Estonia's unemployment rate dropped to 4.1 percent in the fourth quarter of 2019 from 4.4 percent in the corresponding period last year. The labor force participation rate decreased to 72.1 percent from 72.3 percent in the same period of 2018 and the employment rate inched higher to 69.2 percent from 69.1 percent. For 2019 full year, unemployment rate declined to 4.4 percent from 5.4 percent in 2018. Estonia Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Unemployment Rate in Estonia averaged 8.14 percent from 1989 until 2019, reaching an all time high of 19.50 percent in the first quarter of 2010 and a record low of 0.50 percent in the second quarter of 1989. This page provides - Estonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Estonia

Unemployment Rate in Estonia is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Estonia to stand at 4.50 in 12 months time. In the long-term, the Estonia Unemployment Rate is projected to trend around 5.10 percent in 2021, according to our econometric models.


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Estonia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.10 3.90 19.50 0.50 1989 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 05:00 AM Q1 4.7% 4.4% 5.80%
2019-08-14 05:00 AM Q2 5.1% 4.7% 4.1%
2019-11-14 06:00 AM Q3 3.9% 5.1% 5%
2020-02-14 06:00 AM Q4 4.1% 3.9% 4.20%
2020-05-15 05:00 AM Q1 4.1% 4.90%
2020-08-14 05:00 AM Q2 4.20%
2020-11-13 06:00 AM Q3 4.30%


News Stream
Estonian Jobless Rate Falls to 4.1% in Q4
Estonia's unemployment rate dropped to 4.1 percent in the fourth quarter of 2019 from 4.4 percent in the corresponding period last year. The labor force participation rate decreased to 72.1 percent from 72.3 percent in the same period of 2018 and the employment rate inched higher to 69.2 percent from 69.1 percent. For 2019 full year, unemployment rate declined to 4.4 percent from 5.4 percent in 2018.
2020-02-14
Estonian Jobless Rate at 27-Year Low of 3.9%
Estonia's unemployment rate fell to 3.9 percent in the third quarter of 2019 from 5.2 percent in the corresponding period last year. It was the lowest jobless rate since the second quarter of 1992, as the number of unemployed decreased by 9.1 thousand to 27.7 thousand while the number of employed rose by 1.7 thousand to 677.3 thousand. The labor force participation rate decreased to 71.9 percent from 72.0 percent in the same period of 2018 and the employment rate went up to 69.0 percent from 68.2 percent.
2019-11-14
Estonian Jobless Rate Unchanged at 5.1% in Q2
Estonia's unemployment rate stood at 5.1 percent in the second quarter of 2019, the same as in the corresponding period last year, as the number of unemployed decreased by 100 to 35.7 thousand while the number of employed rose by 11,1 thousand to 667.7 thousand. The labor force participation rate fell to 71.7 percent from 71.9 percent in the same period of 2018 and the employment rate edged down to 68.1 percent from 68.2 percent.
2019-08-14
Estonian Jobless Rate Falls to 4.7% in Q1
Estonia's unemployment rate declined to 4.7 percent in the first quarter of 2019 from 6.8 percent in the same period last year, as the number of unemployed decreased by 15,000 to 32.4 thousand while the number of employed rose by 11,300 to 661.8 thousand. The labor force participation rate fell to 70.8 percent from 71.4 percent in the same period of 2018 and the employment rate dropped to 67.5 percent from 66.6 percent.
2019-05-15

Estonia Unemployment Rate
In Estonia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.