Estonia

Estonia's real economy grew just +0.6%, yet US$ GDP rose 9.0% to US$47.0 billion, mostly through exchange-rate and price effects rather than output. The economy held 103rd place, between Libya and Nepal. Services account for 65.8% of output, industry 19.7%, manufacturing 10.8% and agriculture 1.6%. Inflation ran at 4.8% and unemployment at 8.3%, while government gross debt stood at a low 24.0% of GDP.

With only 1.4 million people, Estonia ranks far higher on income than on size: GDP per capita of US$34,418 places it 42nd of 196, and 48th on a PPP basis at $52,106 international dollars. Its economy is about the size of the Toledo, OH metro area. In 2000, GDP was US$5.7 billion and Estonia ranked 113th; US$ GDP has since grown 8.3 times. The IMF projects a +30% rise to US$61.0 billion by 2030, which would place it 100th.