Inflation rates by country and year

-0.5%22.1%44.7%67.2%89.8%
-0.5%22.1%44.7%67.2%89.8%
199389.8%
2009-0.1%
20254.8%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate4.8%

Behind the curve

Turning points in Estonia

  1. 1993↑ Upward pressure

    The economy of Estonia — Wikipedia (opens in a new tab)

    The early post-Soviet transition and currency reform produced high inflation before the kroon anchored prices.

    Bank of Estonia
  2. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    The 2007–08 global food and fuel surge pushed Estonian inflation to a peak in 2008.

    Bank of Estonia
  3. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher energy and food prices pushed Estonian inflation to among the euro area's highest in 2022.

    Bank of Estonia

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Estonia?

The annual inflation rate in Estonia was 4.8% in 2025, the most recent year in the World Bank dataset. That means prices rose 4.8% on average compared with the year before. Use the chart above to explore Estonia's full inflation history from 1993 to 2025, and to compare it with any other country.

How inflation in Estonia has changed

Inflation in Estonia peaked at 89.8% in 1993 and reached its lowest point at -0.5% in 2015. Averaged across the 33 years of available data (1993–2025), the rate has been 9.7% per year.

Frequently asked questions about inflation in Estonia

What is the current inflation rate in Estonia?

The latest available annual figure is 4.8% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Estonia's statistical office.

What was the highest inflation rate in Estonia?

The highest annual inflation rate on record is 89.8%, reached in 1993.

What was the lowest inflation rate in Estonia?

The lowest annual inflation rate on record is -0.5%, recorded in 2015.

Where does the inflation data for Estonia come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.