Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Estonia
LRIN64TTEEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.55
Year-over-Year Change
-2.44%
Date Range
1/1/2000 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Estonia measures the percentage of the Estonian population aged 15 to 64 who are not actively employed or seeking work. This indicator provides insights into labor market participation 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 trend represents the share of the working-age population in Estonia that is considered economically inactive, meaning they are not employed and not actively looking for a job. The inactivity rate is an important metric for understanding labor force utilization and potential economic capacity.
Methodology
The data is collected through labor force surveys conducted by the Estonian authorities.
Historical Context
The inactivity rate is closely monitored by policymakers and economists to assess the health of the labor market and inform economic policies.
Key Facts
- The inactivity rate in Estonia was 29.1% in 2021.
- The inactivity rate has declined by 3 percentage points since 2015.
- Estonia has one of the lowest inactivity rates among EU countries.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Estonia measures the percentage of the working-age population in Estonia that is not employed and not actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor market participation and the potential for economic growth, which are key considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by the Estonian authorities.
Q: How is this trend used in economic policy?
A: The inactivity rate is closely monitored by policymakers and economists to assess the health of the labor market and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for minor delays in release.
Related Trends
Bank Non-Performing Loans to Gross Loans for Estonia
DDSI02EEA156NWDB
Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia
ESTLOLITONOSTSAM
International Merchandise Trade Statistics: Trade Balance: Commodities for Estonia
XTNTVA01EEA664N
Harmonized Index of Consumer Prices: Wine for Estonia
CP0212EEM086NEST
Boone Indicator in Banking Market for Estonia
DDOI05EEA156NWDB
Value of Exports to Estonia from Montana
MTESTA052SCEN
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Estonia (LRIN64TTEEQ156S), retrieved from FRED.