Estonia’s debt to GDP ratio rose in the third quarter of 2023 but was still the lowest in the EU, according to Eurostat data, ERR reports. Estonia’s general government gross debt totalled EUR 6.789bn, which was up from EUR 5.585bn in the third quarter of 2022. The country’s debt to GDP ratio stood at 18.2%,…
The number of unemployed people in Latvia totalled 63,100 at the end of 2023, which was 700 more than in the same period of 2022, according to the Central Statistical Bureau’s (CSP) estimate, LSM reports. The country’s actual unemployment rate stood at 6.6%, which was unchanged from a year earlier. The number of unemployed men…
Estonia’s population totalled 1,366,491 people in the beginning of 2024, which was 607 more than a year earlier, according to Statistics Estonia’s preliminary data, BNS reports. The number of live births totalled 10,721 in 2023, which was 925 less than in 2022. The number of births was the lowest since 1919, when population data began…
The Baltic States continue to have the highest loan interest rates in the eurozone, according to data from the European Central Bank (ECB), ERR reports. The average interest rate in the three Baltic countries was 5.9% at the end of November 2023. The eurozone average stood at 4.1%. Meanwhile, the average interest on consumer loans…
Satisfaction with life in the Baltic States was lowest in Latvia in 2022, according to Eurostat data, LSM reported. Residents in Latvia rated their overall life satisfaction at just 6.8 out of 10 points in 2022, which was up from 6.7 in 2021. The indicator stood at 7.1 (7.0) points in Lithuania and 7.2 (7.2)…
Housing prices more than tripled in Estonia between 2010 and the third quarter of 2023, rising by 210%, according to Eurostat data, LSM reports. Meanwhile, housing prices more than doubled in Lithuania (up 158%) and Latvia (up 141%) over the same period. The increase in rents was the EU’s highest in Estonia (up 218%) and…
Housing prices in the Baltic States rose the fastest in Lithuania in the third quarter of 2023, according to Eurostat data, BNS reports. Housing prices rose by 8.7% over a year in Lithuania, 3.8% in Estonia, and 3.2% in Latvia. Compared to the second quarter of 2023, housing prices rose by 2.4% in Lithuania, but…
The share of renewable sources in total energy consumption in the Baltic States was highest in Latvia in 2022, LSM reports. Eurostat data showed that 43.3% of Latvia’s gross final energy consumption came from renewable sources in 2022, which was up from 42.1% in 2021. Estonia came in second with 38.5% (37.4%), followed by Lithuania…
Estonia’s population totalled 1,373,101 people in the beginning of 2024, according to Statistics Estonia’s preliminary data, ERR reported. The country’s population thus increased by 4,184 people in 2023, including by 6,239 people in Harjumaa county and 2,025 people in Tartumaa county. The population decreased by 1,413 people in Ida-Virumaa county. Statistics Estonia will release more…