Estonia Inflation Rate 1960-2024

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 2022 was 19.40%, a 14.75% increase from 2021.
  • Estonia inflation rate for 2021 was 4.65%, a 5.1% increase from 2020.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Trinidad and Tobago 5.83%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Kuwait 3.98%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Isle of Man 0.00%
San Marino 0.00%
Argentina 0.00%
Barbados 0.00%
Faroe Islands 0.00%
Monaco 0.00%
Bermuda 0.00%
Cayman Islands 0.00%
St. Martin (French part) 0.00%
Turks and Caicos Islands 0.00%
Andorra 0.00%
Curacao 0.00%
Seychelles 0.00%
Aruba 0.00%
Guam 0.00%
French Polynesia 0.00%
Sint Maarten (Dutch part) 0.00%
Channel Islands 0.00%
Greenland 0.00%
Virgin Islands (U.S.) 0.00%
New Caledonia 0.00%
Puerto Rico 0.00%
British Virgin Islands 0.00%
Gibraltar 0.00%
Liechtenstein 0.00%
Northern Mariana Islands 0.00%
Estonia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 19.40% 14.75%
2021 4.65% 5.10%
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% 89.81%
1992 0.00% 0.00%
1991 0.00% 0.00%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%