HICP - Services in Estonia
Estonia: HICP - Services was 7.3 in 2024. ◆ Volatile
Latest (2024)
7.3
Change on year
down 13.1%
World rank
5th
of 31 countries
All-time high
41.7
in 1996
All-time low
0.1
in 2020
Years of data
29
1996–2024
HICP - Services in Estonia, 1996–2024
Source: European Central Bank.
Analysis
Estonia recorded 7.3 for hicp - services in 2024.
The figure is down 13.1% on the previous year and up 247.6% over ten years.
Over the whole period, hicp - services in Estonia peaked at 41.7 in 1996 and was at its lowest, 0.1, in 2020.
That places Estonia 5th out of 31 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Services in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 41.7 | — |
| 1997 | 16.6 | -60.2% |
| 1998 | 13 | -21.7% |
| 1999 | 9.6 | -26.2% |
| 2000 | 6.9 | -28.1% |
| 2001 | 5.6 | -18.8% |
| 2002 | 4.6 | -17.9% |
| 2003 | 4.3 | -6.5% |
| 2004 | 3.3 | -23.3% |
| 2005 | 3.7 | +12.1% |
| 2006 | 5.2 | +40.5% |
| 2007 | 9.6 | +84.6% |
| 2008 | 10.1 | +5.2% |
| 2009 | 1.3 | -87.1% |
| 2010 | 0.2 | -84.6% |
| 2011 | 3.2 | +1500.0% |
| 2012 | 3.4 | +6.2% |
| 2013 | 2.3 | -32.4% |
| 2014 | 2.1 | -8.7% |
| 2015 | 1.9 | -9.5% |
| 2016 | 1.8 | -5.3% |
| 2017 | 3.7 | +105.6% |
| 2018 | 2.9 | -21.6% |
| 2019 | 3.8 | +31.0% |
| 2020 | 0.1 | -97.4% |
| 2021 | 2.9 | +2800.0% |
| 2022 | 10.5 | +262.1% |
| 2023 | 8.4 | -20.0% |
| 2024 | 7.3 | -13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.23 | 9.6 | 41.7 | 4 |
| 2000s | 5.46 | 1.3 | 10.1 | 10 |
| 2010s | 2.53 | 0.2 | 3.8 | 10 |
| 2020s | 5.84 | 0.1 | 10.5 | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Gross capital formation (current US$), annual growth rate 10.35 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2485 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 8,552 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 5.7 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2199 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 7,568 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.4 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1586 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,457 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.98 % change on previous year (2025)
Frequently asked questions
- What is hicp - services in Estonia?
- Hicp - services in Estonia was 7.3 in 2024, according to European Central Bank.
- What is the highest hicp - services recorded in Estonia?
- The highest recorded value was 41.7 in 1996.
- What is the lowest hicp - services recorded in Estonia?
- The lowest recorded value was 0.1 in 2020.
- How does Estonia rank for hicp - services?
- Estonia ranks 5th out of 31 countries with data for 2024.
- Is hicp - services rising or falling in Estonia?
- Over the last ten years it is up 247.6%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from European Central Bank, published as part of HICP - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under ECB Terms and Conditions (attribution required).