Price level ratio of PPP conversion factor (GDP) to market exchange in Estonia

Estonia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6318 in 2024. ▲ Rising

Latest (2024)
0.6318
Change on year
down 1.9%
World rank
50th
of 202 countries
All-time high
0.7984
in 2008
All-time low
0.432
in 2000
Years of data
32
1993–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Estonia, 1993–2024

00.20.40.60.81993200820241993: 0.4621994: 0.4731995: 0.4841996: 0.4911997: 0.4621998: 0.4841999: 0.4922000: 0.4322001: 0.4372002: 0.4582003: 0.5482004: 0.6132005: 0.6262006: 0.6532007: 0.7542008: 0.7982009: 0.7182010: 0.6782011: 0.7122012: 0.6692013: 0.6942014: 0.72015: 0.5962016: 0.5842017: 0.6042018: 0.6362019: 0.5922020: 0.5882021: 0.6322022: 0.5952023: 0.6442024: 0.632

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Estonia stood at 0.6318.

That represents a change of down 1.9% on the previous year and down 9.7% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Estonia peaked at 0.7984 in 2008 and was at its lowest, 0.432, in 2000.

Estonia ranks 50th of 202 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Estonia, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Estonia, 1993 to 2024.
Year Value Change
1993 0.4623
1994 0.4728 +2.3%
1995 0.484 +2.4%
1996 0.4908 +1.4%
1997 0.4616 -5.9%
1998 0.4844 +4.9%
1999 0.4923 +1.6%
2000 0.432 -12.2%
2001 0.4367 +1.1%
2002 0.458 +4.9%
2003 0.5485 +19.8%
2004 0.6132 +11.8%
2005 0.626 +2.1%
2006 0.6534 +4.4%
2007 0.7542 +15.4%
2008 0.7984 +5.9%
2009 0.7184 -10.0%
2010 0.6784 -5.6%
2011 0.7121 +5.0%
2012 0.6695 -6.0%
2013 0.6938 +3.6%
2014 0.7 +0.9%
2015 0.5963 -14.8%
2016 0.5843 -2.0%
2017 0.6043 +3.4%
2018 0.6362 +5.3%
2019 0.5918 -7.0%
2020 0.5885 -0.6%
2021 0.6317 +7.3%
2022 0.5952 -5.8%
2023 0.644 +8.2%
2024 0.6318 -1.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4783 0.4616 0.4923 7
2000s 0.6039 0.432 0.7984 10
2010s 0.6467 0.5843 0.7121 10
2020s 0.6182 0.5885 0.644 5

Countries ranked near Estonia

  1. 47 Uruguay 0.6564 compare
  2. 48 Saint Kitts and Nevis 0.6406 compare
  3. 49 United Arab Emirates 0.6334 compare
  4. 51 Cyprus 0.6312 compare
  5. 52 Papua New Guinea 0.6293 compare
  6. 53 Malta 0.6286 compare

See the full ranking of 202 places →

More population data for Estonia

All data for Estonia →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Estonia?
Price level ratio of ppp conversion factor (gdp) to market exchange in Estonia was 0.6318 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Estonia?
The highest recorded value was 0.7984 in 2008.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Estonia?
The lowest recorded value was 0.432 in 2000.
How does Estonia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Estonia ranks 50th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Estonia?
Over the last ten years it is down 9.7%. The long-run trend across the full record is rising.
Where does this Estonia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Estonia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/estonia/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release