Estonia

Estonia flag svg
Capital
Area
Currency
Tallinn
45,227 km 2
Euro (EUR)

Table of Contents

Introduction

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.

Economy

Estonian GDP (PPP included) is the third lowest GDP in the European Union. The only nations with lower numbers are Cyprus and Malta. GDP in Estonia is $51 billion. Their direct neighbors have the GDP at the level of $61 billion, which is 20% higher than Estonian’s. 

In terms of numbers per capita, we can see a huge improvement, because they are now the 11th lowest GDP per capita in European Union. It is around $39,000 (which is even higher than in the case of such countries as Portugal, Greece, Hungary, or Poland). 

Population

The population of 1.3 million Estonians is very low, especially if we think about their density. It is only 29 people per square kilometer.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)