The Baltic States are likely to see a more than 2% decline in GDP per year due to poor mental health over 2025-2050, according to a new report from the Organisation for Economic Co-operation and Development (OECD), ERR reports. The projected drop in GDP in Estonia, Latvia, and Lithuania will be the highest of all…
Lithuania’s GDP will grow by 3.2% in 2026 and 2.1% in 2027, according to SEB Bank’s latest macroeconomic forecast, Lietuvos Rytas reports. The bank thus kept its GDP forecast unchanged from January 2026. The bank raised its projection for annual inflation in Lithuania to 5.7% in 2026 due to increased energy prices. In 2027, inflation…
Lithuania’s GDP will grow by 3% in 2026 and 2.3% in 2027, according to Swedbank’s latest macroeconomic outlook, BNS reports. In January 2026, the bank projected that GDP growth would reach 3.5% in 2026 and 2.5% in 2027. Nerijus Maciulis, Swedbank’s chief economist, said that growth would be spurred by consumption, strong exports, and record…
The Estonian parliament, the Riigikogu, has passed amendments that will make it easier to bring skilled and qualified foreign labour into the country, ERR reports. Temporary residence permits for work will be issued under more favourable conditions in sectors deemed suffering from labour shortage, and the maximum number of permits in those sectors will be…
Estonia’s GDP rose by 1.3% in the first quarter of 2026, compared to the same period of 2025, according to Statistics Estonia’s flash estimate, BNS reported. Compared to the fourth quarter of 2025, seasonally and working-day adjusted GDP rose by 0.6%. Robert Müürsepp, national accounts service manager at Statistics Estonia, noted that there were several…
Lithuania’s GDP will grow by 3.1% under a baseline scenario in 2026, according to the Bank of Lithuania’s latest forecast, ELTA reports. GDP growth will reach 2.0% in 2027 and 2.9% in 2028, the central bank projects. Under an adverse scenario, however, the country’s GDP growth will stand at 3.1% in 2026, at mere 1.6%…
Estonia’s real GDP will grow by 2.3% in 2026 and by 2.5% in 2027, according to the Ministry of Finance’s latest economic forecast, ERR reports. In subsequent years, the ministry expects the country’s GDP growth to slow down slightly. Finance Minister Jürgen Ligi noted that security and uncertainty were the prevailing factors at the moment….
Lithuania’s real GDP totalled EUR 84bn at current prices in 2025, which was up 2.7% from 2024, according to seasonally and calendar-adjusted data from the State Data Agency (VDA), BNS reported. According to unadjusted data, the country’s GDP rose by 2.8% on year. Gross value added grew by 3.2% in industry, 3% in services, 2.1%…
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…