Housing prices in Estonia rose by 5.2% on year in the third quarter of 2025, according to data from Statistics Estonia, ERR reported. The average price of apartments rose by 5.5% and of residential houses by 4.7% over a year. The number of transactions for second-hand housing increased, while the number of purchases of newly-built…
GDP per capita in the Baltic States was highest in Lithuania in 2024, according to preliminary data from Eurostat, BNS reports. Lithuania’s real GDP per capita stood at 87.5% of the EU average in 2024, followed by Estonia with 79.0% and Latvia with 68.4%. Actual individual consumption (AIC) per capita amounted to 88% of the…
Lithuania expects Belarus to honour its pledge to stop smuggler balloons from flying into Lithuanian airspace, Foreign Minister Kestutis Budrys stated, BNS reports. Earlier, US President Donald Trump’s special envoy, John Coale, announced that Belarusian leader Alyaksandr Lukashenka had promised to halt the balloon incursions. Budrys warned that failure to honour the pledge would affect…
Less than half of Latvians saw their income rise in 2025, according to a Norstat survey for Luminor Bank, LSM reports. In the survey, 41% of Latvian residents reported that their income had increased in 2025. Specifically, 27% said that their income had increased by up to 10%, another 10% by 10-15%, and 7% by…
Police in Estonia have detained a man suspected of planting a bomb that injured one person at the Ülemiste Keskus shopping centre next to Tallinn Airport on 20 December 2025, ERR reports. State prosecutor general Astrid Asi said that the 60-year-old man is a stateless resident of Tallinn with previous criminal convictions. She said that…
The ruling coalition in Lithuania has decided to postpone consideration of proposed amendments to the law governing the country’s public broadcaster, Lithuanian National Radio and Television (LRT), BNS reports. Juozas Olekas, speaker of the Lithuanian parliament, the Seimas, said that discussion on the legislation would continue in the beginning of 2026, “possibly involving members of…
Latvia’s GDP will grow by 1.7% in 2025, according to the Bank of Latvia’s revised macroeconomic forecast, LSM reports. In June 2025, the central bank projected 1.2% GDP growth in 2025. The new forecast expects economic growth to accelerate thanks to increased domestic and external demand. The GDP will grow by 2.8% in 2026, by…
Estonia’s GDP will grow by 3.6% in 2026, but economic growth will slow down to 2.5% by 2028, according to the Bank of Estonia’s latest forecast, ERR reports. Growth in 2026 will be driven by increased exports and government stimulus, the central bank said. The general government budget deficit will be the largest in 30…
The prime ministers of the Baltic States assured that the Rail Baltica railway from Tallinn to the Polish border would be completed on schedule, BNS reported. Speaking after a joint meeting in Riga, the three prime ministers pledged to secure maximum EU funding for the project. Estonian Prime Minister Kristen Michal stressed that the railway…