Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Estonia
LFWA64TTEEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
860,500.00
Year-over-Year Change
3.31%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures the total working-age population in Estonia, aged 15 to 64 years. It provides key insights into the size and composition of the domestic labor force, a critical indicator for economists and policymakers.
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 fundamental demographic statistic that tracks the number of individuals within the typical employment range. It is used to assess labor market dynamics, workforce availability, and economic growth potential.
Methodology
The data is collected through national labor force surveys conducted by Estonia's statistical agency.
Historical Context
Analysts and policymakers monitor this trend to understand workforce trends and inform employment, education, and social policies.
Key Facts
- Estonia's working-age population was 884,570 in 2022.
- The working-age group accounts for 67% of Estonia's total population.
- This trend has declined by 2.3% over the past decade due to aging demographics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Estonia aged 15 to 64, which represents the working-age population.
Q: Why is this trend relevant for users or analysts?
A: The working-age population is a key indicator of labor force availability and economic growth potential, making it important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Estonia's statistical agency.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to understand workforce trends and inform employment, education, and social policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, with some potential for minor delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Estonia (LFWA64TTEEQ647N), retrieved from FRED.