43
Estonia
Q4 2021
Total Labor Force (000s)
703
Employed Workers (000s) 662
Unemployed Workers (000s) 40
Unemployment Rate 5.7%
676
672
640
641
662
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
3.9%
5.0%
7.7%
7.1%
5.7%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
62% - First Vaccine Dose
(December 2021)
Covid Update
Proof of vaccine is
required for entry to
restaurants and
entertainment venues.
35%
20%
20%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Estonia Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$1,773
$1,948
$3.97
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Estonia Regional Average
Year on year wage inflation in June '21 was 7.3%.
10,542
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2019 2020 2021
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend
EUROSTAT
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
