Latvia +10.9%, Lithuania +11.9% in Q1: Baltic house prices rose, but pressure points differed
The data point to three different pressure points:
PhotoEvents, data and analysis from the Baltic economies
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The data point to three different pressure points:
PhotoLithuania remains the strongest macro story in the Baltic region, but the June update from Lietuvos bankas makes the picture less simple than it looked in spring. The economy is still expected to grow, wages are projected to…
PhotoLatvia’s officially recognised systemic banking core has narrowed
PhotoThe central bank expects the economy to expand by 2.4% in 2026, supported mainly by stronger spending from households and the general government.
PhotoApril brought a visible acceleration in goods trade across all three Baltic states. Estonia, Latvia and Lithuania all reported double-digit year-on-year growth in both exports and imports.
PhotoMay inflation data from the three Baltic statistical offices show that price pressure has not disappeared. Annual inflation remained unexpectedly high across the region: The monthly picture looked much calmer. Latvia recorded the strongest month-on-month rise, at 0.5%,…
PhotoBaltic industrial data for April 2026 point to an uneven regional picture. Latvia and Lithuania still showed year-on-year industrial growth, while Estonia reported a decline in manufacturing output for the third consecutive month.
PhotoAverage wages increased across all three Baltic states in the first quarter of 2026. The headline direction was similar, but the labour-market signals differed between Lithuania, Estonia and Latvia.
PhotoAll three Baltic economies reported positive annual GDP growth. But the internal structure of that growth was uneven.
DataIn the first quarter of 2026, Baltic unemployment rates looked similar at the headline level. Unemployment stood at 7.1% in Estonia, 7.1% in Latvia and 7.4% in Lithuania.
PhotoLatvia’s 2025 labour force data look stable at first glance. Employment has recovered from the pandemic shock, unemployment is not rising sharply, and the country has already met the main employment targets set in the National Development Plan…
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