Costa Rica vs Estonia
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.
Overall: Estonia ranks higher
Estonia scores 78/100 on our composite investment index, ahead of Costa Rica at 60/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
58
Economic strength
Estonia leads
76
68
Political stability
Estonia leads
82
62
Business climate
Estonia leads
82
52
Financial maturity
Estonia leads
74
55
Growth outlook
Estonia leads
72
Macro snapshot
71
GDP (USD bn)
+27.7 bn
43
3.8%
GDP growth (%)
+1.6 pp
2.2%
$13,200
GDP per capita (USD)
-18950.0
$32,150
1.8%
Inflation (%)
-1.7 pp
3.5%
4.5%
FDI (% of GDP)
0.0 pp
4.5%
62%
Public debt (% of GDP)
+42.2 pp
20%
5.2
Population (M)
+3.8M
1.4
Costa Rica: strong sectors
- Technology7.0% of GDP72
- Tourism8.5% of GDP68
- Medical Devices6.0% of GDP65
- Agriculture5.5% of GDP55
Estonia: strong sectors
- IT & Digital9.8% of GDP88
- Financial Services5.8% of GDP75
- Electronics5.5% of GDP72
- Timber & Wood4.2% of GDP68
Frequently asked
Which is better for investment: Costa Rica or Estonia?
Our composite investment index gives Costa Rica a score of 60/100 and Estonia a score of 78/100. Estonia ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Costa Rica a safer market than Estonia?
Risk classification puts Costa Rica as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Estonia as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: Costa Rica or Estonia?
Costa Rica is currently growing at 3.8% per year, vs 2.2% for Estonia. Costa Rica has the faster headline growth rate today.