Average housing prices in Latvia rose by 5.6% in the second quarter of 2023, compared to the same period of 2022, according to the Central Statistical Bureau’s provisional data, LSM reports. Prices of newly-built housing increased by 15.0% and old housing by 3.2% over a year. Compared to the first quarter of 2023, housing prices…
Estonia’s current account deficit totalled EUR 284mn in the second quarter of 2023, according to the Bank of Estonia’s flash estimate, ERR reports. The deficit amounted to EUR 13.0mn in April 2023, to EUR 180.3mn in May 2023, and to EUR 90.7mn in June 2023. The quarterly current account deficit stood at 3% of GDP,…
The volume of electricity produced in Estonia totalled 8,910 GWh in 2022, which was 21% more than in 2021, according to data from Statistics Estonia, ERR reports. Heat production totalled 5,074 GWh in 2022, which was up 8% from a year earlier. The volume electricity generated from shale oil rose by 42%, accounting for 57%…
Lithuania had the highest suicide rate in the EU in 2020, according to Eurostat data, LSM reported. The number of suicides in Lithuania totalled 21.25 per 100,000 inhabitants in 2020, which was down from 33.38 in 2011. The suicide rate was 16.87 in Vilnius and the surrounding area. In central and western Lithuania, the suicide…
The volume of electricity generated in Latvia totalled 4,997 GWh in 2022, which was 14.5% less than in 2021, according to the Central Statistical Bureau, LSM reports. Renewable energy sources accounted for 3,783 GWh of the total volume, which was up 1.7% from a year earlier. Hydro power plants generated 2,750 GWh (up 1.6%) and…
The number of job vacancies in Estonia totalled 11,079 in the second quarter of 2023, which was 17% fewer than in the same period of 2022, according to Statistics Estonia, ERR reports. Altogether 53,849 people were hired and 51,500 people left their jobs in the second quarter of 2023. Labour turnover decreased by 9% over…
Latvia’s total volume of passenger traffic by all modes of transport increased in the first half of 2023, according to data from the Central Statistical Bureau, LSM reports. The number of passengers carried by land transport totalled 93.1mn, which was 22.9% more than a year earlier. Regular bus traffic carried altogether 52mn passengers, which was…
The total volume of freight transported in Latvia by all means of transport decreased in the first half of 2023, according to data from the Central Statistical Bureau, LSM reports. Cargo carried by land and pipeline transport totalled 41.8mn tonnes, which was 16.5% less than a year earlier. The volume of road freight alone amounted…
Latvia’s GDP totalled EUR 19.3bn at current prices in the first half of 2023, according to data from the Central Statistical Bureau, LSM reports. Compared to the corresponding period of 2022, the GDP rose by 0.1%. In the second quarter of 2023, the GDP totalled EUR 10.2bn at current prices. The quarterly GDP fell by…