Estonia: GDP to grow 1.8% in 2026, 2.7% in 2027: OECD
Estonia’s GDP growth will accelerate from 0.5% in 2025 to 1.8% in 2026 and 2.7%…
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Estonia’s GDP growth will accelerate from 0.5% in 2025 to 1.8% in 2026 and 2.7% in 2027, the Organisation for Economic Co-operation and Development (OECD) forecasts, ERR reports. The growth will be driven by looser fiscal policy and investment, the report said. Annual inflation will fall from 4.8% in 2025 to 4.1% in 2026 and…
The prime ministers of the Nordic-Baltic Eight (NB8) countries announced that the group would cooperate with Ukraine on military expertise and training, information sharing, and the development of their defence industries and technology, ERR reports. Joining the summit meeting in the Estonian capital, Tallinn, Ukrainian President Volodymyr Zelensky said that Ukraine was ready to supply…
Lithuania’s ruling Social Democratic Party of Lithuania (LSDP) has begun official talks with the opposition Union of Democrats for Lithuania (DSVL) and the Lithuanian Union of Farmers and Greens (LVZS) on forming a new coalition government, ELTA reports. LSDP chairman Mindaugas Sinkevicius met with DSVL leader, MEP Virginijus Sinkevicius, and LVZS leader, MEP Aurelijus Veryga,…
Latvia’s foreign trade turnover totalled EUR 15.01bn at current prices in the first four months of 2026, which was up EUR 589.1mn (4.1%) from the same period of 2025, according to the Central Statistical Bureau’s (CSP) provisional data, LSM reported. The total value of goods exports amounted to EUR 6.94bn (up 2.2%) and imports to…
Estonia’s exports of goods totalled almost EUR 1.8bn at current prices in April 2026, which was up 13% from the same period of 2025, according to Statistics Estonia, ERR reports. Exports of goods of Estonian origin rose by 10%, accounting for 61% of total exports. Re-exports increased by 19% over a year. Meanwhile, imports of…
Employment in Lithuania rose at the fastest pace in the entire EU in the first quarter of 2026, according to Eurostat data, ELTA reported. Lithuania’s employment rate rose by 1.8% over a quarter. Meanwhile, employment in Estonia rose by 0.9% and in Latvia by just 0.1%. However, compared to the first quarter of 2025, the…
Lithuania’s conservative opposition Homeland Union (TS-LKD) remains the country’s most popular political party, according to a new Spinter Tyrimai poll for DELFI, BNS reported. TS-LKD’s support stood at 15.5% in May 2026, which was down from 15.8% in April 2026. The ruling Social Democratic Party of Lithuania (LSDP) came in second with 8.9% (7.6%) and…
Average consumer prices in Latvia rose by 3.5% on year in May 2026, according to data from the Central Statistical Bureau (CSP), LSM reported. The rise in annual inflation was mainly influenced by the increase in transport fuel prices (up 28.2%) and housing-related energy costs (up 5.8%). At the same time, prices for food and…
The International Monetary Fund (IMF) recommended that the Estonian government stabilise public debt by limiting budget spending and increasing revenue, ERR reports. IMF experts warned that if current policies continued, public debt would become unsustainable. GDP growth alone will not solve the country’s long-term challenges, they pointed out. Achieving more sustainable growth would require increasing…