Estonia

Traditionally the most western-orientated of the Baltic states, Estonia formally regained its independence in 1991. Since the last Russian troops left in 1994, Estonia has been free to promote economic and political ties with Western Europe. It joined both NATO and the EU in the spring of 2004.

Economic Strengths

Electronics & telecommunications.

Economic Weaknesses

Lack of raw materials, dependence on energy imports, rising inflation

Population 1,335,605
Capital city Tallinn
Currency Kroon
World GNP Ranking 105
Unemployment 5.2%
Inflation 6.89%

 

Source: Central Intelligence Agency; The World Factbook, March 2009