Interesting facts about Estonia in 2024

guides for doing business in Estonia

Location

  • The Republic of Estonia is in the Baltic region of Northern Europe;
  • 50% of the territory is forest and 22% is agriculture;

People

  • Estonia is a well-developed country with a high-income economy and high standard of living;
  • The population of Estonia is approximately 1.4 million. The two major ethnic groups are Estonians and Russians;
  • Estonia has the third highest literacy rate of the world (99,8%);
  • Estonia one of the less religious countries in Europe;
  • Estonia is considered to have one of the lowest population densities on earth, with just 32 people per square kilometer, compared to Singapore which has approximately 7,300;

Languages

  • Russian is widely spoken in Estonia;
  • The Estonian language comes from the Finno-Ugric language family (as is Finnish & Hungarian) and is considered very difficult to learn;

Economy

  • The most important industry sectors for Estonia are food, construction, electronics and chemicals. Oil shale, limestone and forests (cover 50% of the country) are amongst Estonia’s most abundant natural resources;
  • Estonia adopted the Euro on the 1st January 2011;
  • Estonia is the first country in the world to have implemented flat tax system;
  • Estonia has the highest number of startups per capita in Europe;
  • Skype software originated from Estonians.

External readings

External videos

Contact us

For additional information on our company registration services in Estonia, please contact our in-house country expert, Mr. Seth Ochieng, directly:
Director of Client Engagements - Seth
  • Mr. Seth Ochieng
  • Senior Manager, Client Relations
  • Get in touch