Prices & public finance · Europe & Central Asia · High income
Estonia: prices, money and public finance
Inflation is 4.8% (2025), 44th of 180 in the world and 11th of 49 in Europe & Central Asia. GDP deflator is 3.8% (2025), 86th of 209 in the world and 24th of 56 in Europe & Central Asia. Exchange rate is 0.88 (2025), 182nd of 210 in the world and 36th of 57 in Europe & Central Asia.
Inflation
EstoniaEurope & Central AsiaHigh incomeWorld
GDP deflator
EstoniaEurope & Central AsiaHigh incomeWorld
9 indicators
Prices & public finance: Estonia in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 4.8%2025 | 44/180 | 11/49 | 4.0% | 3.0% | -0.4% | +5.3 ppsince 2015 | 3.7% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.8%2025 | 86/209 | 24/56 | 3.7% | 1.8% | 0.8% | +2.5 ppsince 2015 | 3.6% | 2.6% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 0.882025 | 182/210 | 36/57 | 16.97 | 11.81 | 0.88 | −1.8%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 22.7%2024 | 32/142 | 18/48 | 19.7% | 20.2% | 20.7% | +2.0 ppsince 2014 | 19.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 38.3%2024 | 20/142 | 15/48 | 33.6% | 35.7% | 35.2% | +3.7 ppsince 2014 | 34.7% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 37.7%2023 | 24/142 | 18/47 | 33.4% | 38.2% | 40.9% | +3.6 ppsince 2013 | 38.9% | 30.1% | 28.5% | |
| Private creditDomestic credit to private sector, % of GDP | 60.5%2024 | 51/169 | 19/48 | · | 92.8% | 62.5% | −5.7 ppsince 2014 | 82.1% | 152.1% | 140.3% | |
| Reserves, months of importsTotal reserves in months of imports | 0.72025 | 156/165 | 45/49 | 2.8 | 2.0 | 1.0 | +170%since 2015 | 6.3 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 3.37%2025 | 20/156 | 7/47 | 1.38% | 1.70% | 2.26% | +1.4 ppsince 2015 | 2.83% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+170%0.7 in 2025
Worse than ten years ago
- Inflation+5.3 pp4.8% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Estonia and its neighbours
Countries sharing a land border with Estonia. Latest values since 2005; the highest in each row is marked.
| Indicator | Estonia | Russia | Latvia |
|---|---|---|---|
| Inflation | 4.8%2025 | 8.7%2025 | 3.7%2025 |
| GDP deflator | 3.8%2025 | 4.9%2025 | 3.6%2025 |
| Exchange rate | 0.882025 | 83.652025 | 0.882025 |
| Tax revenue | 22.7%2024 | 10.9%2024 | 17.6%2024 |
| Government revenue | 38.3%2024 | 27.8%2024 | 33.9%2024 |
| Government expense | 37.7%2023 | 30.0%2023 | 34.2%2023 |
| Private credit | 60.5%2024 | 54.6%2021 | 29.3%2024 |
| Reserves, months of imports | 0.72025 | 16.82024 | 2.02025 |
| Military spending | 3.37%2025 | 7.50%2025 | 3.61%2025 |