Canada vs Estonia: Venture capital investments
Venture capital investments over time
- Canada
- Estonia
How they compare
Estonia currently reports 0.3399 Percentage of GDP against 0.1845 Percentage of GDP in Canada, a difference of 0.1554 Percentage of GDP.
That makes Estonia's figure about 1.8 times Canada's.
The two have swapped places 3 times across 18 shared years of data; in 2007 it was Canada ahead.
Canada ranks 4th and Estonia ranks 1st of 28 countries.
Across the 3 decades both report, Canada averaged higher in 2 and Estonia in 1.
Head to head by decade
| Decade | Canada | Estonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0842 Percentage of GDP | 0.0225 Percentage of GDP | 0.0617 Percentage of GDP | Canada |
| 2010s | 0.125 Percentage of GDP | 0.0462 Percentage of GDP | 0.0788 Percentage of GDP | Canada |
| 2020s | 0.2623 Percentage of GDP | 0.2764 Percentage of GDP | 0.0141 Percentage of GDP | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher venture capital investments, Canada or Estonia?
- Estonia, at 0.3399 Percentage of GDP against 0.1845 Percentage of GDP in Canada as of 2025.
- What is the difference in venture capital investments between Canada and Estonia?
- 0.1554 Percentage of GDP, with Estonia ahead.
- How many years of comparable data are there for Canada and Estonia?
- 18 years are reported by both, from 2007 to 2025.
- How do Canada and Estonia rank globally for venture capital investments?
- Canada ranks 4th and Estonia ranks 1st of 28 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Venture capital investments (market statistics). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
In the OECD Entrepreneurship Financing Database, venture capital is made up of the sum of early stage (including pre-seed, seed, start-up and other early stage) and later stage venture capital. As there are no harmonised definitions of venture capital stages across venture capital associations and other data providers, original data have been re-aggregated to fit the OECD classification of venture capital by stages. Korea, New Zealand, the Russian Federation and South Africa do not provide breakdowns of venture capital by stage that would allow meaningful international comparisons. The attached table shows the correspondences between original data and OECD harmonised data for venture capital investments by stage. https://webfs-sdd.oecd.org/files/.Stat/VC_INV/VC_OECD_HarmonisedStages.xlsx Venture capital is a form of equity financing particularly relevant for young companies with innovation and growth potential but untested business models and no track record; it replaces or complements traditional bank finance. The development of the venture capital industry is considered an important framework condition to stimulate innovative entrepreneurship. Aggregate data on venture capital provide useful information on trends in the venture capital industry. These data are typically compiled by national or regional Private Equity and Venture Capital Associations, often with the support of commercial data providers. The quality and availability of aggregate data on venture capital have improved considerably in recent years; international comparisons, however, remain complicated because of two main problems. The first difficulty comes from the lack of a standard international definition of venture capital. While there is a general understanding, the definition of the types of investments included in venture capital varies across countries and regions. In some cases, differences are purely linguistic; in others, they are more substantive. The second problem relates to the diverse methodologies employed by data compilers. The completeness and representativeness of venture capital statistics with respect to the venture capital industry of a country will differ depending on how data were collected. The units used are : Millions of US Dollars and share of GDP. OECD statistics contact: stat.contact@oecd.org