The average monthly wage in the Baltic States rose the fastest in Lithuania in 2023, according to research agency Figure Baltic Advisory’s study, LETA reports. The average wage rose by 8.8% in Lithuania, 8.2% in Latvia, and 7.3% in Estonia over a year. The agency projects that the monthly basic salary will rise by 6.3%…
The number of non-cash payments executed in Latvia totalled 395 million in the first half of 2024, which was 6% more than in the same period of 2023, according to the Bank of Latvia, LSM reports. The value of all non-cash payments totalled EUR 491.8bn, which was up by 226% over a year. The volume…
Estonia’s unemployment rate stood at 7.6% in the second quarter of 2024, according to data from Statistics Estonia, Estonian World reports. The number of unemployed declined by 1,100 people over a quarter. Compared to the second quarter of 2023, the number of unemployed increased by 7,600, however. The employment rate stood at 69.7%, and the…
The average gross monthly wage in Estonia amounted to EUR 2,007 in the second quarter of 2024, which was up 7.2% from the same period of 2023, according to Statistics Estonia, The Baltic Guide reports. Wage growth has slowed down over the last four quarters. The average wage was highest in Tallinn (EUR 2,339), Harjumaa…
Air quality in the capital cities of the three Baltic States is best in Estonia’s Tallinn and worst in Latvia’s Riga, according to a new study by the European Environment Agency (EEA), LSM reports. Tallinn ranked 9th out of altogether 372 cities in Europe with “good” air quality that is better than the World Health…
The construction price index in Estonia rose by 2.2% on year in the second quarter of 2024, according to data from Statistics Estonia, ERR reports. Compared to the first quarter of 2024, the index rose by 0.7%. The cost of labour rose by 1.3%, of machinery by 2.4%, and of building materials by 0.2% over…
The number of unemployed people in Latvia totalled 62,000 in June 2024, which was 500 more than in the same period of 2023, but 900 less than in May 2024, according to the Central Statistical Bureau’s (CSP) estimate, LSM reports. Altogether 32,600 men and 29,400 women were unemployed. Latvia’s actual unemployment rate stood at 6.5%…
The share of children at risk of poverty in the Baltic States was lower than the EU average in 2023, according to Eurostat data, LSM reports. The statistics showed that as many as 21.7% of children under the age of 18 years in Lithuania were at risk of poverty or social exclusion in 2023, compared…
Annual inflation in the Baltic States was highest in Estonia in June 2024, according to Eurostat data, BNS reports. Estonia’s harmonised annual inflation rate stood at 2.8% in June 2024, compared to 1.5% in Latvia and 1.0% in Lithuania. Compared to May 2024, prices rose by 0.5% in Estonia but remained unchanged in Latvia and…
