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Inflation rates in Estonia

The inflation rate for consumer prices in Estonia moved over the past 28 years between -0.5% and 89.8%. For 2021, an inflation rate of 4.7% was calculated.

During the observation period from 1993 to 2021, the average inflation rate was 10.1% per year. Overall, the price increase was 993.49%. An item that cost 100 Euro in 1993 cost 1,093.49 Euro in the beginning of 2022.

For August 2022, the year-over-year inflation rate was 24.8%.
This includes energy (+98.1%) and food (+21.4%).


Inflation rates in global comparison


Back to overview: Estonia

Performance over the last 28 years compared with the USA

In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1992:Performance in Estonia

      Estonia       USA


Inflation calculator for Estonia

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1000 Euro in 1993 corresponds to 10,934.87 Euro at the beginning of 2022 due to inflation.

Original amount in Euro:


Start year:


End year:


Inflation rates for consumer goods in Estonia

Inflation rates for consumer goods in Estonia

Energy and food

Food and energy inflation in Estonia

      Energy       Food

Historical inflation rates in comparison

YearEstoniaØ EUØ USAØ World
20214.65 %2.55 %4.70 %3.42 %
2020-0.44 %0.50 %1.23 %1.92 %
20192.28 %1.63 %1.81 %2.19 %
20183.44 %1.74 %2.44 %2.44 %
20173.42 %1.43 %2.13 %2.19 %
20160.15 %0.18 %1.26 %1.55 %
2015-0.49 %-0.06 %0.12 %1.43 %
2014-0.11 %0.20 %1.62 %2.35 %
20132.78 %1.22 %1.46 %2.62 %
20123.93 %2.66 %2.07 %3.73 %
20114.98 %3.29 %3.16 %4.82 %
20102.97 %1.53 %1.64 %3.35 %
2009-0.08 %0.84 %-0.36 %2.94 %
200810.36 %4.16 %3.84 %8.95 %
20076.60 %2.51 %2.85 %4.82 %
20064.44 %2.67 %3.23 %4.28 %
20054.08 %2.49 %3.39 %4.11 %
20043.05 %2.29 %2.68 %3.38 %
20031.33 %2.09 %2.27 %3.03 %
20023.57 %2.42 %1.59 %2.83 %
20015.75 %3.37 %2.83 %3.84 %
20004.02 %3.15 %3.38 %3.49 %
19993.30 %2.16 %2.19 %3.08 %
19988.21 %2.42 %1.55 %5.11 %
199710.58 %3.11 %2.34 %5.57 %
199623.05 %3.56 %2.93 %6.55 %
199528.78 %4.43 %2.81 %9.15 %
199447.65 %4.72 %2.61 %10.32 %
199389.81 %4.85 %2.95 %7.51 %

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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