Economics

International Internet Magazine. Baltic States news & analytics Monday, 01.06.2020, 04:41

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Latvian GDP contracts 1.5% in Q1

Latvian GDP contracts 1.5% in Q1

29.05.2020

Data compiled by the Central Statistical Bureau (CSB) show that in the 1st quarter of 2020, compared to the 1st quarter of 2019, gross domestic product (GDP) decreased by 1.5% (according to seasonally and calendar non-adjusted data). In the 1st quarter GDP at constant prices was EUR 6.8 bn.

Keyword tags: Advertising, Economics, GDP, Latvia, Statistics



In Q1, GDP in Estonia fell by 0.7%

In Q1, GDP in Estonia fell by 0.7%

29.05.2020

According to Statistics Estonia, in the 1st quarter of 2020, the gross domestic product (GDP) fell by 0.7% compared to the 1st quarter of 2019. The GDP at current prices was 6.5 billion euros.

Swedbank Nordic Baltic Business Report: Well prepared to take on the challenge

Swedbank Nordic Baltic Business Report: Well prepared to take on the challenge

26.05.2020

The Nordic and Baltic economies will be hard hit by the Covid-19-induced shock due to their small size and relative openness. Strong economic fundamentals and a timely reaction to the health crisis ensure that the countries are in an advantageous position to take on the challenge. The crisis gives a chance to push for bolder and greener policies, as well as advance reforms aimed at streamlining the growing public sector and further tailoring the economy and human capital to the digital post-corona world.


Estonia: The crisis hit the service sector when it was at a peak

Estonia: The crisis hit the service sector when it was at a peak

19.05.2020

Employment was 1.3% higher in the first quarter of 2020 than a year earlier, and active participation in the labour market was increasing. The growth in employment last year and in

Lithuania to invest EUR 6.3 b in its economy in a year and a half

Lithuania to invest EUR 6.3 b in its economy in a year and a half

19.05.2020

The Lithuanian government intends to invest 6.3 billion euros in the post-coronavirus economy by the end of 2021, 1.8 billion euros more than planned earlier, Finance Minister Vilius Sapoka said LETA/BNS.


14.05.2020

Estonia's GDP to shrink 7% in 2020

Estonia's GDP is estimated to shrink 7% this year and recover 5% in 2021, according to the latest forecast by Swedbank, cites LETA/BNS.

13.05.2020

Swedbank: Lithuania's economy will shrink 6.5% in 2020

Lithuania's economy will shrink 6.5% in 2020, up 1.5 percentage points from the initial projection, Swedbank economist estimate, cites LETA/BNS.

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