Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Estonia
LFWATTTTEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,129,977.00
Year-over-Year Change
3.21%
Date Range
1/1/2000 - 1/1/2025
Summary
The Working-Age Population Total: 15 Years or over for Estonia measures the size of the adult population available for economic activity. This metric is crucial for policymakers to understand labor force dynamics and potential economic growth.
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
This economic indicator represents the total number of individuals aged 15 and above in Estonia, which is the typical working-age population. It is used to analyze labor market trends, workforce participation, and demographic shifts that can impact economic performance.
Methodology
The data is collected through national household surveys and population censuses conducted by the Estonian statistical agency.
Historical Context
Policymakers and analysts use this metric to forecast labor supply, plan social programs, and evaluate the potential for economic expansion.
Key Facts
- Estonia's working-age population was over 1 million as of the latest data.
- The working-age population accounts for over 70% of Estonia's total population.
- Estonia's working-age population has declined slightly in recent years due to aging demographics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 15 years and older in Estonia, representing the working-age population available for economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding labor force dynamics, workforce participation, and the potential for economic growth in Estonia.
Q: How is this data collected or calculated?
A: The data is collected through national household surveys and population censuses conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to forecast labor supply, plan social programs, and evaluate the potential for economic expansion in Estonia.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting due to the underlying survey collection process.
Related Trends
Production: Manufacturing: Total Manufacturing for Estonia
PRMNTO01EEQ657S
Harmonized Index of Consumer Prices: Beer for Estonia
CP0213EEM086NEST
Real Gross Domestic Product for Estonia
NGDPRSAXDCESQ
Harmonized Index of Consumer Prices: Financial Services N.e.c. for Estonia
CP1260EEM086NEST
Percentage of Foreign Banks Among Total Banks for Estonia
DDOI13EEA156NWDB
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Estonia
ESTB6FATT01NCCUQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Estonia (LFWATTTTEEQ647S), retrieved from FRED.