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Estonia flag Estonia Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Estonia, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
61.1
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Time to obtain an electrical connection (days)
76.2
2023 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Average time to clear exports through customs (days)
3.7
2023 · Average number of days to clear direct exports through customs.
Firms visited or required meetings with tax officials (% of firms)
14.2
2023 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
New business density (new registrations per 1,000 people ages 15-64)
24.3
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
76.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Insurance and financial services (% of service imports, BoP)
2.46256718278641
2024 · World Bank
Transport services (% of commercial service exports)
20.9928128604247
2024 · World Bank
Insurance and financial services (% of commercial service exports)
1.73486160037636
2024 · World Bank
Food imports (% of merchandise imports)
14.2452823132285
2024 · World Bank
Agricultural raw materials imports (% of merchandise imports)
2.68231624172256
2024 · World Bank
Transport services (% of commercial service imports)
26.342005397092
2024 · World Bank
Export unit value index (2015 = 100)
126.8
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
1.71985084853228
2024 · World Bank
Fuel exports (% of merchandise exports)
7.77072769925022
2024 · World Bank
Travel services (% of commercial service exports)
12.1091042765383
2024 · World Bank
Trade in services (% of GDP)
56.0257131793081
2024 · World Bank
Commercial service exports (current US$)
13492936600.3256
2024 · World Bank
Agricultural raw materials exports (% of merchandise exports)
6.55146819383925
2024 · World Bank
Manufactures exports (% of merchandise exports)
64.4324249483318
2024 · World Bank
Computer, communications and other services (% of commercial service exports)
65.1632212626606
2024 · World Bank
Merchandise trade (% of GDP)
96.3125645243513
2024 · World Bank
Import unit value index (2015 = 100)
125.4
2024 · World Bank
Food exports (% of merchandise exports)
13.6068010088738
2024 · World Bank
Domestic credit to private sector (% of GDP)
61.0527882878267
2024 · World Bank
Merchandise imports (current US$)
22350000000
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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