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  • A site by BDO Estonia
  • Estonia at glance

Estonia at glance

Estonia in brief

Official name: Republic of Estonia

Head of state: President

Government: parlamentary democracy

Currency: Euro (€)

Memberships: EU, NATO, OECD, WTO, Eurozone, Schengen area

National day: 24th of February, Independence Day

Total area: 45,339 square km neighboring Finland, Sweden, Latvia and Russia

Population: 1.31 million (2016)

E-residents: Over 18,000 Estonia is a first country in the world to offer e-residency - transnational digital identity.

Capital: Tallinn (423,000 inhabitants)

Other major cities: Tartu (94,000), Narva (58,000), Pärnu (40,000), Kohtla-Järve (36,000)

Language: Estonian. Other languages such as English, Russian and Finnish are also widely spoken.

Fine education: According to OECD’s PISA results, Estonian basic education is the best in Europe and in the top 3 globally.

Major natural resources: Timber, oil shale, phosphorite, peat, limestone, dolomite

Time zone: GMT + 2 hours

Distances from Tallinn: Helsinki 85 km, Riga 307 km, St Petersburg 395 km, Stockholm 405 km, Vilnius 605 km

Flight times: Helsinki 35 min, Stockholm 1 h, Copenhagen 1 h 30 min, Moscow 1 h 40 min, Berlin 1 h 45 min, Amsterdam 2 h 20 min, London 2 h 45 min

Climate: Estonian climate is humid and temperate. 50% of Estonian land is covered by forests. Forests cover about half of Estonian territory. More than 40% of them belong to the state and are certified as organic collection areas. Everyone can freely pick berries, mushrooms or just enjoy the freshest air.

Estonia is a signatory to Kyoto Protocol linked to the United Nations Framwork Convention on Climate Change.

Agreements on avoidance of double tacation

Double taxation treaties aim to eliminate the double taxation of income arising in one territory and paid to residents of another.

*as at 10.02.2017

 

Visa freedom

as at 28.03.2017

State budget

The Riigikogu passed the state budget for 2017, planned revenue is 9,48 EUR bn and planned expenditure is 9,66 EUR bn. According to Eurostat, as of 2016Q3, Estonian Goverment debt to GDP ratio is continiously the lowest amongs European Union memberstates.