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…
The international credit rating agency, Fitch Ratings, has affirmed Lithuania’s long-term foreign-currency issuer default rating at A+ with a stable outlook, the Finance Ministry announced, BNS reports. The agency pointed to Lithuania’s credible policy framework, EU and eurozone membership, resilient economic growth, moderate government debt, and high institutional quality. Risks were related to the current…
The international credit rating agency, Fitch Ratings, has affirmed Latvia’s long-term issuer default rating at A- with a stable outlook, LSM reports. The agency noted Latvia’s “credible policy framework” and lower government debt than rating peers. However, Latvia had a higher exposure to geopolitical risks, smaller economy, lower GDP per capita, and weaker external finances…
The Lithuanian government has approved the draft state budget for 2027, BNS reports. Budget revenue, including EU funds, is expected at nearly EUR 22.2bn, which would be up 5.2% from 2026, BNS reports. Budget spending will total EUR 27.9bn, up 1.3% over a year. The State Social Insurance Fund’s (SoDra) revenue is projected at nearly…
GDP growth in the Baltic States will be strongest in Lithuania in 2026, according to the International Monetary Fund’s (IMF) latest World Economic Outlook, LETA reports. The IMF projects GDP growth of 2.7% in Lithuania, 2.3% in Latvia, and 2.1% in Estonia in 2026. In 2027, the GDP will grow by 2.2% in Estonia, 2.1%…
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…
The chairman of Estonia’s national-conservative opposition party, Fatherland, Urmas Reinsalu, signalled major changes in economic policy after the parliamentary elections in March 2027, ERR reports. He said that the current government had failed to manage state finances and argued that government operating costs should have been cut more. Fatherland’s first task therefore was to fix…
Latvia’s central bank and the country’s Finance Ministry have both lowered their GDP growth forecasts and raised their inflation forecasts. Latvia’s GDP growth will drop to 2.0% in 2026, before rising to 2.4% in 2027 and 3.0% in 2028, according to the Bank of Latvia’s latest macroeconomic projection. In December 2025, the central bank had…
