Analytics, Baltic States – CIS, Economics, EU – Baltic States, Markets and Companies

Estonia scored 4.85 points on a seven-point scale. The rankings were topped by Switzerland with 5.9 points, followed by the United States and Singapore. The countries at the bottom of the scoreboard were Chad, Mozambique and Yemen.

In sub-indexes, Estonia ranked 15th with 6.07 points for macroeconomic environment and scored 5.02 points for labor market efficiency. The lowest score given to Estonia was 3.1 points for market size, by which indicator Estonia placed 98th overall.

The most problematic factors for doing business in Estonia, according to the report, are tax rates and inadequately educated workforce.

Lithuania's showing was the worst in innovations and business sophistication, ranking 44th in the subindex, with business sophistication listed as the worst at 46 th and innovations a bit better at 41st.

The country was listed 40th in the subindex of efficiency enhancers and 34th in the subindex of main requirements.