Australia Group, BA, BIS, CBSS, CE, EAPC, EBRD, EIB, EU, FAO, IAEA,
IBRD, ICAO, ICCt, ICRM, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol,
IOC, IOM, IPU, ISO (correspondent), ITU, ITUC, MIGA, NATO, NIB, NSG,
OAS (observer), OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNTSO, UPU,
WCO, WEU (associate partner), WHO, WIPO, WMO, WTO

Diplomatic representation in the US:
chief of mission: Ambassador Juri LUIK
chancery: 2131 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 588-0101
FAX: [1] (202) 588-0108
consulate(s) general: New York

Diplomatic representation from the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Jeffrey
GOLDSTEIN
embassy: Kentmanni 20, 15099 Tallinn
mailing address: use embassy street address
telephone: [372] 668-8100
FAX: [372] 668-8134

Flag description:
pre-1940 flag restored by Supreme Soviet in May 1990 - three equal
horizontal bands of blue (top), black, and white

Economy Estonia

Economy - overview:
Estonia, as a new member of the World Trade Organization and the
European Union, has transitioned effectively to a modern market
economy with strong ties to the West, including the pegging of its
currency to the euro. The economy benefits from strong electronics
and telecommunications sectors and is greatly influenced by
developments in Finland, Sweden, and Germany, three major trading
partners. The current account deficit remains high; however, the
state budget is essentially in balance, and public debt is low.

GDP (purchasing power parity):
$26 billion (2006 est.)

GDP (official exchange rate):
$13.62 billion (2006 est.)

GDP - real growth rate:
9.2% (2006 est.)

GDP - per capita (PPP):
$19,600 (2006 est.)

GDP - composition by sector:
agriculture: 3.4%
industry: 28%
services: 68.6% (2006 est.)

Labor force:
673,000 (2006 est.)

Labor force - by occupation:
agriculture: 11%
industry: 20%
services: 69% (1999 est.)

Unemployment rate:
5.8% (2006 est.)

Population below poverty line:
5% (2003)

Household income or consumption by percentage share:
lowest 10%: 1.9%
highest 10%: 28.5% (2000)

Distribution of family income - Gini index:
33 (2003)

Inflation rate (consumer prices):
4.4% (2006 est.)

Investment (gross fixed):
32.4% of GDP (2006 est.)

Budget:
revenues: $5.994 billion
expenditures: $5.718 billion; including capital expenditures of $NA