Estonia’s GDP declined by around 3% over a year in the fourth quarter of 2023, according to Statistics Estonia’s flash estimate, ERR reports. Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that the current recession has slowed down compared to preceding quarters. Compared to the third quarter of 2023, the GDP remained…
Lithuania’s permanent population totalled 2,886,500 people in the beginning of 2024, which was 29,000 (1%) more than in the same period of 2023, according to the State Data Agency (VDA), BNS reports. Around 22,000 permanent residents emigrated from Lithuania in 2023, which was up 44% from 15,300 in 2022. Some 12,000 foreigners and 10,000 Lithuanian…
Estonia ranked best and Latvia worst in the Baltic States on Transparency International’s latest Corruption Perceptions Index, LSM reported. Estonia ranked 12th out of 180 countries worldwide in 2023, which was up from 14th place in 2022. Lithuania ranked 34th (33rd) and Latvia 36th (39th). Estonia scored 76 points on the index in 2023, which…
Latvia’s total retail trade turnover decreased by 2.1% over a year in 2023, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reported. Retail sales of food products went down by 3.5% and non-food products (except for automotive fuel) by 2.3%, while retail sales of automotive fuel went up by 1.3%.
Latvia’s annual GDP declined by 0.6% in 2023, according to the Central Statistical Bureau’s (CSP) provisional data. In the fourth quarter of 2023, the GDP dropped by 0.5% over a year, according to seasonally and calendar unadjusted data. Growth in manufacturing stood at 3.6%, while services went down by 0.7%. According to seasonally and calendar-adjusted…
The cargo turnover of Latvian ports totalled 38.655mn tonnes in 2023, which was down 19.6% from 48.078mn tonnes in 2022, according to data from the Ministry of Transport, Baltic News Network reports. The ministry attributed the decline to changes in the geopolitical situation, particularly the sanctions against Russia. The volume of bulk cargo handled at…
Estonia’s debt to GDP ratio rose in the third quarter of 2023 but was still the lowest in the EU, according to Eurostat data, ERR reports. Estonia’s general government gross debt totalled EUR 6.789bn, which was up from EUR 5.585bn in the third quarter of 2022. The country’s debt to GDP ratio stood at 18.2%,…
The number of unemployed people in Latvia totalled 63,100 at the end of 2023, which was 700 more than in the same period of 2022, according to the Central Statistical Bureau’s (CSP) estimate, LSM reports. The country’s actual unemployment rate stood at 6.6%, which was unchanged from a year earlier. The number of unemployed men…
Estonia’s population totalled 1,366,491 people in the beginning of 2024, which was 607 more than a year earlier, according to Statistics Estonia’s preliminary data, BNS reports. The number of live births totalled 10,721 in 2023, which was 925 less than in 2022. The number of births was the lowest since 1919, when population data began…