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Browse Profiles > Estonia > Business Indicators

	Score	Rank
Standards Compliance Index	54.17 out of 100	21
Business Indicator Index	11.98 out of 12	1

Estonia

Business Indicators

With a perfect overall score of 11.98, Estonia is at standard on the economic, legal, and political indicators that make up our Business Index. Estonia has a market-based, private-sector driven, capitalist economy, in which total government expenditure, including consumption and transfer payments, is high. Government spending equaled 37.5 percent of GDP, and 1.1 percent of government revenues came from state-owned enterprises and government ownership of property. Estonia maintains a very liberal trade policy and provides equal treatment, rules, and incentives for foreign and domestic investors. However, because of the small size of the commercial sector, favoritism may occur. Property rights, including intellectual property rights, are protected. Corruption is of no concern, as reflected in Slovenia's ranking of 28th out of 180 countries in Transparency International's 2007 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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