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In 2025, new and existing investors committed to €431M worth of investment decisions with support from Invest Estonia, marking the highest figure on record.
Investment decisions were concentrated primarily in electronics, chemicals, energy, wood processing, machinery, and metals. Around 40% of the total represents entirely new investments, whilst over 30% relates to reinvestments by foreign-owned companies already operating in Estonia. A further fifth comprises planned acquisitions.
A significant factor behind the record was Estonia’s first-ever large-scale investment incentive scheme, introduced last year. In autumn, Enterprise Estonia approved the first three grants under the measure, which together are expected to bring roughly €400M into the Estonian economy — of which €253M qualifies as foreign direct investment.
“Foreign businesses appreciate Estonia’s minimal bureaucracy, digital administration, and tax system compared to the rest of the world,” said Mirjam Helena Eerma, Head of Investment Management at Invest Estonia. According to OECD data, Estonia has also ranked as the world’s most tax-competitive country for twelve consecutive years. With a place among the world’s least corrupt nations, the country ranks joint eighth in Transparency International’s Corruption Perceptions Index (CPI) for 2025 — ahead of such heavyweights as the United Kingdom and the United States.
Looking ahead, Estonia plans to introduce a fast-track permitting process in cooperation with relevant ministries, alongside a new support mechanism targeting investments in the €25–100M range, states the official press release. New loan and guarantee products are also in development.
Invest Estonia’s consultants engage with hundreds of prospective investors annually; last year, foreign companies made over 120 visits to Estonia as a result. When domestic investments are included, total investment decisions supported by Invest Estonia across the Estonian economy reached €760M in 2025. The comparable figures for prior years were €254M (2024), €336M (2023), and €351M (2022).
Under a revised strategy, Invest Estonia will now also actively support outbound investments by Estonian companies, broadening its mandate beyond foreign inward investment attraction.
