Tag: Latvia
Latvia posts the widest Baltic gender pay gap as Estonia hits a record low
The 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.
Baltic states — Government finance (2025)
🇱🇻 Latvia Budget balance:– deficit: –2.5% of GDP– €1.09 bn Gross debt:– 46.9% of GDP– €20.2 bn Revenue / Expenditure:– revenue: €18.7 bn– expenditure: €19.8 bn 🇪🇪 Estonia Budget balance:– deficit: ~–3.0% of GDP Gross debt:– ~19–20% of GDP 🇱🇹 Lithuania Budget balance:– deficit: –1.8% of GDP– €1.54 bn Gross debt:– 39.5% of GDP– €33.26 bn Revenue / Expenditure:– revenue:…
Latvia: State Real Estate in Numbers
Latvia’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: Core portfolio: 694.5k m² (vacancy 1.6%) Active portfolio: 111.4k m² Disposal portfolio: 205.2k m² Total managed area: ~1.01 million m² In Vecrīga, VNĪ manages 113.5k m²…
Baltic population at the start of 2026: Latvia lost most, Lithuania least
All three Baltic states started 2026 with smaller populations than a year earlier. Latvia saw the steepest drop, Lithuania the mildest, while Estonia stood in between but with a sharper structural shift: after more than a decade, net migration turned negative again.
Baltic Ports Divergence: Temporary Freeze or Structural Rebalancing?
Q1 2026 revealed a clear divergence across Baltic ports. Latvia recorded broad-based contraction, Klaipėda posted strong growth, while Tallinn showed a winter-affected but structurally more stable pattern.
Baltic inflation in Q1 2026: Lithuania led the region, Latvia stayed lowest
Inflation in the Baltic states remained far below the crisis peaks of 2022-2023 in the first quarter of 2026, but the regional picture no longer moved in one simple pattern. Latvia started the quarter with the softest price pressure, Estonia showed the most uneven month-to-month path, and Lithuania ended Q1 with the strongest annual inflation in the region.
Baltic goods exports come under structural pressure as regional trade weakens
February 2026 trade data from Lithuania, Latvia and Estonia point to a broader regional shift rather than a one-month fluctuation. Goods trade remained in deficit across all three economies, while pressure was concentrated in mineral products, wood, agricultural goods and other resource- or energy-intensive segments.
Strategic Advice or Survival Tactic? Decoding airBaltic’s Deal with Seabury
airBaltic has appointed Seabury Securities LLC and Seabury Securities (UK) Ltd. as strategic and financial adviser at a time of mounting financial pressure.
Fuel drove March inflation across the Baltics, but the statistical effect differed by country
Fuel became one of the key inflation drivers across the Baltics in March, but it entered the data in different ways. In Latvia, the shock appeared most clearly through a separate jump in retail fuel prices.
Lithuania led as Baltic industry split in February
February widened the industrial gap inside the Baltics rather than narrowing it. Lithuania posted the strongest result, combining annual growth with positive monthly momentum.