The average monthly gross wage in Latvia amounted to EUR 1,831 in the first quarter of 2026, which was an increase of EUR 73 (4.2%) from the same period of 2025, according to provisional data from the Central Statistical Bureau (CSP), LSM reported. The average wage rose by 4.6% in the public sector and 4.1%…
Latvians and Lithuanians work longer hours than Estonians, according to Eurostat data, LSM reports. The average working hours for employed persons in both Latvia and Lithuania stood at 38.3 hours per week in 2024, compared to just 36.5 hours in Estonia. The EU average was 36.0 hours. For employees, average working hours were 38.6 hours…
The number of unemployed people in Latvia totalled 66,400 in the first quarter of 2026, which was 3,100 (4.5%) fewer than in the same period of 2025, the Central Statistical Bureau (CSP) reported. Compared to the fourth quarter of 2025, the number of unemployed rose by 2,600 (4.0%), however. The country’s unemployment rate stood at…
Latvian President Edgars Rinkevics has begun consultations with parliamentary groups on forming a new government, Baltic News reports. The President stressed the need to ensure political stability, effective governance, and national security continuity. The discussions are focused on how to build a working coalition in the parliament, the Saeima, and on the future direction of…
The number of unemployed people in Estonia totalled 52,200 in the first quarter of 2026, which was 5,100 more than in the fourth quarter of 2025, but much lower than in the first quarter of 2025, according to data from Statistics Estonia, ERR reports. Estonia’s unemployment rate stood at 7.1%, which was up 0.7 percentage…
The number of unemployed people in Lithuania totalled 146,700 at the end of April 2026, which was 8,400 fewer than a month earlier, according to the Lithuanian Employment Service (UzT), ELTA reports. The country’s unemployment rate stood at 8.1%, which was down from 8.5% a month earlier. Unemployment declined in all municipalities for the second…
The number of multinational corporations in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. Estonia had 1,199 multinationals in 2024, which was down slightly from 1,220 in 2023. Meanwhile, Lithuania had 984 (1,035) and Latvia 746 (718) multinational enterprises. In 2018, Estonia had as many as 1,529 multinationals,…
Lithuanians tend to work the least in the entire EU during weekends, according to Eurostat data, LSM reports. The share of all employed people aged 15-64 years who usually work on weekends was just 3.9% in Lithuania in 2025. By comparison, the share of employed people usually doing weekend shifts was 13.1% in Estonia and…
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…
