Estonia Inflation Rate

Last updated: 2023-01-09

Annual inflation

17.62%

YoY ending in Dec 2022

Monthly inflation

-0.11%

December 2022

The graph above shows the annual inflation rates in Estonia for the previous 10 calendar years, from 2013. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Estonia Inflation Calculator.

The current inflation rate in Estonia is 17.62%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in December 2022.

In December 2022, the monthly inflation rate was -0.11.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 YoY 11.31 12.01 15.19 18.88 19.98 21.84 22.86 24.79 23.65 22.50 21.31 17.62
MoM -0.08 1.47 2.65 3.59 1.91 2.71 1.93 2.30 0.32 -1.10 0.86 -0.11
2021 YoY 0.23 0.61 1.13 1.89 3.56 3.81 4.94 5.05 6.66 7.02 8.85 12.14
MoM 0.66 0.84 -0.19 0.37 0.97 1.15 1.09 0.72 1.25 -0.18 1.85 3.03

Historical Annual Inflation Rates from 1998

The table below contains annual inflation rates in Estonia from 1998. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2017 and 2022, the average inflation rate was 5.65%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1998 5.21 - -
1999 3.85 - -
2000 5.03 - -
2001 4.20 - -
2002 2.74 - -
2003 1.02 3.58 -
2004 5.05 3.53 -
2005 3.55 3.55 -
2006 5.14 3.29 -
2007 9.57 3.89 -
2008 6.94 5.67 4.62
2009 -1.68 5.03 4.28
2010 5.72 4.80 4.17
2011 3.73 4.91 4.10
2012 3.44 4.38 4.13
2013 1.40 2.90 4.28
2014 -0.51 2.90 3.96
2015 -0.88 2.20 3.49
2016 2.23 1.24 3.06
2017 3.40 1.14 2.75
2018 3.44 1.27 2.08
2019 1.76 1.74 2.32
2020 -0.79 1.75 1.97
2021 12.14 2.65 1.94
2022 17.62 5.65 3.37

More historical data →