Lithuania’s GDP totalled EUR 24.4bn at current prices in the third quarter of 2026, according to the State Data Agency’s (VDA) first estimate, BNS reports. Compared to the same period of 2025, the seasonally and working-day adjusted GDP rose by 2.3%. However, compared to the second quarter of 2026, the GDP contracted by 1.0%. Construction,…
Estonia’s GDP growth reached 2.2% in the third quarter of 2026 compared to the same period of 2025, according to Statistics Estonia’s flash estimate, ERR reported. Compared with the second quarter of 2026, the seasonally and working-day adjusted GDP grew by 0.6%. Robert Müürsepp, national accounts service manager at Statistics Estonia, said that several indicators…
Consumer confidence in Estonia declined sharply while overall business confidence improved in October 2026, according to Statistics Estonia, ERR reports. The consumer confidence index stood at -32.4 percentage points, which was down from -23.5 points in September 2026. The confidence of Estonian consumers in their own financial situation and the country’s general economic situation decreased…
Estonia’s annual GDP growth will reach around 2.5% in 2026, 2027, and 2028, the Bank of Estonia forecasts, Estonian World reports. The country’s economic recovery is driven by increased household consumption following tax changes, higher government spending financed by borrowing, and stronger manufacturing exports. The central bank urged to boost productivity and competitiveness. The biggest…
Over a quarter of people in the Baltic States could not afford one week of annual holiday travel away from home in 2025, according to Eurostat data, LSM reports. In Lithuania, 30.9% of residents could not afford one week of holiday travel in 2025, which was down from 32.2% in 2024. The corresponding share was…
An interagency commission of the Estonian government has proposed several measures to reduce the consumption of alcohol in the country, ERR reports. The commission has published a framework plan for Estonia’s alcohol policy for 2026-2035. The document calls for raising the alcohol excise tax, shortening retail alcohol sales hours, reducing the number of licensed outlets,…
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…
The European Bank for Reconstruction and Development (EBRD) has lowered its GDP growth forecasts for all three Baltic States in both 2026 and 2027, LETA reports. The bank now projects that Estonia’s GDP will grow by 2.1% in 2026 and 2.3% in 2027. In February 2026, the bank’s GDP growth forecast for Estonia was 2.2%…
Latvia’s GDP totalled EUR 9.9bn at current prices in the first quarter of 2026, according to data from the Central Statistical Bureau (CSP), LSM reported. Compared to the same period of 2025, the GDP rose by 2.5% at constant prices, according to seasonally and calendar non-adjusted data. Compared to the fourth quarter of 2025, the…
