Estonia: In-depth PEST Insights

Estonia: In-depth PEST Insights

  • Products Id :- ML00003-017
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  • Pages: 38
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Executive Summary

Estonia: In-depth PEST Insights


This PEST country analysis report on Estonia provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.

Key Highlights

- The political landscape section discusses the evolution of the political scenario in Estonia, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.

- The economic landscape section outlines the evolution of Estonia's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."

- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.


- Understand the political system in Estonia through analysis of key figures in the country and governance indicators.

- Understand the economic situation in Estonia through a balanced assessment of core macroeconomic issues.

- Understand customer demographics in Estonia through analysis of income distribution and the rural-urban split, as well as healthcare and education.

- Understand the technological landscape in Estonia through analysis of relevant laws and policies, as well as patents data.

Reasons to buy

- What is the outlook in Estonia in terms of political stability, policies towards business, and the popularity of the government?

- How does Estonia perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?

- How does Estonia perform in terms of healthcare, income distribution, and education?

- How does Estonia perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?

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Table of Contents

Overview 2

Catalyst 2

Summary 2

Key highlights 2

Key developments in January 2017-September 2018 3

Key Facts and Geographic Location 8

Key facts 8

Geographic location 9

Political Landscape 10

Summary 10

Evolution 10

Structure and policies 12

Key political figures 12

Structure of government 12

Structure of legislature 13

Composition of government 13

Key policies 14

Economic 14

Social 14

Foreign and defense 14

Performance 15

Governance indicators 15

Economic Landscape 17

Summary 17

Evolution 17

Structure and policies 19

Financial system 19

Financial authorities and regulators 19

Banking 19

Performance 20

GDP and growth rate 20

Overview 20

GDP composition by sector 21

Fiscal situation 24

Monetary situation 26

Social Landscape 29

Summary 29

Evolution 29

Structure and policies 29

Demographic composition 29

Education 31

Healthcare 31

Social welfare 32

Performance 33

Healthcare 33

Income distribution 33

Education 33

Technological Landscape 35

Summary 35

Evolution 35

Structure and policies 35

Intellectual property 35

Research and development 35

Performance 36

Opportunity sectors 36

Appendix 37

Ask the analyst 37

About MarketLine 37

Disclaimer 37

List of Figures

Figure 1: Map of Estonia 9

Figure 2: Estonia-Key Political Events Timeline 11

Figure 3: Estonia-Key Political Figures 12

Figure 4: Distribution of Seats by Political Party (%), 2015 13

Figure 5: Evolution of GDP Growth in Estonia (%), 2007-2017 18

Figure 6: GDP and GDP Growth Rate of Estonia (Constant Prices), 2012-2022f 20

Figure 7: Sector Specific GDP in Estonia, 2017 21

Figure 8: Agricultural Output in Estonia (EUR Million/%), 2012-2017 22

Figure 9: Industrial Output in Estonia (EUR Billion/%), 2012-2017 23

Figure 10: Services Output in Estonia (EUR Billion/%), 2012-2017 24

Figure 11: Estonia's Balance of Trade Position (USD Billion), 2012-2016 25

Figure 12: Consumer Price Index and Consumer Price Index-based Inflation in Estonia, 2012-2022f 27

Figure 13: Unemployment in Estonia (Thousand Persons/%), 2012-2022f 28

Figure 14: Healthcare Expenditure in Estonia (USD Billion/% of GDP), 2011-2017 33

Figure 15: Government Expenditure on Education in Estonia (USD Billion/% of GDP), 2010-2016 34

Figure 16: Internet Users in Estonia (Million Users/%), 2012-2016 36

List of Tables

Table 1: Estonia-Key Facts, 2018 8

Table 2: Mid-year Population by Age (% of Total Population), 2017 30

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