Unemployment in Estonia

Estonia Unemployment | Economic News & Forecasts

Estonia - Unemployment

Although activity started to firm following the pandemic-induced fall in GDP in Q2, signs have emerged that the recovery is waning. Industrial production contracted more heavily in August than in July as manufacturing output, particularly of metal products and electrical equipment, shrank. Similarly, conditions on the external front remained somewhat fragile, with the decline in goods exports deepening in August on lower shipments to key trading partners Finland and Sweden. Moreover, consumers remained as pessimistic in Q3 as they were during the worst of the health crisis in Q2, likely weighing on household spending, as suggested by retail sales growth losing pace in July–August from June’s over one-year high. Meanwhile, Fitch Ratings affirmed the country’s credit rating at AA- with a stable outlook in late September, owing to its sound fiscal management and sustained current account surpluses.

Estonia - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate-     -     -     -     -     

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Estonia Unemployment Chart

Estonia Unemployment
Note: Unemployment in % of active population.
Source: Statistics Estonia.

Estonia Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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