| Estonia | |
| Rank: 32 · Score: 61.3 |
| Basic facts | ||||
| Population (millions) | 1.3 | IPOs and pulic issues (quartile) | 3rd | |
| GDP (US$ billions) | 38.4 | M&A volume (quartile) | 3rd | |
| GDP per capita (US$) | 28,532.0 | Venture capital investments (quartile) | Top | |
| GDP growth (per cent) | -1.2 | Private equity investments (quartile) | Top |
Performance Overview
| Indicator | Rank / 125 | Rank Trend | Score | |
| VC/PE Country Attractiveness Index | 32 | 92, 91, 89, 94, 93 | 61.3 | |
| 1 | Economic Activity | 96 | 44, 50, 54, 38, 29 | 62.9 |
| 2 | Depth of Capital Market | 35 | 89, 86, 82, 90, 90 | 55.7 |
| 3 | Taxation | 23 | 100, 100, 99, 100, 102 | 106.4 |
| 4 | Investor Protection and Corporate Governance | 30 | 99, 95, 95, 95, 95 | 84.3 |
| 5 | Human and Social Environment | 27 | 96, 97, 97, 97, 98 | 45.1 |
| 6 | Entrepreneurial Opportunities | 37 | 89, 88, 86, 85, 88 | 60.1 |
| Historic performance, 2019-2023 | Key driver performance, 2023 |
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Peer Group Comparison
| Regional Peers | Economic Activity | Depth of Capital Market | Taxation | Investor Protection and Corporate Governance |
Human and Social Environment |
Entrepreneurial Opportunites |
| Poland | 84.0 | 69.8 | 101.5 | 64.5 | 39.3 | 65.9 |
| Czech Republic | 79.4 | 53.5 | 104.0 | 73.8 | 41.3 | 69.3 |
| Estonia | 62.9 | 55.7 | 106.4 | 84.3 | 45.1 | 60.1 |
| Romania | 79.5 | 53.4 | 109.4 | 73.0 | 36.0 | 54.8 |
| Turkey | 70.4 | 68.2 | 95.5 | 65.7 | 31.9 | 50.6 |
| Lithuania | 67.0 | 41.6 | 114.8 | 79.3 | 37.6 | 56.8 |
| Latvia | 63.5 | 43.4 | 103.8 | 79.6 | 37.6 | 52.0 |
Last updated: 4 Nov 2023