Emissions-weighted carbon price in emissions trading systems in Estonia
Estonia: Emissions-weighted carbon price in emissions trading systems was 26.78 constant 2021 US$ per tonne of CO₂ equivalents in 2025. ◆ Volatile
Emissions-weighted carbon price in emissions trading systems in Estonia, 1989–2025
Source: Dolphin and Merkle (2024) – with minor processing by Our World in Data. Measured in constant 2021 US$ per tonne of CO₂ equivalents.
Analysis
The most recent figure for emissions-weighted carbon price in emissions trading systems in Estonia is 26.78 constant 2021 US$ per tonne of CO₂ equivalents, measured in 2025.
Compared with earlier readings it is up 11.5% on the previous year and up 429.7% over ten years.
Over the whole period, emissions-weighted carbon price in emissions trading systems in Estonia peaked at 32.27 constant 2021 US$ per tonne of CO₂ equivalents in 2022 and was at its lowest, 0 constant 2021 US$ per tonne of CO₂ equivalents, in 1989.
That places Estonia 25th out of 200 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Emissions-weighted carbon price in emissions trading systems in Estonia, year by year
| Year | constant 2021 US$ per tonne of CO₂ equivalents | Change |
|---|---|---|
| 1989 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1990 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1991 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1992 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1993 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1994 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1995 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1996 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1997 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1998 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1999 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2000 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2001 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2002 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2003 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2004 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2005 | 28.2 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2006 | 21.14 constant 2021 US$ per tonne of CO₂ equivalents | -25.0% |
| 2007 | 0.7739 constant 2021 US$ per tonne of CO₂ equivalents | -96.3% |
| 2008 | 18.12 constant 2021 US$ per tonne of CO₂ equivalents | +2241.8% |
| 2009 | 12.91 constant 2021 US$ per tonne of CO₂ equivalents | -28.8% |
| 2010 | 15.04 constant 2021 US$ per tonne of CO₂ equivalents | +16.5% |
| 2011 | 12.79 constant 2021 US$ per tonne of CO₂ equivalents | -15.0% |
| 2012 | 6.6 constant 2021 US$ per tonne of CO₂ equivalents | -48.4% |
| 2013 | 3.85 constant 2021 US$ per tonne of CO₂ equivalents | -41.7% |
| 2014 | 4.76 constant 2021 US$ per tonne of CO₂ equivalents | +23.6% |
| 2015 | 5.06 constant 2021 US$ per tonne of CO₂ equivalents | +6.3% |
| 2016 | 4 constant 2021 US$ per tonne of CO₂ equivalents | -20.8% |
| 2017 | 4.17 constant 2021 US$ per tonne of CO₂ equivalents | +4.1% |
| 2018 | 9.27 constant 2021 US$ per tonne of CO₂ equivalents | +122.4% |
| 2019 | 11.85 constant 2021 US$ per tonne of CO₂ equivalents | +27.8% |
| 2020 | 8.78 constant 2021 US$ per tonne of CO₂ equivalents | -25.9% |
| 2021 | 22 constant 2021 US$ per tonne of CO₂ equivalents | +150.7% |
| 2022 | 32.27 constant 2021 US$ per tonne of CO₂ equivalents | +46.7% |
| 2023 | 30.93 constant 2021 US$ per tonne of CO₂ equivalents | -4.2% |
| 2024 | 24.01 constant 2021 US$ per tonne of CO₂ equivalents | -22.4% |
| 2025 | 26.78 constant 2021 US$ per tonne of CO₂ equivalents | +11.5% |
Estonia compared with similar countries
- Estonia's 26.78 constant 2021 US$ per tonne of CO₂ equivalents is above the median for high income countries, which is 2.68 constant 2021 US$ per tonne of CO₂ equivalents, 10.0× the median. (67 countries reporting)
- Estonia's 26.78 constant 2021 US$ per tonne of CO₂ equivalents is above the median for Europe & Central Asia, which is 18.44 constant 2021 US$ per tonne of CO₂ equivalents, 1.5× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Emissions-weighted carbon price in emissions trading systems in Estonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +2241.8% | 0.7739 constant 2021 US$ per tonne of CO₂ equivalents | 18.12 constant 2021 US$ per tonne of CO₂ equivalents |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 1 |
| 1990s | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 10 |
| 2000s | 8.11 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 28.2 constant 2021 US$ per tonne of CO₂ equivalents | 10 |
| 2010s | 7.74 constant 2021 US$ per tonne of CO₂ equivalents | 3.85 constant 2021 US$ per tonne of CO₂ equivalents | 15.04 constant 2021 US$ per tonne of CO₂ equivalents | 10 |
| 2020s | 24.13 constant 2021 US$ per tonne of CO₂ equivalents | 8.78 constant 2021 US$ per tonne of CO₂ equivalents | 32.27 constant 2021 US$ per tonne of CO₂ equivalents | 6 |
Countries ranked near Estonia
- 22 New Zealand 30.26 constant 2021 US$ per tonne of CO₂ equivalents compare
- 23 Ireland 30.22 constant 2021 US$ per tonne of CO₂ equivalents compare
- 24 France 28 constant 2021 US$ per tonne of CO₂ equivalents compare
- 26 Lithuania 25.18 constant 2021 US$ per tonne of CO₂ equivalents compare
- 27 Hungary 23.26 constant 2021 US$ per tonne of CO₂ equivalents compare
- 28 United Kingdom 20.26 constant 2021 US$ per tonne of CO₂ equivalents compare
More climate change data for Estonia
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 22.20 million kg (2050)
- Emissions from livestock — Emissions (CO2eq) 871.8 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 170.85 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 700.96 kt (2050)
- Emissions from livestock — Emissions 0.6447 kt (2050)
- Emissions from livestock — Emissions 25.03 kt (2050)
- Emissions from crops — Emissions (CO2eq) 178.32 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 175.54 kt (2050)
- Emissions from crops — Emissions (CO2eq) from CH4 2.79 kt (2050)
- Emissions from crops — Emissions 0.6624 kt (2050)
Frequently asked questions
- What is emissions-weighted carbon price in emissions trading systems in Estonia?
- Emissions-weighted carbon price in emissions trading systems in Estonia was 26.78 constant 2021 US$ per tonne of CO₂ equivalents in 2025, according to Dolphin and Merkle (2024) – with minor processing by Our World in Data.
- What is the highest emissions-weighted carbon price in emissions trading systems recorded in Estonia?
- The highest recorded value was 32.27 constant 2021 US$ per tonne of CO₂ equivalents in 2022.
- What is the lowest emissions-weighted carbon price in emissions trading systems recorded in Estonia?
- The lowest recorded value was 0 constant 2021 US$ per tonne of CO₂ equivalents in 1989.
- How does Estonia rank for emissions-weighted carbon price in emissions trading systems?
- Estonia ranks 25th out of 200 countries with data for 2025.
- Is emissions-weighted carbon price in emissions trading systems rising or falling in Estonia?
- Over the last ten years it is up 429.7%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as part of Emissions-weighted carbon price in emissions trading systems. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.