Gross domestic expenditure on research and development (R&D) in relation to GDP in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. R&D spending amounted to 1.99% of GDP in Estonia in 2024, which was up from 1.41% in 2014. Meanwhile, R&D expenditure stood at 1.04% (1.03%) of GDP…
Lithuania’s real GDP totalled EUR 84bn at current prices in 2025, which was up 2.7% from 2024, according to seasonally and calendar-adjusted data from the State Data Agency (VDA), BNS reported. According to unadjusted data, the country’s GDP rose by 2.8% on year. Gross value added grew by 3.2% in industry, 3% in services, 2.1%…
Life satisfaction in the Baltic States was highest in Lithuania in 2024, according to Eurostat data, LSM reports. Lithuanian residents said that their overall satisfaction with life stood at 7.2 out of 10 points, which was the same as the EU average and unchanged from 2023. Meanwhile, life satisfaction was 7.1 (7.2) in Estonia and…
Housing prices in Estonia rose by 5.2% on year in the third quarter of 2025, according to data from Statistics Estonia, ERR reported. The average price of apartments rose by 5.5% and of residential houses by 4.7% over a year. The number of transactions for second-hand housing increased, while the number of purchases of newly-built…
GDP per capita in the Baltic States was highest in Lithuania in 2024, according to preliminary data from Eurostat, BNS reports. Lithuania’s real GDP per capita stood at 87.5% of the EU average in 2024, followed by Estonia with 79.0% and Latvia with 68.4%. Actual individual consumption (AIC) per capita amounted to 88% of the…
Estonia’s GDP totalled EUR 39.848bn in 2024, which was up 3.9% from EUR 38.353bn in 2023, according to fresh data from Statistics Estonia, ERR reports. GDP per capita amounted to EUR 29,036, which was up EUR 1,047 from 2023. The service sector accounted for a record high of 75% of total value added in the…
Latvia’s population totalled 1.826 million people as of 1 November 2025, according to provisional data from the Central Statistical Bureau (CSP), LETA reports. The number of live births totalled 9,887 in the first ten months of 2025, which was 1,108 (10.1%) fewer than in the same period of 2024. Boys accounted for 5,162 (down 3.8%)…
Average housing prices in Latvia rose by 8.4% in the third quarter of 2025, compared to the same period of 2024, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Prices of new dwellings increased by 3.8% and old dwellings by 9.4% over a year. Compared to the second quarter of 2025,…
Latvia’s foreign trade turnover totalled EUR 35.82bn at current prices in the first ten months of 2025, which was up 5.9% from the same period of 2024, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Latvia’s exports of goods amounted to EUR 16.4bn (up 4.3%) and imports to EUR 19.41bn (up…