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Estonia Annual Inflation Rate

Estonia's annual inflation rate fell to 3.52% in 2024, down from 9.16% in 2023, according to World Bank. This represents a decrease of 5.64% from the previous year. Estonia has annual inflation rate higher than the global median (3.52% vs median 3.16%). Compared with the median in Europe, Estonia is higher (3.52% vs regional median 2.76%) and ranks 11th out of 43 countries in Europe.

Yearly Historical Data (1993-2024)

(in %)
Year Annual Inflation Rate (%)
2024 3.52%
2023 9.16%
2022 19.4%
2021 4.65%
2020 -0.44%
2019 2.28%
2018 3.44%
2017 3.42%
2016 0.15%
2015 -0.49%
2014 -0.11%
2013 2.78%
2012 3.93%
2011 4.98%
2010 2.97%
2009 -0.08%
2008 10.36%
2007 6.6%
2006 4.44%
2005 4.08%
2004 3.05%
2003 1.33%
2002 3.57%
2001 5.75%
2000 4.02%
1999 3.3%
1998 8.21%
1997 10.58%
1996 23.05%
1995 28.78%
1994 47.65%
1993 89.81%
Estonia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Estonia.