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…
Satisfaction with life in the Baltic States was lowest in Latvia in 2022, according to Eurostat data, LSM reported. Residents in Latvia rated their overall life satisfaction at just 6.8 out of 10 points in 2022, which was up from 6.7 in 2021. The indicator stood at 7.1 (7.0) points in Lithuania and 7.2 (7.2)…
The number of traffic insurance cases registered in Estonia totalled 34,300 in 2023, which was almost unchanged from 2022, according to data from the Estonian Motor Insurance Bureau (LKF), ERR reports. The total volume of damages paid amounted to EUR 72mn, which was up 3% over a year. The average damage per case stood at…
Housing prices more than tripled in Estonia between 2010 and the third quarter of 2023, rising by 210%, according to Eurostat data, LSM reports. Meanwhile, housing prices more than doubled in Lithuania (up 158%) and Latvia (up 141%) over the same period. The increase in rents was the EU’s highest in Estonia (up 218%) and…
Estonia’s annual number of live births dropped to a new record low in 2023, according to data from the Ministry of Interior, ERR reports. The number of people born totalled 10,721 in 2023, which was down 867 from 11,588 a year earlier. Deaths totalled 15,832, which was down 1,413 from 17,245 in 2022. Deaths thus…
Housing prices in the Baltic States rose the fastest in Lithuania in the third quarter of 2023, according to Eurostat data, BNS reports. Housing prices rose by 8.7% over a year in Lithuania, 3.8% in Estonia, and 3.2% in Latvia. Compared to the second quarter of 2023, housing prices rose by 2.4% in Lithuania, but…
The number of cars newly registered in Latvia totalled 18,000 in 2023, LSM reported. The most popular brands in the new car segment were Toyota (3,900), Skoda (2,350), and Volkswagen (2,000). In the second-hand car market, the most popular brands were BMW, Volkswagen, and Audi. The data showed that SUVs and 4×4 cars were the…