Estonia

Economic Freedom Rating, 5-Yr Change - Estonia Compared to Continent

Footnote

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Bosnia & H.	32.31%
Romania	21.55%
Turkey	17.08%
Slovak Rep.	16.54%
Belarus	12.42%
Albania	11.51%
France	10.46%
Bulgaria	10.38%
Denmark	8.24%
Malta	8.03%
Hungary	6.67%
Belgium	4.94%
Slovenia	4.93%
Iceland	4.10%
Latvia	3.56%
Austria	3.52%
Netherlands	2.94%
UK	2.67%
Norway	2.60%
Croatia	2.49%
Greece	2.11%
Germany	2.03%
Ireland	1.76%
Macedonia	1.72%
Lithuania	1.65%
Czech Rep.	1.56%
Finland	1.54%
Spain	1.27%
Switzerland	0.91%
Sweden	0.53%
Estonia	0.05%
Ukraine	-0.04%
Portugal	-0.99%
Russia	-1.79%
Moldova	-2.65%
Cyprus	-2.75%
Italy	-2.85%
Poland	-3.77%
Luxembourg	-5.93%

Estonia: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a country’s score on the Heritage Foundation’s freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

Estonia has high-quality housing statistics, generated by the Statistical Office of Estonia (SOE). Data on house prices, house sales and construction activities, as well as general economics statistics are all available from the SOE. The Bank of Estonia is also a good source of economics statistics and reviews. Ober-Haus Real Estate Company has market reports, press clippings and other information, but its statistics are not reliable. The Pan-European Institute releases economic reviews.