Palma ratio in Estonia

Estonia: Palma ratio was 1.11 in 2023. ▼ Falling

Latest (2023)
1.11
Change on year
down 8.2%
World rank
92nd
of 120 countries
All-time high
1.82
in 1993
All-time low
1.08
in 2018
Years of data
22
1993–2023

Palma ratio in Estonia, 1993–2023

00.511.521993200820231993: 1.82003: 1.62004: 1.32005: 1.32006: 1.32007: 1.12008: 1.22009: 1.22010: 1.22011: 1.22012: 1.22013: 1.42014: 1.42015: 1.22016: 1.12017: 1.12018: 1.12019: 1.12020: 1.12021: 1.22022: 1.22023: 1.1

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

The most recent figure for palma ratio in Estonia is 1.11, measured in 2023.

Compared with earlier readings it is down 8.2% on the previous year and down 20.2% over ten years.

Over the whole period, palma ratio in Estonia peaked at 1.82 in 1993 and was at its lowest, 1.08, in 2018.

That places Estonia 92nd out of 120 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Palma ratio in Estonia, year by year

Annual values for Palma ratio in Estonia, 1993 to 2023.
Year Value Change
1993 1.82
2003 1.57 -14.0%
2004 1.3 -17.1%
2005 1.3 -0.2%
2006 1.33 +2.6%
2007 1.14 -14.1%
2008 1.2 +4.9%
2009 1.17 -2.8%
2010 1.19 +1.7%
2011 1.22 +2.4%
2012 1.25 +2.5%
2013 1.4 +12.1%
2014 1.36 -2.4%
2015 1.22 -10.6%
2016 1.12 -7.8%
2017 1.08 -4.3%
2018 1.08 -0.0%
2019 1.11 +3.6%
2020 1.11 -0.1%
2021 1.19 +7.2%
2022 1.21 +1.7%
2023 1.11 -8.2%

Estonia compared with similar countries

  • Estonia's 1.11 is below the median for high income countries, which is 1.23, 91% of the median. (42 countries reporting)
  • Estonia's 1.11 is below the median for Europe & Central Asia, which is 1.13, 99% of the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.82 1.82 1.82 1
2000s 1.29 1.14 1.57 7
2010s 1.2 1.08 1.4 10
2020s 1.16 1.11 1.21 4

Countries ranked near Estonia

  1. 89 Ethiopia 1.17 compare
  2. 90 Hungary 1.13 compare
  3. 91 Denmark 1.13 compare
  4. 93 Bosnia and Herzegovina 1.11 compare
  5. 94 Nepal 1.11 compare
  6. 95 Croatia 1.1 compare

See the full ranking of 120 places →

More reference data data for Estonia

All data for Estonia →

Frequently asked questions

What is palma ratio in Estonia?
Palma ratio in Estonia was 1.11 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Estonia?
The highest recorded value was 1.82 in 1993.
What is the lowest palma ratio recorded in Estonia?
The lowest recorded value was 1.08 in 2018.
How does Estonia rank for palma ratio?
Estonia ranks 92nd out of 120 countries with data for 2023.
Is palma ratio rising or falling in Estonia?
Over the last ten years it is down 20.2%. The long-run trend across the full record is falling.
Where does this Estonia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Estonia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/estonia/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.