Estonia’s GDP totalled EUR 10.2bn at current prices in the first quarter of 2026, which was up 2.4% from the same period of 2025, according to Statistics Estonia, ERR reported. This was the fourth consecutive quarter of GDP growth and the first time that economic growth exceeded 2% since the first quarter of 2022. Value…
Lithuania’s State Defence Council (VGT) has approved a decision to buy 936 armoured vehicles from the Finnish defence group, Patria, BNS reports. President Gitanas Nauseda said that Lithuania expected that 300 of the vehicles would be delivered by 2030. He added that part of the production process would take place in Lithuania. A Patria representative…
Latvia’s industrial production output increased by 9.2% in the first quarter of 2026, compared to the same period of 2025, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reported. Output rose by 1.0% in manufacturing and by 40.6% in electricity and gas supply, but fell by 30.7% in mining and…
Estonia’s industrial production declined by 3.1% at constant prices in March 2026 compared to the same period of 2025, according to Statistics Estonia, ERR reports. Output increased by 5.9% in mining, but decreased by 19.5% in energy production and by 1.2% in manufacturing. In the manufacturing sector, output in wood processing rose by 5%, fabricated…
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 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 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…
The number of job vacancies in Estonia totalled 9,375 in the third quarter of 2025, which was 5.4% less than in the same period of 2024, according to data from Statistics Estonia, ERR reports. The number of vacancies was the highest in education (2,025) and in wholesale and retail trade (1,264). The vacancy rate stood…
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,…