Estonia Inflation Rate 1993-2022

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 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.
  • Estonia inflation rate for 2018 was 3.44%, a 0.02% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 7.75%
Hungary 5.11%
Poland 5.06%
United States 4.70%
Lithuania 4.68%
Estonia 4.65%
Chile 4.52%
Iceland 4.44%
New Zealand 3.94%
Czech Republic 3.84%
Norway 3.48%
Kuwait 3.42%
Canada 3.40%
Latvia 3.28%
Slovak Republic 3.15%
Germany 3.14%
Spain 3.09%
Saudi Arabia 3.06%
Bahamas 2.90%
Australia 2.86%
Austria 2.77%
Netherlands 2.68%
Palau 2.66%
Croatia 2.55%
Luxembourg 2.53%
United Kingdom 2.52%
South Korea 2.50%
Cyprus 2.45%
Belgium 2.44%
Ireland 2.36%
Singapore 2.30%
Qatar 2.30%
Finland 2.19%
Sweden 2.16%
Antigua and Barbuda 2.06%
Slovenia 1.92%
Italy 1.87%
Denmark 1.85%
Brunei 1.73%
France 1.64%
Panama 1.63%
Hong Kong 1.57%
Oman 1.55%
Malta 1.50%
Israel 1.49%
Portugal 1.27%
Greece 1.22%
St. Kitts and Nevis 1.20%
Switzerland 0.58%
Japan -0.23%
Bahrain -0.61%
Estonia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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% -42.16%