Labour Costs in Estonia decreased to 118.29 Index Points in the third quarter of 2019 from 126.05 Index Points in the second quarter of 2019. Labour Costs in Estonia averaged 69.53 Index Points from 1993 until 2019, reaching an all time high of 126.05 Index Points in the second quarter of 2019 and a record low of 29.81 Index Points in the first quarter of 1993.
Labour Costs in Estonia is expected to be 122.36 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Estonia to stand at 123.26 in 12 months time. In the long-term, the Estonia Labour Costs is projected to trend around 136.22 points in 2020, according to our econometric models.