Development of 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 was so charged 1,093.49 Euro in the beginning of 2022.
For April 2022, the year-on-year inflation rate was 18.9%.
This includes in particular energy (+73.0%) and food (+14.6%).
› Inflation rates in global comparison
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Performance over the last 28 years compared to the US
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1992:
Inflation calculator for Estonia
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Euro in 1993 corresponds to an amount of 10,934.87 Euro at the beginning of 2022 due to inflation.Development of inflation rates for consumer goods in Estonia
Energy and food
Historical inflation rates in comparison
| Year | Estonia | Ø USA | Ø World |
|---|---|---|---|
| 2021 | 4.65 % | 4.70 % | 3.42 % |
| 2020 | -0.44 % | 1.23 % | 1.91 % |
| 2019 | 2.28 % | 1.81 % | 2.21 % |
| 2018 | 3.44 % | 2.44 % | 2.44 % |
| 2017 | 3.42 % | 2.13 % | 2.19 % |
| 2016 | 0.15 % | 1.26 % | 1.55 % |
| 2015 | -0.49 % | 0.12 % | 1.43 % |
| 2014 | -0.11 % | 1.62 % | 2.35 % |
| 2013 | 2.78 % | 1.46 % | 2.62 % |
| 2012 | 3.93 % | 2.07 % | 3.73 % |
| 2011 | 4.98 % | 3.16 % | 4.82 % |
| 2010 | 2.97 % | 1.64 % | 3.35 % |
| 2009 | -0.08 % | -0.36 % | 2.94 % |
| 2008 | 10.36 % | 3.84 % | 8.95 % |
| 2007 | 6.60 % | 2.85 % | 4.82 % |
| 2006 | 4.44 % | 3.23 % | 4.28 % |
| 2005 | 4.08 % | 3.39 % | 4.11 % |
| 2004 | 3.05 % | 2.68 % | 3.38 % |
| 2003 | 1.33 % | 2.27 % | 3.03 % |
| 2002 | 3.57 % | 1.59 % | 2.83 % |
| 2001 | 5.75 % | 2.83 % | 3.84 % |
| 2000 | 4.02 % | 3.38 % | 3.49 % |
| 1999 | 3.30 % | 2.19 % | 3.08 % |
| 1998 | 8.21 % | 1.55 % | 5.11 % |
| 1997 | 10.58 % | 2.34 % | 5.57 % |
| 1996 | 23.05 % | 2.93 % | 6.55 % |
| 1995 | 28.78 % | 2.81 % | 9.15 % |
| 1994 | 47.65 % | 2.61 % | 10.32 % |
| 1993 | 89.81 % | 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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