The 2010 CIA World Factbook. United States. Central Intelligence Agency

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WIPO, WMO, WTO

      Diplomatic representation in the US:

      chief of mission: Ambassador Vaino REINART

      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 Michael C. POLT

      embassy: Kentmanni 20, 15099 Tallinn

      mailing address: use embassy street address

      telephone: [372] 668–8100

      FAX: [372] 668–8265

      Flag description:

      three equal horizontal bands of blue (top), black, and white; various interpretations are linked to the flag colors; blue represents faith, loyalty, and devotion, while also reminiscent of the sky, sea, and lakes of the country; black symbolizes the soil of the country and the dark past and suffering endured by the Estonian people; white refers to the striving towards enlightenment and virtue, and is the color of birch bark and snow, as well as summer nights illuminated by the midnight sun

      National anthem:

      name: "Mu isamaa, mu onn ja room" (My Native Land, My Pride and Joy)

      lyrics/music: Johann Voldemar JANNSEN/Fredrik PACIUS

      note: adopted 1920, though banned between 1940 and 1990 under Soviet occupation; the anthem, used in Estonia since 1869, shares the same melody with that of Finland but has different lyrics

      Economy ::Estonia

      Economy - overview:

      Estonia, a 2004 European Union entrant, has a modern market-based economy and one of the higher per capita income levels in Central Europe and the Baltic region. Estonia's successive governments have pursued a free market, pro-business economic agenda and have wavered little in their commitment to pro-market reforms. The current government has pursued relatively sound fiscal policies that have resulted in balanced budgets and very low public debt. The economy benefits from strong electronics and telecommunications sectors and strong trade ties with Finland, Sweden, and Germany. Tallinn's priority has been to sustain high growth rates - on average 8% per year from 2003 to 2007. Estonia's economy slowed down markedly and fell sharply into recession in mid-2008, primarily as a result of an investment and consumption slump following the bursting of the real estate market bubble. GDP dropped nearly 15% in 2009, among the world's highest rates of contraction. A modest recovery began in 2010, but unemployment stands above 13%. Estonia adopted the euro in January 2011.

      GDP (purchasing power parity):

      $24.53 billion (2010 est.) country comparison to the world: 114 $24.07 billion (2009 est.)

      $27.96 billion (2008 est.)

      note: data are in 2010 US dollars

      GDP (official exchange rate):

      $19.22 billion (2010 est.)

      GDP - real growth rate:

      1.9% (2010 est.) country comparison to the world: 153 −13.9% (2009 est.)

      −5.1% (2008 est.)

      GDP - per capita (PPP):

      $19,000 (2010 est.) country comparison to the world: 63 $18,500 (2009 est.)

      $21,400 (2008 est.)

      note: data are in 2010 US dollars

      GDP - composition by sector:

      agriculture: 2.5%

      industry: 28.7%

      services: 68.8% (2010 est.)

      Labor force:

      688,000 (2010 est.) country comparison to the world: 150

      Labor force - by occupation:

      agriculture: 2.8%

      industry: 22.7%

      services: 74.5% (2008)

      Unemployment rate:

      13.5% (2010 est.) country comparison to the world: 140 13.8% (2009 est.)

      Population below poverty line:

      19.5% (2007)

      Household income or consumption by percentage share:

      lowest 10%: 2.7%

      highest 10%: 27.7% (2004)

      Distribution of family income - Gini index:

      34 (2008) country comparison to the world: 91 37 (1999)

      Investment (gross fixed):

      22.5% of GDP (2010 est.) country comparison to the world: 61

      Public debt:

      7.7% of GDP (2010 est.) country comparison to the world: 125 7.1% of GDP (2009 est.)

      Inflation rate (consumer prices):

      2.4% (2010 est.) country comparison to the world: 71 −0.1% (2009 est.)

      Commercial bank prime lending rate:

      9.39% (31 December 2009 est.) country comparison to the world: 112 8.55% (31 December 2008 est.)

      Stock of narrow money:

      $5.345 billion (31 December 2010 est) country comparison to the world: 85 $5.822 billion (31 December 2009 est)

      Stock of broad money:

      $10.7 billion (31 December 2010 est.) country comparison to the world: 98 $11.37 billion (31 December 2009 est.)

      Stock of domestic credit:

      $18.94 billion (31 December 2010 est.) country comparison to the world: 79 $20.32 billion (31 December 2009 est.)

      Market value of publicly traded shares:

      $2.654 billion (31 December 2009) country comparison to the world: 94 $1.95 billion (31 December 2008)

      $6.037 billion (31 December 2007)

      Agriculture - products:

      potatoes, vegetables; livestock and dairy products; fish

      Industries:

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