Estonia’s GDP dropped by 2.1% in the first quarter of 2024, compared to the same period of 2023, according to Statistics Estonia’s flash estimate, Baltic News Network reported. The GDP decline thus slowed down, the preliminary data showed. Compared to the fourth quarter of 2023, the seasonally and working-day adjusted GDP remained unchanged.
The number of job vacancies rose in Lithuania but dropped in Latvia and Estonia in 2023, BNS reported. The number of vacancies increased by 5.7% in Lithuania, but decreased by 6.1% in Latvia and 14% in Estonia. Out of the total number of jobs, both occupied and vacant, the share of vacancies stood at 2.7%…
Lithuania has altogether 2,266 stateless residents, of whom 2,151 have permanent residence permits, according to data from the Lithuanian Migration Department (LMD), LRT reports. In 2018, the number of stateless people totalled 3,193. Most of the stateless residents are persons who failed to apply for citizenship after Lithuania regained its independence in 1991. Stateless persons…
The unadjusted gender pay gap in the Baltic States was highest in Estonia in 2022, according to Eurostat data, LSM reported. In Estonia, women’s average gross hourly wage was 21.3% lower than that of men in 2022, which was up from 20.5% in 2021. The gender pay gap stood at 17.1% (14.6%) in Latvia and…
Estonia’s GDP totalled EUR 37.7 billion at current prices in 2023, which was down 3% from 2022, according to data from Statistics Estonia, ERR reported. Robert Müürsepp, national accounts team lead at Statistics Estonia, said that Estonia’s economy was in broad-based recession in 2023, with decline recorded in most major sectors. Information and communication had…
Lithuania’s industrial production totalled EUR 35bn at current prices in 2023, the State Data Agency (VDA) reported. Compared to 2022, industrial output decreased by 5.2% at constant prices, according to calendar-adjusted data. In terms of unadjusted data, industrial production dropped by 5.3% over a year. The volume of output in manufacturing decreased by 3.7%, in…
Latvia’s industrial production declined by 4.5% in 2023 compared to 2022, according to the Central Statistical Bureau (CSP), LSM reported. Output in manufacturing decreased by 4.5%, in electricity and gas supply by 0.8%, and in mining by 19% over a year. The drop in manufacturing output was the largest annual decline since 2009. Martins Abolins, economist…
The total production of industrial enterprises in Estonia declined by 10.5% in 2023 at constant prices compared to 2022, according to Statistics Estonia’s data, ERR reports. Output decreased in all three industrial sectors, including in energy production by 21%, in manufacturing by 9.8%, and in mining and quarrying by 4.7%. Production volumes fell every month…
Estonia’s retail turnover totalled EUR 10.5bn in 2023, which was down 8% at constant prices compared to 2022, according to preliminary data from Statistics Estonia, ERR reports. The retail turnover of grocery stores declined by 4%, automotive fuel by 5%, and manufactured goods by 11% over a year.