Estonia

Estonia is a country located in Northern Europe, on the eastern coast of the Baltic Sea. Latvia borders it to the south and Russia to the east. The official language is Estonian, and the currency is the euro. The country has a population of around 1.3 million people. Estonia gained independence from the Soviet Union in 1991 and is now a parliamentary republic.

Estonia has a developed and highly digitized economy that is driven by the service sector, which accounts for around 70% of GDP. The country has a strong IT sector and is often referred to as the "Silicon Valley of Europe." The country has a high level of foreign trade, with exports accounting for around 60% of GDP.

Estonia has a flat tax system with a corporate tax rate of 20% and a personal income tax rate of 20%. The country has a relatively low level of public debt and a budget surplus. The country's GDP per capita is one of the highest among the Baltic states and Eastern Europe.

Estonia has a high level of economic freedom and is consistently ranked among the top countries in the world for ease of doing business. The country has a highly educated workforce and a well-developed infrastructure.

The country has been a member of the European Union since 2004 and the eurozone since 2011. The country has a good reputation for its political stability and transparent governance.... Show more