Estonian economy at a glance

Estonia is a small, open and digital economy in the euro area. The country's business environment is supported by digital public services, a transparent tax system, an open foreign trade regime and investment-grade sovereign credit ratings.

Key economic indicators

  • GDP per capita: €30,380 (2025)
  • GDP at current prices: €41.6 billion (2025)
  • Real GDP growth: 0.6% (2025)
  • Inflation: 4.8% (2025)
  • Unemployment: 7.5% (2025)
  • Exports of goods: €18.6 billion (2025)
  • Imports of goods: €22.4 billion (2025)
  • Economically active enterprises: 159,827 (2025)

Considerations for investors

  • Starting and managing a business is supported by Estonia's e-Business Register, the official state portal for legal entities.
  • Corporate taxation is simple and transparent: companies pay income tax mainly when profit is distributed.
  • Estonia is a trade-oriented economy, with goods exports and imports both growing in 2025.
  • Digital public services make communication with the state fast and accessible.
  • Estonia is part of the euro area, which provides monetary stability and removes currency risk within the eurozone.

Credit ratings

Estonia has investment-grade sovereign credit ratings.

AgencyRatingOutlook
Moody'sA1Stable
FitchA+Stable
Scope RatingsA+Stable
DBRS MorningstarAA (low)Stable
EIUAStable

Cornerstones of Estonia's economic environment

  • Euro-area membership and a stable monetary framework
  • Open and trade-oriented economy
  • Transparent and competitive tax system
  • Highly digital business environment
  • Prudent public finances and strong sovereign credit ratings

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