Business climate in Estonia

Estonia ranks #15 of 54 on the overall business climate (score 64). Its strongest suit is rule of law, followed by red tape; the weakest is momentum.

Rule of law87 / 100Red tape84 / 100Energy prices63 / 100Business taxes49 / 100Momentum20 / 100
DriverScoreRankMeasures
Red tape and ease of doing business84 #8 of 54Regulatory framework (World Bank B-READY 2025): 76 (2025); Business entry (B-READY): 89 (2025); Public services for business (B-READY): 76 (2025); Days to start a business (Doing Business): 3.50 (2017); Procedures to start a business (Doing Business): 3.00 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 12 (2017)
Rule of law and legal certainty87 #5 of 54Liberal democracy (V-Dem): 0.84 (2025); Corruption perceptions score (higher = cleaner): 76 (2025); Strength of legal rights for borrowers and lenders: 7.00 (2017); Dispute resolution (B-READY): 71 (2025)
Taxes on business49 #33 of 53Corporate income tax rate (headline): 22 (2026); Total tax and contribution rate on commercial profits: 49 (2017); Taxation administration (B-READY): 68 (2025)
Cost of capital––Access to finance (B-READY): 75 (2025)
Energy prices for business63 #11 of 31Business electricity price (Eurostat, 500-1,999 MWh a year): 0.14 (2025)
Growth momentum and investment trend20 #52 of 53Real GDP growth, average of the last five years: 0.96 (2025); Growth trend: last three years against 2015-2019: -4.35 (2025); Foreign direct investment, net inflows: 13 (2023)
2010: 2.5%102011: 7.6%112012: 3.7%122013: 1.8%132014: 3.3%142015: 1.8%152016: 3.1%162017: 5.6%172018: 3.7%182019: 3.7%192020: -2.9%202021: 8.3%212022: -1.2%222023: -2.7%232024: -0.1%242025: 0.6%25
Real GDP growth by year (World Bank). Green bars: growth; red: contraction.

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Sources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.