Estonia Estonia

Subscribe to our free email alert service

Estonia, is a country located at Northern Europe, it has an area of 45,340 Km2 and it may be considered quite a small country.

Estonia, with a population of 1,331,796 people, it is one of the least populous country in the world and it has a moderate population density, 29 people per km2.

It's capital is Tallinn and its currency is Euros

Estonia is holding the 101 position by nominal GDP. Its national debt in 2021 was 5,534 millions of euros (6,551 millions of dollars), ( 17.6% debt-to-GDP ratio) and its public debt per capita is €4,155 euros per inhabitant$4,919 dollars per inhabitant.

The last annual rate of CPI published in Estonia was on December of 2022 and it was 17.6%.

In terms of the human development index (HDI) of Estonia, which is the index used by the United Nations to measure the progress of a country, was 0.89 points in 2021, leaving it in 31th place in the table of 191 countries published.

If the reason to visit Estonia are business, you must know it's in the 18th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Estonia, if you want to see information about other countries click here

Tallinn: Monthly Temp.
Tallinn: Monthly Rainfall
Estonia Economy
Qu. GDP Per Capita [+]2022Q36,875K
Annual GDP [+]2021€31,445M
Annual GDP [+]2021$37,216M
GDP per capita [+]2021€23,640
GDP per capita [+]2021$27,962
Quarterly GDP [+]2022Q3€9,156M
Debt (M.€.) [+]20215,534
Debt ($M) [+]20216,551
Debt (%GDP) [+]202117.60%
Debt Per Capita [+]2021€4,155
Debt Per Capita [+]2021$4,919
Deficit (M.€) [+]2021-757
Deficit ($M) [+]2021-853
Deficit (%GDP) [+]2021-2.40%
Expenditure (M.€) [+]202113,034.6
Expenditure ($M) [+]202115,363.4
Education Expenditure (M.€) [+]20181,358.6
Education Expenditure ($M) [+]20181,605.1
Education Expenditure (%Bud.) [+]201813.39%
Gov. Health Exp. (M.€) [+]20211,796.6
Gov. Health Exp.($M) [+]20212,124.9
Gov. Health Exp. (%Bud.) [+]201712.22%
Defence Expenditure (M.€) [+]2020615.2
Defence Expenditure ($M) [+]2020709.9
Defence Expenditure (%Bud.) [+]20205.00%
Expenditure (%GDP) [+]202141.50%
Expenditure Per Capita [+]2021€9,787
Expenditure Per Capita [+]2021$11,536
Education Expenditure P.C [+]2018€1,030
Education Expenditure P.C [+]2018$1,214
Gov. Health Exp. P.C. [+]2021€1,351
Gov. Health Exp. P.C. [+]2021$1,598
Defence Expenditure P.C. [+]2020€463
Defence Expenditure P.C. [+]2020$531
Moody's Rating [+]04/29/2022A1
S&P Rating [+]12/06/2022AA-
Fitch Rating [+]03/27/2020AA-
Corruption Index [+]202274
Competitiveness Ranking [+]201931º
Fragile States Index [+]201843.0
RTI Raking [+]09/28/201848º
Innovation Ranking [+]201824º
Unemployment Rate [+]December 20225.7%
Unemployment rate [+]2022Q35.6%
Unemployed [+]2022Q341K
NMW [+]2023$773.3
NMW [+]2023€725.0
Average Wage [+]2021$21,867
Average Wage [+]2021€18,489
Human Capital Ranking [+]201712º
US Dollar exchange rate [+]02/03/20230.9143
Stock ExchangeYTD % [+]12/30/20230.41%
CPI (overall index) [+]December 202217.6%
HICP [+]January 202318.8%
PPI Year on Year [+]December 202217.7%
Money Market
Key rates [+]12/21/20222.50%
Doing Business [+]202018º
IPI Year on Year [+]November 2022-12.2%
Passengers vehicles Year [+]December 202221,571
Annual Vehicles/ 1,000 p. [+]December 202220.10
Vehicles / 1,000 people [+]2020713.70
Tax Revenue (%GDP) [+]202133.6%
Standard VAT [+]07/01/200920.00%
Top tax rate + SSC [+]20215.6%
Annual arrivals [+]20193,345,323
Exports [+]2021€18,218.8M
Exports [+]2021$21,520.6M
Exports % GDP [+]202157.94%
Imports [+]2021€19,978.5M
Imports [+]2021$23,589.1M
Imports % GDP [+]202163.53%
Trade balance [+]2021€-1,759.7M
Trade balance [+]2021$-2,068.6M
Trade balance % GDP [+]2021-5.60%
Retail Sales YoY [+]December 2022-6.5%
Global AgeWatch Ranking [+]201523º
Density [+]202129
Global Peace Ranking [+]202233º
Crude divorce rate [+]20201.90‰
Remittance received ($M) [+]2017559.3
% Immigrant [+]201914.31%
% Emigrant [+]201915.67%
Birth Rate [+]202110.00‰
Remittance sent ($M) [+]2017201.5
Crude death rate [+]202114.00‰
Fertility Rate [+]20201.58
Crude marriage rate [+]20204.60‰
% risk of poverty [+]202120.6%
Population [+]20211,331,796
Immigrant stock [+]2019190,242
Emigrant stock [+]2019208,257
HDI [+]20210.890
Gender Gap Ranking [+]202252º
Life expectancy [+]202176.90
Suicides [+]2020217
Suicide rate [+]202015.80
Number of homicides [+]202042
Rate Homicides per 100.000 [+]20203.17
Energy and Environment
CO2 Tons per capita [+]202111.49
Consumption GWh [+]20218,842
Generation GWh [+]20216,653
COVID-19 - Deaths [+]02/03/20232,912
COVID-19 - Confirmed [+]02/03/2023613,903
Fully vaccinated [+]01/30/2023848,525
COVID-19 - Deaths per million population [+]02/03/20232,186.52
Doses administered [+]01/30/20232,107,405