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Flash comment: Estonia
    Economic commentary by Economic Research Department                                                                                                               June 1, 2012


  Census shows population decline by 5.5% during the last decade
   Population by age structure, thousands                                                            According to preliminary data calculations by Statistics Estonia of
                                                                                                     the census conducted in 2011, there are 1,294,236 permanent
      85+
    80-84                                                                          2011              residents in Estonia. The figure was in accordance with previous
    75-79                                                                          2000              annual estimates and thus provided no major surprises.
    70-74
    65-69                                                                                            Compared to the previous census conducted in 2000, the number
    60-64                                                                                            of permanent residents has decreased by ca 76,000 or 5.5%. Out
    55-59
    50-54
                                                                                                     of this, the negative natural increase has accounted for 32,000 and
    45-49                                                                                            registered migration for 22,000 people. The size and impact of the
    40-44                                                                                            non-registered emigration is yet to be calculated and analysed.
    35-39
    30-34                                                                                            Changes in the age structure correspond to the trends of an aging
    25-29
    20-24
                                                                                                     population – the share of young population (up to 14 year-olds) has
    15-19                                                                                            declined from 18% to 15% while that of elderly (65+) has increased
    10-14                                                                                            from 15% to 18%. However, as a positive indicator, the share of
      5-9                                                                                            working age population (15-64) has remained the same – 67%.
      0-4
            -                    30                  60                   90                   120   The largest changes in the age structure can be seen among
                                                                                                     young persons – in 2000, there was a large cohort of children born
   Natural increase and net migration                                                                during the baby boom in the late 1980s. The negative natural
     1,000                                                                                           increase seen during the last decade has decreased that cohort
         0
                                                                                                     considerably. However, the cohort of the youngest age group (0-4)
                                                                                                     is bigger due to an increase in births during the recent years.
                2000
                       2001
                              2002
                                     2003
                                            2004
                                                   2005
                                                   2006
                                                            2007
                                                                   2008
                                                                          2009
                                                                                 2010
                                                                                        2011




    -1,000
                                                                                                     The geographical structure of population shows that the number of
    -2,000                                                                                           permanent residents has increased only in the Harju county (by
                                                                                                     5.1%; consisting of neighbouring municipalities of Tallinn) and in
    -3,000
                                                                                                     the county of Tartu (by 0.5%). The largest declines, on the other
    -4,000                                                                                           hand, were seen in the southern and eastern areas of Estonia. The
    -5,000
                                                                                                     number of permanent residents in Tallinn has declined by 2%.
                                                            natural increase
    -6,000
                                                                                                     Compared to Latvia and Lithuania, the population has declined
                                                            net migration
                                                                                                     much less in Estonia during the last decade. This is affected by two
                                                                                                     main factors. First, the negative natural increase seen in all three
   Population decline in the Baltic                                                                  countries has been much smaller in Estonia (even reaching slightly
   countries, 2001 (2000 in Estonia) - 2011                                                          positive side in 2010). Second, the structure and type of emigration
      0%                                                                                             has been different – instead of emigrating permanently, many
      -2%
                   Estonia                         Latvia            Lithuania                       people working abroad in the neighbouring Nordic countries
                                                                                                     account as pendulum migration and thus remain permanent
      -4%
                                                                                                     residents in Estonia. Also, total emigration has been smaller due to
      -6%
                                                                                                     quicker structural changes in the economy during the last decade
      -8%                                                                                            which has lessened the wish to emigrate for employment reasons.
    -10%                                                                                             Statistics Estonia will start to publish more detailed census data on
    -12%                                                                                             population and housing in December and continue throughout the
    -14%                                                                                             next year.
    -16%                                                                                                                                                            Elina Allikalt
                                                                                                                                                               Senior Economist
                                                                                                                                                    elina.allikalt@swedbank.ee



Swedbank Economic Research Department                                                   Flash comment is published as a service to our customers. We believe that we have used
                                                                                        reliable sources and methods in the preparation of the analyses reported in this publication.
SE-105 34 Stockholm, Sweden
                                                                                        However, we cannot guarantee the accuracy or completeness of the report and cannot be
ek.sekr@swedbank.com
                                                                                        held responsible for any error or omission in the underlying material or its use. Readers are
www.swedbank.com
                                                                                        encouraged to base any (investment) decisions on other material as well. Neither
                                                                                        Swedbank nor its employees may be held responsible for losses or damages, direct or
Legally responsible publisher
                                                                                        indirect, owing to any errors or omissions in Flash comment.
Cecilia Hermansson, +46 8 5859 7720

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Flash comment: Estonia - June 1, 2012

  • 1. Flash comment: Estonia Economic commentary by Economic Research Department June 1, 2012 Census shows population decline by 5.5% during the last decade Population by age structure, thousands According to preliminary data calculations by Statistics Estonia of the census conducted in 2011, there are 1,294,236 permanent 85+ 80-84 2011 residents in Estonia. The figure was in accordance with previous 75-79 2000 annual estimates and thus provided no major surprises. 70-74 65-69 Compared to the previous census conducted in 2000, the number 60-64 of permanent residents has decreased by ca 76,000 or 5.5%. Out 55-59 50-54 of this, the negative natural increase has accounted for 32,000 and 45-49 registered migration for 22,000 people. The size and impact of the 40-44 non-registered emigration is yet to be calculated and analysed. 35-39 30-34 Changes in the age structure correspond to the trends of an aging 25-29 20-24 population – the share of young population (up to 14 year-olds) has 15-19 declined from 18% to 15% while that of elderly (65+) has increased 10-14 from 15% to 18%. However, as a positive indicator, the share of 5-9 working age population (15-64) has remained the same – 67%. 0-4 - 30 60 90 120 The largest changes in the age structure can be seen among young persons – in 2000, there was a large cohort of children born Natural increase and net migration during the baby boom in the late 1980s. The negative natural 1,000 increase seen during the last decade has decreased that cohort 0 considerably. However, the cohort of the youngest age group (0-4) is bigger due to an increase in births during the recent years. 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -1,000 The geographical structure of population shows that the number of -2,000 permanent residents has increased only in the Harju county (by 5.1%; consisting of neighbouring municipalities of Tallinn) and in -3,000 the county of Tartu (by 0.5%). The largest declines, on the other -4,000 hand, were seen in the southern and eastern areas of Estonia. The -5,000 number of permanent residents in Tallinn has declined by 2%. natural increase -6,000 Compared to Latvia and Lithuania, the population has declined net migration much less in Estonia during the last decade. This is affected by two main factors. First, the negative natural increase seen in all three Population decline in the Baltic countries has been much smaller in Estonia (even reaching slightly countries, 2001 (2000 in Estonia) - 2011 positive side in 2010). Second, the structure and type of emigration 0% has been different – instead of emigrating permanently, many -2% Estonia Latvia Lithuania people working abroad in the neighbouring Nordic countries account as pendulum migration and thus remain permanent -4% residents in Estonia. Also, total emigration has been smaller due to -6% quicker structural changes in the economy during the last decade -8% which has lessened the wish to emigrate for employment reasons. -10% Statistics Estonia will start to publish more detailed census data on -12% population and housing in December and continue throughout the -14% next year. -16% Elina Allikalt Senior Economist elina.allikalt@swedbank.ee Swedbank Economic Research Department Flash comment is published as a service to our customers. We believe that we have used reliable sources and methods in the preparation of the analyses reported in this publication. SE-105 34 Stockholm, Sweden However, we cannot guarantee the accuracy or completeness of the report and cannot be ek.sekr@swedbank.com held responsible for any error or omission in the underlying material or its use. Readers are www.swedbank.com encouraged to base any (investment) decisions on other material as well. Neither Swedbank nor its employees may be held responsible for losses or damages, direct or Legally responsible publisher indirect, owing to any errors or omissions in Flash comment. Cecilia Hermansson, +46 8 5859 7720