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Date: 5/26/2021
Republic of Estonia
Macroeconomics Film Location Presentation: Levi Leitma & Grayson Meeks
Geography
Estonia is located in the
North Eastern part of
Europe, next to Russia
and just South of Finland
Estonia used to be part of
the USSR, but gained its
Independence in 1918 and
Restored their
independence from
the USSR in 1991
III.
Climate
✤ Average Temps in Estonia are around the mid-60s F in the summertime
✤ Winter is around the mid-teens (13-19 F)
IV.
Structure of Government:
- Parliamentary Republic System
- Executive - - Judicial - - Legislative -
V.
Currency
• Beginning in 2011, Estonia switched to the Euro,
which as of 2021, was equivalent to 0.82 USD.
• Prior to 2011, they operated using the Estonian
Kroon which held a value of 12.81 in USD.
Image Credit:
https://upload.wikimedia.org/wikipedia/commons/0/0b/Euro_Series_B
anknotes_%282019%29.jpg
VI.
1 Estonian Kroon
GDP(Trend)
VII.
-5%
-2%
0%
2%
5%
7%
2012 2013 2014 2015 2016 2017 2018 2019 2020
GDP
Growth
(%)
Years
Annual GDP of Estonia
GDP per Capita
VIII.
$0.00
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$25,000.00
2012 2013 2014 2015 2016 2017 2018 2019 2020
Value
of
GDP
Wealth Distribution
Lower 20 Percentile Higher 20 Percentile
6x Difference in Wealth
The United States has a wealth difference of 9x
Average HouseHold Income
Estonia United States
$19,697 USD $45,284 USD
IX.
Enemies or Terrorism Occurrences
✤ They have very little terrorism activities.
✤ Attacks have include cyber vandalism against
government websites, with suspicions
pointing to the Kremlin terrorist group
operating out of Russia.
✤ “
X.
Image Credit:
https://cdn.nextgov.com/media/img/cd/2018/10/02/100218cyberattacksNG/860x394.jpg?1618305557
Labor Force Composition
Most Jobs are located in the capital, Tallinn
“Unlike in many other countries Estonia has a
high level of employment among women —
they constitute 50.4% of the workforce, there is
less unemployment among them, and of the
women of working age 55% are employed.”
XI.
Employ
ed
91%
Self-
Employed
5%
Entrpreneur
s
4%
Inflation Rate (Trend)
Rising Trend in Inflation Rates
3.9% Increase in Inflation
However, it's -0.63% down from
2.2% of last year
XII.
Infrastructure (Transports and Utilities)
•7,000 Paved Roads
•50 Miles of Expressways
•200 Miles of Waterways
•Electricity
•Gas
•Technology
Utilities:
Infrastructure:
XIII.
Main Exports
XIV.
Finland ($2.29B) — Sweden ($1.56B) — Latvia ($1.42B) — Russia ($1.4B) — United States ($1.13B)
$969M
$842M
$667M $628M
$453M
0
250
500
750
1000
1250
Broadcasting Equipment Petroleum Coal Tar Oil Cars Prefabricated Buildings
Value
of
Exports
in
Millions
Most Common Destinations of Exports
Main Imports
XV.
$1B
$1B
$1B
$0B $0B
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
Cars Refined Petroleum Coal Tar Oil Broadcasting Equipment Medicaments
Import
Money
in
Billions
Top Import Partners
Russia ($2.5B) Germany ($1.94B) Finland ($1.79B) Lithuania ($1.5B) Latvia ($1.46B)
Population Demographics
69%
30%
1%
1%
Languages of Estonia
Estonian Russian Ukranian Other
69%
25%
2%
1%
1%
3%
Ethnicities
Estonian Russian Ukranian
Belarusian Finn Other
10%
16%
2%
1%
54%
17%
Religions
Lutheran Orthodox
Christian Other
None Unspecified
XVI.
Cost to get to Estonia?
Flights average a total of 1200 USD
XVII.
Image Credit: https://www.travelanddestinations.com/wp-
content/uploads/2017/10/Top-Instagram-and-Photography-Spots-in-
Tallinn.jpg
Filming Regulations
XVIII.
Covid-19 Special Regulations:
2+2 Rule, requires a minimum of 2 meters between others
Masks and hand sanitizer must be used and supplied on set
Requires Permits for Filming in Public Spaces:
Allow for 40 days for processing permits, if filming interferes
with public transportation
30 Days if the shoot will continue past 11pm
All other cases, permits take up to 2 weeks
Why Estonia??
✤ It has family ties for me, because my
Grandfather and Great Aunt were born
here
✤ Wi-Fi is everywhere
✤ Very green and lush forests-capes for
nature documentaries
✤ 2000 different islands to explore
✤ Very historical Paide, Estonia
Image Credit: https://unsplash.com/photos/p9ghIQGyFms
XIX.
References P1:
✤ Around The World. (2020, January 21). Tallinn 8K. YouTube. https://youtu.be/lQN1TLws1vM.
✤ Central Intelligence Agency. (n.d.). Explore All Countries-Estonia. Central Intelligence Agency. https://www.cia.gov/the-world-
factbook/countries/estonia/.
✤ Estonia - Infrastructure, power, and communications. Encyclopedia of the Nations. (n.d.).
https://www.nationsencyclopedia.com/economies/Europe/Estonia-INFRASTRUCTURE-POWER-AND-COMMUNICATIONS.html.
✤ Estonia. OEC. (n.d.). https://oec.world/en/profile/country/est?yearSelector1=exportGrowthYear25.
✤ Estonia. OECD Better Life Index. (n.d.).
http://www.oecdbetterlifeindex.org/countries/estonia/#:~:text=In%20Estonia%2C%20the%20average%20household,much%20as%20the%20bott
om%2020%25.
✤ Estonia: Government. >> globalEDGE: Your source for Global Business Knowledge. (n.d.).
https://globaledge.msu.edu/countries/estonia/government.
✤ Filming in Estonia - Fixer Estonia - Filming Permits. Fixer Estonia. (2019). https://www.fixerestonia.com/filming-estonia/.
✤ Follow us. (2021, March 2). Estonia GDP - Gross Domestic Product 2020. countryeconomy.com. https://countryeconomy.com/gdp/estonia.
XX.
References P2:
✤ ID-card - e-Estonia. e-estonia. (2019, October 18). https://e-estonia.com/solutions/e-identity/id-card/.
✤ Ihs. (2018, February 28). Estonia. GardaWorld. https://www.garda.com/crisis24/country-reports/estonia.
✤ Infoplease. (n.d.). Estonia. Infoplease. https://www.infoplease.com/world/countries/estonia.
✤ Nature and climate. Study in Estonia. (n.d.). https://www.studyinestonia.ee/estonia/nature-and-climate.
✤ O'Neill, A. (2021, May 4). Estonia - Inflation rate 2026. Statista. https://www.statista.com/statistics/375201/inflation-rate-in-estonia/.
✤ Ostermiller, S. (n.d.). Estonian Kroon (EEK) and United States Dollar (USD) Currency Exchange Rate Conversion Calculator.
currency conversion. https://coinmill.com/EEK_USD.html.
✤ United States. OECD Better Life Index. (n.d.). http://www.oecdbetterlifeindex.org/countries/united-states/.
✤ Williams, B. (2021, February 3). 9 Reasons Why Estonia Should Be Your Next Travel Destination. Road Affair.
https://www.roadaffair.com/visit-estonia/.
XXI.

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Estonia presentation

  • 1. Date: 5/26/2021 Republic of Estonia Macroeconomics Film Location Presentation: Levi Leitma & Grayson Meeks
  • 2.
  • 3. Geography Estonia is located in the North Eastern part of Europe, next to Russia and just South of Finland Estonia used to be part of the USSR, but gained its Independence in 1918 and Restored their independence from the USSR in 1991 III.
  • 4. Climate ✤ Average Temps in Estonia are around the mid-60s F in the summertime ✤ Winter is around the mid-teens (13-19 F) IV.
  • 5. Structure of Government: - Parliamentary Republic System - Executive - - Judicial - - Legislative - V.
  • 6. Currency • Beginning in 2011, Estonia switched to the Euro, which as of 2021, was equivalent to 0.82 USD. • Prior to 2011, they operated using the Estonian Kroon which held a value of 12.81 in USD. Image Credit: https://upload.wikimedia.org/wikipedia/commons/0/0b/Euro_Series_B anknotes_%282019%29.jpg VI. 1 Estonian Kroon
  • 7. GDP(Trend) VII. -5% -2% 0% 2% 5% 7% 2012 2013 2014 2015 2016 2017 2018 2019 2020 GDP Growth (%) Years Annual GDP of Estonia
  • 9. Wealth Distribution Lower 20 Percentile Higher 20 Percentile 6x Difference in Wealth The United States has a wealth difference of 9x Average HouseHold Income Estonia United States $19,697 USD $45,284 USD IX.
  • 10. Enemies or Terrorism Occurrences ✤ They have very little terrorism activities. ✤ Attacks have include cyber vandalism against government websites, with suspicions pointing to the Kremlin terrorist group operating out of Russia. ✤ “ X. Image Credit: https://cdn.nextgov.com/media/img/cd/2018/10/02/100218cyberattacksNG/860x394.jpg?1618305557
  • 11. Labor Force Composition Most Jobs are located in the capital, Tallinn “Unlike in many other countries Estonia has a high level of employment among women — they constitute 50.4% of the workforce, there is less unemployment among them, and of the women of working age 55% are employed.” XI. Employ ed 91% Self- Employed 5% Entrpreneur s 4%
  • 12. Inflation Rate (Trend) Rising Trend in Inflation Rates 3.9% Increase in Inflation However, it's -0.63% down from 2.2% of last year XII.
  • 13. Infrastructure (Transports and Utilities) •7,000 Paved Roads •50 Miles of Expressways •200 Miles of Waterways •Electricity •Gas •Technology Utilities: Infrastructure: XIII.
  • 14. Main Exports XIV. Finland ($2.29B) — Sweden ($1.56B) — Latvia ($1.42B) — Russia ($1.4B) — United States ($1.13B) $969M $842M $667M $628M $453M 0 250 500 750 1000 1250 Broadcasting Equipment Petroleum Coal Tar Oil Cars Prefabricated Buildings Value of Exports in Millions Most Common Destinations of Exports
  • 15. Main Imports XV. $1B $1B $1B $0B $0B $0.00 $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $1.40 $1.60 Cars Refined Petroleum Coal Tar Oil Broadcasting Equipment Medicaments Import Money in Billions Top Import Partners Russia ($2.5B) Germany ($1.94B) Finland ($1.79B) Lithuania ($1.5B) Latvia ($1.46B)
  • 16. Population Demographics 69% 30% 1% 1% Languages of Estonia Estonian Russian Ukranian Other 69% 25% 2% 1% 1% 3% Ethnicities Estonian Russian Ukranian Belarusian Finn Other 10% 16% 2% 1% 54% 17% Religions Lutheran Orthodox Christian Other None Unspecified XVI.
  • 17. Cost to get to Estonia? Flights average a total of 1200 USD XVII. Image Credit: https://www.travelanddestinations.com/wp- content/uploads/2017/10/Top-Instagram-and-Photography-Spots-in- Tallinn.jpg
  • 18. Filming Regulations XVIII. Covid-19 Special Regulations: 2+2 Rule, requires a minimum of 2 meters between others Masks and hand sanitizer must be used and supplied on set Requires Permits for Filming in Public Spaces: Allow for 40 days for processing permits, if filming interferes with public transportation 30 Days if the shoot will continue past 11pm All other cases, permits take up to 2 weeks
  • 19. Why Estonia?? ✤ It has family ties for me, because my Grandfather and Great Aunt were born here ✤ Wi-Fi is everywhere ✤ Very green and lush forests-capes for nature documentaries ✤ 2000 different islands to explore ✤ Very historical Paide, Estonia Image Credit: https://unsplash.com/photos/p9ghIQGyFms XIX.
  • 20. References P1: ✤ Around The World. (2020, January 21). Tallinn 8K. YouTube. https://youtu.be/lQN1TLws1vM. ✤ Central Intelligence Agency. (n.d.). Explore All Countries-Estonia. Central Intelligence Agency. https://www.cia.gov/the-world- factbook/countries/estonia/. ✤ Estonia - Infrastructure, power, and communications. Encyclopedia of the Nations. (n.d.). https://www.nationsencyclopedia.com/economies/Europe/Estonia-INFRASTRUCTURE-POWER-AND-COMMUNICATIONS.html. ✤ Estonia. OEC. (n.d.). https://oec.world/en/profile/country/est?yearSelector1=exportGrowthYear25. ✤ Estonia. OECD Better Life Index. (n.d.). http://www.oecdbetterlifeindex.org/countries/estonia/#:~:text=In%20Estonia%2C%20the%20average%20household,much%20as%20the%20bott om%2020%25. ✤ Estonia: Government. >> globalEDGE: Your source for Global Business Knowledge. (n.d.). https://globaledge.msu.edu/countries/estonia/government. ✤ Filming in Estonia - Fixer Estonia - Filming Permits. Fixer Estonia. (2019). https://www.fixerestonia.com/filming-estonia/. ✤ Follow us. (2021, March 2). Estonia GDP - Gross Domestic Product 2020. countryeconomy.com. https://countryeconomy.com/gdp/estonia. XX.
  • 21. References P2: ✤ ID-card - e-Estonia. e-estonia. (2019, October 18). https://e-estonia.com/solutions/e-identity/id-card/. ✤ Ihs. (2018, February 28). Estonia. GardaWorld. https://www.garda.com/crisis24/country-reports/estonia. ✤ Infoplease. (n.d.). Estonia. Infoplease. https://www.infoplease.com/world/countries/estonia. ✤ Nature and climate. Study in Estonia. (n.d.). https://www.studyinestonia.ee/estonia/nature-and-climate. ✤ O'Neill, A. (2021, May 4). Estonia - Inflation rate 2026. Statista. https://www.statista.com/statistics/375201/inflation-rate-in-estonia/. ✤ Ostermiller, S. (n.d.). Estonian Kroon (EEK) and United States Dollar (USD) Currency Exchange Rate Conversion Calculator. currency conversion. https://coinmill.com/EEK_USD.html. ✤ United States. OECD Better Life Index. (n.d.). http://www.oecdbetterlifeindex.org/countries/united-states/. ✤ Williams, B. (2021, February 3). 9 Reasons Why Estonia Should Be Your Next Travel Destination. Road Affair. https://www.roadaffair.com/visit-estonia/. XXI.