The economy of Estonia is an advanced economy and the country is a member of the European Union and the eurozone. Estonia's economy is heavily influenced by developments in the Finnish and Swedish economies.
The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. In 2021, Kazakhstan attracted more than US$370 billion of foreign investments since becoming an independent republic after the collapse of the former Soviet Union.
A developed country, or high-income country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. Another commonly used measure of a developed country is the threshold of GDP (PPP) per capita of at least US$22,000. In 2023, 40 countries fit all four criteria, while an additional 15 countries fit three out of four.
Canada ranks among the highest in international measurements of government transparency, civil liberties, quality of life, economic freedom, education levels, gender equality, public services, public security and environmental sustainability. It ranks among the lowest of the most developed countries for housing affordability, healthcare services and foreign direct investment.
Estonia, officially the Republic of Estonia, is a country by the Baltic Sea in Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, and to the east by Lake Peipus and Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,200 other islands and islets on the eastern coast of the Baltic Sea, covering a total area of 45,339 square kilometres (17,505 sq mi). The capital city Tallinn and Tartu are the two largest urban areas of the country. The Estonian language is the indigenous and the official language of Estonia; it is the first language of the majority of its population, as well as the world's second most spoken Finnic language.
Tourism in Estonia refers to the overall state of the tourism industry in the Baltic nation of Estonia. It is a key part of the country's economy, contributing 7.8% to its GDP, and employing 4.3% of its population. In 2018, tourism and other related services counted for over 10.8 percent of Estonia's exports. Tourism is increasing rapidly in Estonia: the number of tourist arrivals—both domestic and international—has increased from 2.26 million in 2006 to 3.79 million in 2019. Estonia was also ranked the 15th-most safest country to visit in 2017, according to safedestinations.com, scoring 8.94 out of 10 on their list. In a 2018 report published by the OECD, they concluded that most international tourists come from places like Finland, Russia, Latvia, Germany, and Sweden.
