New sources of CP violation, beyond the known sources in the standard model (SM), are required to explain the baryon asymmetry of the universe. Measurement of a non-zero permanent electric dipole moment (EDM) in fundamental particles, such as in an electron or a neutron, or in nuclei or atoms, can help us gain a handle on the sources of CP violation, both in the SM and beyond. Multiple mechanisms within the SM can generate CP violating EDMs, \emph{viz.} through the CKM matrix in the weak sector or through the QCD $\bar{\theta}$ parameter in the strong sector. We will estimate the maximum possible EDMs of leptons, certain baryons, select atoms and molecules in the (CKM$\bigoplus\bar{\theta}$) framework, assuming that the EDM wholly originates from either of the two SM mechanisms, independently. These estimates have been presented in light of the current experimental upper limits on the EDMs, in the following systems - leptons: $e^-$, $\mu^-$, $\tau^-$, $\nu_e^0$, $\nu^0_{\mu}$, $\nu^0_{\tau}$, baryons: $n^0$, $p^+$, $\Lambda^0$, $\Sigma^0$, $\Xi^0$, $\Lambda^+_c$, $\Xi^+_c$, atoms: $^{85}$Rb, $^{133}$Cs, $^{210}$Fr, $^{205}$Tl, $^{199}$Hg, $^{129}$Xe, $^{225}$Ra, $^{223}$Rn, and molecules: HfF$^+$, PbO, YbF, ThO, RaF, TlF. EDMs in different systems constrain CP-violating interactions differently \emph{i.e.} the same measured constraint on the EDM in two different systems may not actually be equally constraining on CP violating parameters. Finally, we emphasize the need to measure a non-zero EDM in multiple systems before understanding the origins of these CP-violating EDMs.