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 1,374,687 people, it is one of the least populous country in the world and it has a moderate population density, 30 people per km2.

It's capital is Tallinn and its currency is Euros

Estonia is holding the 100 position by nominal GDP. Its national debt in 2023 was 7,375 millions of euros (7,974 millions of dollars), ( 19.6% debt-to-GDP ratio) and its public debt per capita is €5,365 euros per inhabitant$5,801 dollars per inhabitant.

The last annual rate of CPI published in Estonia was on June of 2024 and it was 2.5%.

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
Gouvernement
Qu. GDP Per Capita [+]2024Q16,916K
Annual GDP [+]2023€37,682M
Annual GDP [+]2023$40,745M
GDP per capita [+]2023€27,590
GDP per capita [+]2023$29,639
Quarterly GDP [+]2024Q1€9,507M
Debt (M.€.) [+]20237,375
Debt ($M) [+]20237,974
Debt (%GDP) [+]202319.60%
Debt Per Capita [+]2023€5,365
Debt Per Capita [+]2023$5,801
Deficit (M.€) [+]2023-1,319
Deficit ($M) [+]2023-1,383
Deficit (%GDP) [+]2023-3.50%
Expenditure (M.€) [+]202316,457.2
Expenditure ($M) [+]202317,739.6
Education Expenditure (M.€) [+]20211,842.1
Education Expenditure ($M) [+]20212,178.7
Education Expenditure (%Bud.) [+]202114.25%
Gov. Health Exp. (M.€) [+]20232,167,543,000.0
Gov. Health Exp.($M) [+]20232,343,764,245.9
Gov. Health Exp. (%Bud.) [+]202113.76%
Defence Expenditure (M.€) [+]2022751.4
Defence Expenditure ($M) [+]2022791.3
Defence Expenditure (%Bud.) [+]20225.34%
Expenditure (%GDP) [+]202343.70%
Expenditure Per Capita [+]2023€11,934
Expenditure Per Capita [+]2023$12,904
Education Expenditure P.C [+]2021€1,385
Education Expenditure P.C [+]2021$1,653
Gov. Health Exp. P.C. [+]2023€1,587
Gov. Health Exp. P.C. [+]2023$1,716
Defence Expenditure P.C. [+]2022€564
Defence Expenditure P.C. [+]2022$587
Moody's Rating [+]03/08/2024A1
S&P Rating [+]05/31/2024A+
Fitch Rating [+]03/27/2020AA-
Corruption Index [+]202274
Competitiveness Ranking [+]201931º
Fragile States Index [+]201843.0
RTI Raking [+]202247º
Innovation Ranking [+]201824º
Labour
Unemployment Rate [+]May 20247.4%
Unemployment rate [+]2024Q17.8%
Unemployed [+]2024Q159K
NMW [+]2024$906.1
NMW [+]2024€820.0
Average Wage [+]2023$23,351
Average Wage [+]2023€21,595
Human Capital Ranking [+]201712º
Markets
US Dollar exchange rate [+]07/26/20240.9208
Stock ExchangeYTD % [+]07/26/2024-1.55%
Prices
CPI (overall index) [+]June 20242.5%
HICP [+]June 20242.8%
PPI Year on Year [+]May 2024-3.8%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202018º
IPI Year on Year [+]April 2024-4.8%
Passengers vehicles Year [+]December 202221,571
Annual Vehicles/ 1,000 p. [+]December 202219.59
Vehicles / 1,000 people [+]2021729.37
Taxes
Tax Revenue (%GDP) [+]202334.1%
Standard VAT [+]07/01/200920.00%
Top tax rate + SSC [+]20228.7%
Trade
Annual arrivals [+]20193,345,323
Exports [+]2023€18,198.7M
Exports [+]2023$19,668.7M
Exports % GDP [+]202348.29%
Imports [+]2023€21,168.9M
Imports [+]2023$22,963.2M
Imports % GDP [+]202356.18%
Trade balance [+]2023€-2,970.3M
Trade balance [+]2023$-3,294.5M
Trade balance % GDP [+]2023-7.88%
Retail Sales YoY [+]December 2023-6.3%
Socio-Demography
Global AgeWatch Ranking [+]201523º
Density [+]202330
Global Peace Ranking [+]202325º
Crude divorce rate [+]20221.90‰
Remittance received ($M) [+]2017559.3
% Immigrant [+]202014.98%
% Emigrant [+]202015.54%
Birth Rate [+]20238.00‰
Remittance sent ($M) [+]2017201.5
Crude death rate [+]202311.70‰
Fertility Rate [+]20221.41
Crude marriage rate [+]20225.30‰
% risk of poverty [+]202322.5%
Population [+]20231,374,687
Immigrant stock [+]2020199,277
Emigrant stock [+]2020206,631
HDI [+]20210.890
Gender Gap Ranking [+]202322º
Life expectancy [+]202378.80
Suicides [+]2021189
Suicide rate [+]202114.05
Number of homicides [+]202220
Rate Homicides per 100.000 [+]20221.51
Energy and Environment
CO2 Tons per capita [+]20228.39
Consumption GWh [+]20227,476
Generation GWh [+]20226,998
Others
COVID-19 - Deaths [+]07/07/20242,998
COVID-19 - Confirmed [+]07/07/2024610,471
Fully vaccinated [+]07/22/2024862,730
COVID-19 - Deaths per million population [+]07/07/20242,180.86
Doses administered [+]07/22/20242,171,412