Estonia Inflation Rate 1993-2024
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 2023 was 9.16%, a 10.24% decline from 2022.
- 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 - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
9.16% |
-10.24% |
| 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% |
-42.16% |
