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Estonia Listed Companies

Number of listed domestic companies  CM.MKT.LDOM.NO

Estonia's listed companies was 14 in 2003, ranked 9th globally. This represents a 0.0% increase from 2002. Data from World Bank, covering 1998–2003.

14 +0 (+0.0%)
Year 2003 Rank #9 Global Peak 25 (1998) Source World Bank

Estonia Listed Companies (1998–2003)

Overview

Estonia's listed companies stood at 14 in 2003, a rise of +0 from 2002. Estonia ranked 9th globally.

Estonia’s number of listed companies fell from 25.00 in 1998, the all‑time peak, to 14.00 in 2003, the all‑time trough and the latest figure reported by the World Bank, placing the country ninth globally in that year. This decline of 11.00 companies over a six‑year span reflects a contraction in the domestic equity market that was more pronounced than in peer Malta, which recorded 14.00 listed firms in the same period, and markedly lower than Bermuda’s 22.00. The reduction coincided with the early 2000s restructuring of Estonia’s financial sector, including the adoption of the euro and tighter regulatory standards, which may have discouraged smaller firms from seeking public listings. While the downward trajectory suggests continued pressure on the market, potential reforms to improve access to capital and incentives for initial public offerings could reverse the trend and stimulate a modest resurgence in listed entities.

Data & projection

Year Listed Companies YoY change Rank
2003 14 +0 #9
2002 14 −3 #9
2001 17 −3 #11
2000 20 −3 #12
1999 23 −2 #17
1998 25 – #18

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +88.9% GDP growth 3.7% C/A balance 2.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Estonia matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw listed companies improve within 24 months. View full analysis →

Frequently Asked Questions

What is Estonia's listed companies?▾

Estonia's listed companies was 14 in 2003. Ranked 9th globally. This represents a 0.0% increase from the previous year.

What was the highest listed companies in Estonia?▾

Estonia's listed companies peaked at 25 in 1998.

What was the lowest listed companies in Estonia?▾

The lowest listed companies in Estonia was 14 in 2002.

How does Estonia rank in listed companies?▾

Estonia ranks 9th globally in listed companies as of 2003.

What is the World Bank indicator code for listed companies?▾

The World Bank indicator code is CM.MKT.LDOM.NO. Data sourced from World Bank.

What is the listed companies of Estonia in 2003?▾

The listed companies of Estonia in 2003 was 14. This ranks 9th in the world.

Cite this page

APA
Estonia Listed Companies. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/estonia/listed-companies/
BibTeX
@misc{historysaid_estonia_listed-companies, title = {Estonia Listed Companies}, url = {https://historysaid.com/estonia/listed-companies/}, publisher = {HistorySaid}, year = {2026} }
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