Inflation, consumer prices in Estonia
Estonia: Inflation, consumer prices was 3.52 in 2024. ◆ Volatile
Latest (2024)
3.52
Change on year
down 61.6%
World rank
24th
of 70 countries
All-time high
89.81
in 1993
All-time low
-0.4923
in 2015
Years of data
32
1993–2024
Inflation, consumer prices in Estonia, 1993–2024
Source: UNICEF.
Analysis
In 2024, inflation, consumer prices in Estonia stood at 3.52.
The figure is down 61.6% on the previous year and up 3,414.7% over ten years.
Over the whole period, inflation, consumer prices in Estonia peaked at 89.81 in 1993 and was at its lowest, -0.4923, in 2015.
Estonia ranks 24th of 70 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 89.81 | — |
| 1994 | 47.65 | -46.9% |
| 1995 | 28.78 | -39.6% |
| 1996 | 23.05 | -19.9% |
| 1997 | 10.58 | -54.1% |
| 1998 | 8.21 | -22.4% |
| 1999 | 3.3 | -59.8% |
| 2000 | 4.02 | +21.9% |
| 2001 | 5.75 | +43.0% |
| 2002 | 3.57 | -37.9% |
| 2003 | 1.33 | -62.6% |
| 2004 | 3.05 | +128.3% |
| 2005 | 4.08 | +33.8% |
| 2006 | 4.44 | +8.8% |
| 2007 | 6.6 | +48.8% |
| 2008 | 10.36 | +57.0% |
| 2009 | -0.0784 | -100.8% |
| 2010 | 2.97 | -3890.5% |
| 2011 | 4.98 | +67.6% |
| 2012 | 3.93 | -21.0% |
| 2013 | 2.78 | -29.3% |
| 2014 | -0.1062 | -103.8% |
| 2015 | -0.4923 | +363.7% |
| 2016 | 0.1487 | -130.2% |
| 2017 | 3.42 | +2198.3% |
| 2018 | 3.44 | +0.6% |
| 2019 | 2.28 | -33.7% |
| 2020 | -0.4445 | -119.5% |
| 2021 | 4.65 | -1146.8% |
| 2022 | 19.4 | +316.9% |
| 2023 | 9.16 | -52.8% |
| 2024 | 3.52 | -61.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.2 | 3.3 | 89.81 | 7 |
| 2000s | 4.31 | -0.0784 | 10.36 | 10 |
| 2010s | 2.33 | -0.4923 | 4.98 | 10 |
| 2020s | 7.26 | -0.4445 | 19.4 | 5 |
Countries ranked near Estonia
- 21 Algeria 4.05 compare
- 22 Poland 3.79 compare
- 23 Hungary 3.7 compare
- 25 North Macedonia 3.49 compare
- 26 Netherlands 3.35 compare
- 27 Montenegro 3.34 compare
More economy & growth data for Estonia
- GNI, Atlas method (current US$), annual growth rate 11.42 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9389 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 32,313 current US$ per person (2025)
- GNI (current US$), annual growth rate 9.72 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.986 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 33,934 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.1 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8725 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 30,031 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 21.15 % change on previous year (2024)
Frequently asked questions
- What is inflation, consumer prices in Estonia?
- Inflation, consumer prices in Estonia was 3.52 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Estonia?
- The highest recorded value was 89.81 in 1993.
- What is the lowest inflation, consumer prices recorded in Estonia?
- The lowest recorded value was -0.4923 in 2015.
- How does Estonia rank for inflation, consumer prices?
- Estonia ranks 24th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Estonia?
- Over the last ten years it is up 3,414.7%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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