Frontier Markets ETF


Frontier stock market country Estonia

The Frontier Market country of Estonia, not being included in indexes, entered the European Union in 2004. It has a modern market-based economy and one of the highest per capita income levels anywhere in Central Europe. The economy greatly benefits from strong electronics and telecommunications sectors, as well as strong trade between Finland, Sweden, and Germany. The current government has pursued relatively stable fiscal policies, resulting in a balanced budget and very low public debt levels.

  • GDP (purchasing power parity): $29.35 billion (2007)
  • GDP (official exchange rate): $21.2 billion (2007)
  • GDP - real growth rate:
    7.3% (2007)




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