Located in Eastern Europe, Estonia borders both the Baltic Sea and the Gulf of Finland, between Latvia and Russia. It covers an area slightly smaller than New Hampshire and Vermont combined and includes around 1,520 islands located in the Baltic Sea. Estonia’s marshy terrain and lowlands experience a wet and maritime climate, which gives the country both moderate winters and cool summers. Natural resources include oil shale, peat, phosphorite, clay, limestone, sand, dolomite, arable land and sea mud.

Estonia, as a new member of the World Trade Organization and the European Union, pegs its currency to the euro and has become a modern market economy. It has electronics and telecommunications sectors and with three major trading partners: Finland, Sweden and Germany. The current deficit is high, however the state budget is in balance, and public debt is low. Estonia enjoys remarkable levels of foreign direct investment, among the highest per capita in Central and East Europe. The trade deficit is a negative factor, whereas the internal government surplus is a plus. The GDP can be broken down as follows: agriculture 4%, industry 29%, and services 67%.

Estonia has around 444,000 Telephone lines and 670,000 Internet users

It is a great opportunity to open a new market in Estonia by registering your .EE domain name.