The total production of industrial enterprises in Estonia decreased by 0.5% at constant prices over a year in February 2026, according to data from Statistics Estonia, ERR reports. Compared to January 2026, seasonally-adjusted total industrial production fell by 0.7% and manufacturing by 0.8%. Riin Kadarik, leading analyst at Statistics Estonia, said that the decrease was…
Latvia’s foreign trade turnover totalled EUR 42.73bn in 2025, which was up EUR 2,198.7mn (5.4%) from 2024 at current prices, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. The total value of exported goods amounted to EUR 19.54bn, which was up EUR 698.1mn (3.7%) from 2024. The value of goods imported…
Latvia’s industrial production output increased by 4.0% over a year in 2025, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Output in manufacturing rose by 5.5% on year, but fell by 3.0% in electricity and gas supply and by 15.4% in mining and quarrying. The country’s manufacturing turnover increased…
Lithuania’s GDP will grow by 2.5% in 2025, according to the Bank of Lithuania’s latest forecast, ELTA reports. In September 2025, the central bank projected that the country’s economy would grow by 2.7% in 2025. The bank now expects the GDP to rise by 3.2% in 2026, by 2.3% in 2027, and by 3.0% in…
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…
Latvia must be fully ready to dismantle railway tracks going to Russia if necessary, Foreign Minister Baiba Braze stated, LSM reports. However, she said that it would make no sense for Latvia to do so unilaterally. Latvia will coordinate the issue with Estonia, Lithuania, Poland, and Finland. Earlier, the presidents of the three Baltic States…
Latvia’s foreign trade turnover totalled EUR 35.82bn at current prices in the first ten months of 2025, which was up 5.9% from the same period of 2024, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Latvia’s exports of goods amounted to EUR 16.4bn (up 4.3%) and imports to EUR 19.41bn (up…
Latvia’s industrial production output increased by 8.8% in October 2025, compared to the same period of 2024, according to calendar-adjusted data from the Central Statistical Bureau (CSP), LSM reports. Output in electricity and gas supply rose by 10.1% and in manufacturing by 9.5%, but fell by 16.1% in mining and quarrying. Compared to September 2025,…