Estonia vs Euro area
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Economy power of Estonia & Euro area
World Rank 79
2.36
The Republic of Estonia is one of the Baltic nations located in Northern Europe. It is located on the eaterrn coast of the Baltic Sea and borders Finland across the Gulf of Finland. Besides that, they also border Sweden across the sea. In terms of standard neighbors, Latvia is located in the south. The land territory of Estonia is approximately 45,200 square kilometers, which is very low - even for the European standards.
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The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency.
List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency.
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