEEA156N
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Estonia
00XAP0EEM086NEST
Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Estonia
PIEAFD01EEM661N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Estonia (LFWA74TTEEQ647S), retrieved from FRED.