Estonia’s Economy

Heritage ranks Estonia’s economic freedom seventh in the world

The Heritage Foundation’s 2018 Index of Economic Freedom ranks Estonia’s economy as the seventh freest in the world. According to the index, Estonia’s economic freedom score is 78.8, and even though the score decreased by 0.3 points compared with 2017, the country is still doing fairly well, having been ranked …

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Central bank: Estonia’s economy is in its best position since the crisis

The Estonian economy is in its best position since the financial crisis of 2007-2008, the country’s central bank announced, adding that the total output in the economy in the third quarter of 2017 was 4.2% higher than a year earlier. According to the Bank of Estonia, the Estonian economy has …

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Estonia’s GDP reaches €21 billion or €16,000 per capita

According to Statistics Estonia, the country’s GDP reached €21 billion in 2016 and GDP per capita was €16,035, which is €557 more than a year earlier. Harju County contributed €13 billion to the GDP, or 64 per cent. €11 billion of the Harju County’s contribution came from the capital, Tallinn. …

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Estonia’s personal business account is no tax miracle

The summer of 2018 will see the introduction of a super-simple tax regime for one-man businesses – but the details of it undermine Estonia’s reputation for clever and efficient solutions, Andrei Tuch writes. When Jüri Ratas’s left-leaning coalition took over in Estonia a year ago, the most immediate and impactful …

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Estonishing Evenings: Is Estonia really the land of opportunities for entrepreneurs?

The Estonishing Evenings series returns to Tallinn, taking a closer look behind the hype of headlines and statistics with regard to business environment in Estonia. Organised in partnership with Estonian World, the Estonishing Evenings series is an English-speaking evening hosting different speakers expressing their viewpoints and experiences on hot topics and matters concerning both …

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Estonia is the 29th most competitive economy in the world

According to the World Economic Forum Global Competitiveness Report 2017-2018, Estonia is the 29th most competitive economy in the world. The Global Competitiveness Report, that measures national competitiveness – defined as the set of institutions, policies and factors that determine the level of productivity – gives Estonia a competitiveness score …

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