Latvia’s central bank, the Bank of Latvia, has lowered its GDP forecast for 2026-2028 markedly, LSM reports. GDP growth will amount to 2.0% in 2026, to 2.4% in 2027, and to 3.0% in 2028, according to the latest forecast. In December 2025, the central bank had projected that the GDP would grow by 2.8% in…
Estonia’s GDP growth will reach 2.4% in 2026 and remain close to 2.5% in 2027 and 2028, according to the Bank of Estonia’s latest forecast, ERR reports. In March 2026, the central bank had projected annual GDP growth of around 2.8%. Strong fiscal stimulus will boost economic growth in 2026, with increased household and public…
Three parties in Lithuania have agreed on a coalition programme and the number of ministerial posts in a new incoming government, LRT and ELTA reported. The Social Democratic Party of Lithuania (LSDP) will have nine ministers, while the Union of Democrats for Lithuania (DSVL) will have three and the Lithuanian Union of Farmers and Greens…
Latvia’s GDP growth will fall from 2.1% in 2025 to 1.9% in 2026, before rising to 2.2% in 2027, the Organisation for Economic Co-operation and Development (OECD) forecasts, LSM reports. Average annual inflation will decline from 3.8% in 2025 to 3.6% in 2026 and 3.2% in 2027, the OECD projects in its latest survey of…
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…
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…
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…