Estonia: Economy

Economic Trivia

Estonia produces about 75% of its consumed electricity.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Russia, Finland, and Sweden
Top 3 Exported Goods (2014): Electrical Machinery, Oil & Mineral Fuels, and Wood

Top Industries Source: CIA World Factbook

Engineering; Electronics; Wood and Wood Products; Textiles

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $36,991,216,692 (2014)
GDP Growth Rate (annual %) 2.907% (2014)
GDP Per Capita, PPP (current international) $28,140 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 111/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -0.145% (2014)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 49.4% (2015)
Real Interest Rate (5 year average %) 2.638% (2014)
Manufacturing, value added (% of GDP) 15.735% (2014)
Current Account Balance (BoP, current US$) $258,605,239 (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 687,168 (2014)
Employment in Agriculture (% of total employment) 3.9% (2014)
Employment in Industry (% of total employment) 30.5% (2014)
Employment in Services (% of total employment) 65.5% (2014)
Unemployment Rate 7.7% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $21,318,806,859 (2014)
Exports of goods and services (current US$) $22,222,458,478 (2014)
Total Merchandise Trade (% of GDP) 129.592% (2014)
FDI, net inflows (BoP, current US$) $1,571,122,014 (2014)
Commercial Service Exports (current US$) $6,141,907,774 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Estonia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary