Lithuania’s GDP will grow by 3.2% in 2026 and 2.1% in 2027, according to SEB Bank’s latest macroeconomic forecast, Lietuvos Rytas reports. The bank thus kept its GDP forecast unchanged from January 2026. The bank raised its projection for annual inflation in Lithuania to 5.7% in 2026 due to increased energy prices. In 2027, inflation…
Lithuania’s GDP will grow by 3% in 2026 and 2.3% in 2027, according to Swedbank’s latest macroeconomic outlook, BNS reports. In January 2026, the bank projected that GDP growth would reach 3.5% in 2026 and 2.5% in 2027. Nerijus Maciulis, Swedbank’s chief economist, said that growth would be spurred by consumption, strong exports, and record…
The Estonian parliament, the Riigikogu, has passed amendments that will make it easier to bring skilled and qualified foreign labour into the country, ERR reports. Temporary residence permits for work will be issued under more favourable conditions in sectors deemed suffering from labour shortage, and the maximum number of permits in those sectors will be…
The Free Trade Union Confederation of Latvia (LBAS) has proposed raising the country’s minimum monthly wage by at least EUR 55 to EUR 835 in 2027, LETA reports. Currently, Latvia’s minimum wage stands at EUR 780 per month, while the tax-free income threshold is EUR 550 per month. LBAS noted that under government rules, the…
Lithuania’s GDP will grow by 3.1% under a baseline scenario in 2026, according to the Bank of Lithuania’s latest forecast, ELTA reports. GDP growth will reach 2.0% in 2027 and 2.9% in 2028, the central bank projects. Under an adverse scenario, however, the country’s GDP growth will stand at 3.1% in 2026, at mere 1.6%…
A majority of Estonians oppose foreign labour, according to a Norstat poll for the Institute for Societal Research (YI), ERR reports. The survey shows that 71% of respondents oppose and 19% support bringing in labour from outside the EU, while 52% oppose and 37% support labour from other EU countries. Also, 76% of respondents think…
Lithuania’s GDP will grow by 2.5% in 2025, according to the Bank of Lithuania’s latest forecast, ELTA reports. In September 2025, the central bank projected that the country’s economy would grow by 2.7% in 2025. The bank now expects the GDP to rise by 3.2% in 2026, by 2.3% in 2027, and by 3.0% in…
Less than half of Latvians saw their income rise in 2025, according to a Norstat survey for Luminor Bank, LSM reports. In the survey, 41% of Latvian residents reported that their income had increased in 2025. Specifically, 27% said that their income had increased by up to 10%, another 10% by 10-15%, and 7% by…
Latvia’s GDP will grow by 1.7% in 2025, according to the Bank of Latvia’s revised macroeconomic forecast, LSM reports. In June 2025, the central bank projected 1.2% GDP growth in 2025. The new forecast expects economic growth to accelerate thanks to increased domestic and external demand. The GDP will grow by 2.8% in 2026, by…