Estonia has developed at a faster rate since independence than all the other economies in the EU. Also, it has the lowest ratio of government debt to gross domestic product when compared to other members of the EU. Another economic milestone that has been achieved by the country is the generation of approximately 75% of electricity consumption. Also, it has a flat rate income tax and free trade system among other achievements. Further, the growth rate of real GDP (8.0%) is about 5 times the average of the EU.
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