Productivity in Estonia increased to 120.70 points in the second quarter of 2020 from 117 points in the first quarter of 2020.

Productivity in Estonia averaged 89.64 points from 1998 until 2020, reaching an all time high of 120.70 points in the second quarter of 2020 and a record low of 50.60 points in the second quarter of 1998. This page provides - Estonia Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Productivity - values, historical data and charts - was last updated on September of 2020.

Productivity in Estonia is expected to be 121.75 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Estonia to stand at 124.32 in 12 months time. In the long-term, the Estonia Productivity is projected to trend around 126.80 points in 2021 and 128.33 points in 2022, according to our econometric models.

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Estonia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
120.70 117.00 120.70 50.60 1998 - 2020 points Quarterly
2015=100, SA

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 5.00 19.50 0.50 percent [+]
Employed Persons 643.90 670.30 839.10 551.60 Thousand [+]
Unemployed Persons 49.32 50.70 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 0.70 8.30 0.60 percent [+]
Youth Unemployment Rate 23.20 17.90 40.40 6.60 percent [+]
Labour Costs 126.48 124.23 126.48 29.81 points [+]
Job Vacancies 4.11 4.36 9.53 0.51 Thousand [+]
Wages 1433.00 1404.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1336.00 1342.00 1383.00 281.91 EUR/Month [+]
Wage Growth 4.70 6.30 21.20 -6.50 percent [+]
Minimum Wages 584.00 584.00 584.00 79.89 EUR/Month [+]
Population 1.33 1.32 1.57 1.21 Million [+]
Retirement Age Women 63.50 63.25 63.50 60.50 [+]
Retirement Age Men 63.50 63.25 63.50 63.00 [+]
Labor Force Participation Rate 70.40 71.70 72.30 61.20 percent [+]
Part Time Employment 72.50 86.00 86.00 32.40 Thousand [+]
Productivity 120.70 117.00 120.70 50.60 points [+]
Full Time Employment 534.40 545.40 599.00 476.80 Thousand [+]
Employment Change -5.10 -0.50 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]


Estonia Productivity
In Estonia, productivity refers to real labour productivity per hour worked.