Events, data and analysis from the Baltic economies
Editorial archive
Estonia is preparing a new international government bond issue, but the most important signal is not only the borrowing itself. For the first time, the country plans to issue international government bonds under Estonian law, register them with…
PhotoIn April 2026, electricity prices continued to fall across the Baltic region. The average price in the Baltic bidding areas declined to 56.77 EUR/MWh, down 22.02% from March and 25.16% lower than in April 2025,
PhotoIn late April, Latvia and Lithuania received almost simultaneous sovereign rating decisions from Fitch Ratings. Latvia was affirmed at A- with a stable outlook, while Lithuania was upgraded to A+. Estonia, whose A+ rating had been affirmed earlier,…
PhotoEstonia’s Ministry of Finance has published 2025 public-sector salary data. According to figures reported by ERR, President Alar Karis and Supreme Court Chief Justice Villu Kõve were the highest-paid officials in Estonia’s public sector, each receiving gross pay…
PhotoComparison vs March 2026.Method: non-promotional prices only.Sources: Rimi + Barbora online retail checks.Focus: lowest visible baseline price, not average price. In April, the low-cost staple segment across the Baltic states remained broadly stable. The cheapest visible baseline products…
PhotoLatvia’s tourism export reached €1.39bn in 2025, up 9.9% from 2024 and 53.6% above the pre-pandemic level of 2019. The figure is based on the balance-of-payments item “travel”, which measures foreign travellers’ spending in Latvia, excluding international transport…
PhotoChina has lifted countermeasures against two Lithuanian banks, Urbo Bankas and Mano Bankas, after the European Union removed restrictions on two Chinese financial institutions. The decision took effect on 24 April 2026 and was framed by Beijing as…
PhotoBaltic Horizon is replacing its long-time manager Tarmo Karotam, who will step down at the end of April after around two decades with the platform. The change follows a prolonged downturn: over the past three years, cumulative losses…
PhotoLatvia’s tax revenue continued to grow in the first quarter of 2026, but again fell short of the official plan. The result points less to an immediate fiscal shock than to a recurring gap between budget assumptions and…
PhotoThe Baltic picture no longer moves in one direction. Estonia reported the strongest result in the region in 2025, with its gender pay gap falling to a record low. Latvia moved the other way, posting a clear year-on-year…
PhotoLatvia’s state-managed real estate portfolio totals just over 1 million m², according to data from the state asset manager. State-owned company Valsts nekustamie īpašumi (VNĪ), which manages part of Latvia’s public real estate, reports: Total managed area: ~1.01…
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