Estonia Inflation Rate 1993-2021

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Estonia inflation rate for 2020 was -0.44%, a 2.72% decline from 2019.
  • Estonia inflation rate for 2019 was 2.28%, a 1.16% decline from 2018.
  • Estonia inflation rate for 2018 was 3.44%, a 0.02% increase from 2017.
  • Estonia inflation rate for 2017 was 3.42%, a 3.27% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 9.76%
Saudi Arabia 3.45%
Poland 3.37%
Hungary 3.33%
Czech Republic 3.16%
Chile 3.05%
Iceland 2.85%
Brunei 1.94%
Slovak Republic 1.94%
New Zealand 1.71%
Austria 1.38%
Norway 1.29%
Netherlands 1.27%
United States 1.23%
Lithuania 1.20%
United Kingdom 0.99%
Australia 0.85%
Luxembourg 0.82%
Belgium 0.74%
Canada 0.72%
Malta 0.64%
Trinidad and Tobago 0.60%
South Korea 0.54%
Germany 0.51%
Sweden 0.50%
France 0.48%
Denmark 0.42%
Hong Kong 0.33%
Latvia 0.22%
Bahamas 0.04%
Portugal -0.01%
Japan -0.02%
Slovenia -0.05%
Italy -0.14%
Singapore -0.18%
Spain -0.32%
Ireland -0.33%
Estonia -0.44%
Israel -0.59%
Cyprus -0.64%
Switzerland -0.73%
Oman -0.90%
Greece -1.25%
Panama -1.55%
UAE -2.08%
Bahrain -2.32%
Qatar -2.54%
Estonia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 -0.44% -2.72%
2019 2.28% -1.16%
2018 3.44% 0.02%
2017 3.42% 3.27%
2016 0.15% 0.64%
2015 -0.49% -0.39%
2014 -0.11% -2.89%
2013 2.78% -1.15%
2012 3.93% -1.05%
2011 4.98% 2.01%
2010 2.97% 3.05%
2009 -0.08% -10.44%
2008 10.36% 3.76%
2007 6.60% 2.16%
2006 4.44% 0.36%
2005 4.08% 1.03%
2004 3.05% 1.71%
2003 1.34% -2.24%
2002 3.57% -2.18%
2001 5.75% 1.73%
2000 4.02% 0.72%
1999 3.30% -4.91%
1998 8.21% -2.37%
1997 10.58% -12.47%
1996 23.05% -5.73%
1995 28.78% -18.88%
1994 47.65% -42.16%
1993 89.81% -42.16%