Estonia has experienced strong economic growth and development over the past 20 years, becoming one of the most economically free and competitive countries globally by 2007-2008. However, more recently the country has faced challenges as wages have grown faster than productivity and competitiveness, and the economy relies too heavily on low value-added sectors. To continue its success, Estonia needs businesses and individuals to embrace continuous learning, creativity and innovation; improve efficiency and competitiveness; reform education; and increase cooperation at all levels, with support from the EU and by learning from past reforms and changes.
Estonia has experienced strong economic growth and development over the past 20 years, becoming one of the most economically free and competitive countries globally by 2007-2008. However, more recently the country has faced challenges as wages have grown faster than productivity and competitiveness, and the economy relies too heavily on low value-added sectors. To continue its success, Estonia needs businesses and individuals to embrace continuous learning, creativity and innovation; improve efficiency and competitiveness; reform education; and increase cooperation at all levels, with support from the EU and by learning from past reforms and changes.