IMD World Competitiveness Booklet 2021
COMPETITIVENESS TRENDS - OVERALL ESTONIA
OVERALL PERFORMANCE (64 countries)
BASIC FACTS Capital Land area (square km '000)
Rank
Tallinn
2017 2018 2019 2020 2021
45 2020
0.876 2020 1.33 2020 31.0 2020 37,744 2020 -2.9 2020 -0.63 2020 6.80 2020 0.71 2020 -0.91 2020 27.5 2019 9.41 2019
Exchange Rate (per $)
26
28
30
31
35
61
Population - market size (millions)
CHALLENGES IN 2021 Ensure the functioning of the economy during and after COVID- 19. • Ensure the functioning of the economy during and after COVID-19. • Boost productivity through innovation and digital transformation. • Promote cooperation between business and research sectors. • Stimulate balanced regional development. • Environmental sustainability, increasing the share of renewable energy.
60
Gross Domestic Product (GDP) (US$ billions)
34
GDP (PPP) per capita (US$)
18
Real GDP growth (%)
8
Consumer price inflation (%)
33
Unemployment rate (%)
61
Labor force (millions)
47
Current account balance (% of GDP)
57
Direct investment stocks inward ($bn)
Estonian Institute of Economic Research (EKI) Pr vided by: Estonian Institute of Economic Research (EKI)
6
Direct investment flows inward (% of GDP)
COMPETITIVENESS LANDSCAPE
Economic Performance
Government Efficiency
Business Efficiency
Infrastructure
Domestic Economy
International Trade
International Investment Employment Prices
Public Finance
Tax Policy
Institutional Framework Business Legislation
Societal Framework
Productivity & Efficiency Labor Market Finance
Management Practices
Attitudes and Values
Basic Infrastructure
Technological Infrastructure Scientific Infrastructure
Health and Environment Education
14
14
17
18
19
21
23
24 25
26
28
33
34
35
36
36
37
40
42
45
PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)
POPULATIONS < 20 MILLION (35 countries)
2017 2018 2019 2020 2021
2017 2018 2019 2020 2021
16
17
18
18
18
19
19
19
21
22
67
IMD WORLD COMPETITIVENESS BOOKLET 2021
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