GDP

International Internet Magazine. Baltic States news & analytics Monday, 18.12.2017, 12:53

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Bank of Latvia raises GDP growth forecast for 2017 to 4.7%

Bank of Latvia raises GDP growth forecast for 2017 to 4.7%

18.12.2017

The Bank of Latvia has raised the GDP growth forecast for this year to 4.7% from 4.2%, Bank of Latvia Governor Ilmars Rimsevics told journalists on December 16th, informs LETA.

Keyword tags: Analytics, Economics, Financial Services, GDP, Latvia, Markets and Companies



The value added created in the sports sector in Lithuania decreased by 4.5% in 2016

The value added created in the sports sector in Lithuania decreased by 4.5% in 2016

15.12.2017

Statistics Lithuania informs that, based on provisional data, in 2016, against 2015, the value added created in the sports sector decreased by 4.5% and amounted to EUR 263.2 million, or 0.8% of the country’s gross value added. The largest negative influence on the change was made by a decrease in the value added generated by the enterprises engaged in manufacture of transport equipment and gambling and betting activities.

The share of the service sector has grown in all Estonian counties

The share of the service sector has grown in all Estonian counties

14.12.2017

According to Statistics Estonia, 64%, i.e. the majority of the value added generated in the Estonian economy in 2016 was created in Harju county. The share of the service sector continues to grow, having increased in 2016 by more than 2 percentage points in most counties.


Estonian Riigikogu adopts 2018 state budget

Estonian Riigikogu adopts 2018 state budget

14.12.2017

The Estonian parliament on Wednesday adopted the 2018 State Budget Act, according to which Estonia gets the first ever state budget exceeding 10 million euros in size, informs LETA/BNS.

Lithuania's Seimas approves 2018 budget

Lithuania's Seimas approves 2018 budget

13.12.2017

Lithuania's parliament on December 12th approved the 2018 budget, the first budget in the country's history with the government sector's revenue expected to top the spending, and Lithuania finally meeting its commitment to NATO of earmarking 2% of the gross domestic product (GDP) to defense, writes LETA/BNS.


08.12.2017

Latvia shows one of the fastest economic growths in EU in Q3

During the third quarter of 2017, Latvia showed one of the fastest gross domestic product (GDP) growths against the same period last year in the EU, according to revised data on 26 EU member states, released by Eurostat on December 7th, cites LETA.

05.12.2017

Lithuania's surplus budget may miss reforms train

Lithuania is the only country among the three Baltic nations planning a surplus of public finances in 2018, however, is still behind Estonia and is next to Latvia in terms of the share of the gross domestic product (GDP) redistribute via the budget, show reports of budget assessment published by the European Commission, writes BNS FEATURE, cites LETA.

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