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Estonia

Euro (EUR)

To keep pace with other European countries and encourage the use of electronic payment methods, Estonia is implementing instant payments. The use of contactless technology is increasing, with many major banks now offering contactless cards. Transportation and ticketing companies are also planning to introduce contactless ticket payments.

Estonia flag

Population

1,330,932

Banked Population:

99.38%

Group 427321246

Main industries

Oil Shale and Service

Group 427321247

Main imports

Refined Petroleum, Cars, Packaged Medicaments, Broadcasting Equipment, and Sawn Wood

Group 427321248

Main exports

Broadcasting Equipment, Refined Petroleum, Coal Tar Oil, Cars, and Prefabricated Buildings

GDP stats

 $27,943.7

Per capita (USD)

 8%

Growth annually

100

World ranking

Internet usage

91%

Smartphone usage

75%

Credit/debit card usage

34.8%

Population transacting electronically

85%

Group 427321245 1

Total volume of digital payments projected to reach

$5.37B (USD)

VOUCHER

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