Investor Presentaiton
Governance indicators continue to shine
Institutional effectiveness, rule of law and regulatory quality are clear credit strengths
World governance indicators 2022
100
90
90
80
• Estonia leads most World Governance
Indicators against regional and rating peers
Regulatory quality is among world's highest
• Executive and legislative institutions are
strong even compared to Western European
countries
⚫ The institutionalization of e-government
services weighs positively on efficiency and
effectiveness of the public sector
Additionally, Estonia ranks among the world
leaders on economic and social liberties and
control of corruption indexes
70
60
88 93 81 81 78
72 66 69 75 71
90 85 80 81 81
93 87 88 89 74
90 88 83 83 83
91 90 76 75 78
50
Voice and
Accountability
Political Stability
and Absence of
Violence/Terrorism
Government
Effectiveness
Regulatory Quality
Rule of Law
Control of
Corruption
.
■Estonia
■ Belgium
■Lithuania
Czech Republic
Slovenia
◆ Peer's average *
Source: World Bank; * Peer group composed by Belgium, Lithuania, Czech Republic and Slovenia
Economic freedom index¹
Sustainability competitiveness index¹
Press freedom index¹
0
10
20
30
40
50
0
10
20
30
0
10
20
30
40
50
60
Ireland
3
Estonia
7
Ireland
2
2023 Rank
2023 Rank
2023 Rank
Estonia
6
Latvia
9
Lithuania
7
Latvia
17
Slovenia
10
Estonia
8
Lithuania
20
Czech Rep.
Slovenia
22
Ireland
13
Czech Rep.
14
21
Lithuania
14
Latvia
16
10
37
Czech Rep.
17
Slovakia
17
Slovakia
Belgium
33
Slovakia
26
Belgium
31
43
Belgium
28
Slovenia
50
30
Source: Heritage Foundation
Note: (1) Index rankings are global
Source: SolAbility
Source: Reporters Without Borders
雲雲
REPUBLIC OF ESTONIA
MINISTRY OF FINANCEView entire presentation