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The service sector plays an important part in the Estonian economy as more than 60% of work force is working in the service branch. Banking and sales have developed significantly in the last ten years. The banking sector went through some turbulence at the beginning of the 1990s but has now gained trustworthiness and stability. Banking has become quick, flexible and sophisticated in terms of IT solutions.
Tourism is the driving force of the economy for several regions, such as the island of Saaremaa and the resort town Pärnu. Spas and health resorts have become tourism attractions for people from Finland and Sweden but also from many other countries in Europe. Because of the small distance and good connections between Estonia and Finland, many tourists come to Tallinn for one-day trips as well as for longer visits.
To find out more about the Estonian service sector, visit Estonica, the encyclopedia about Estonia. |
