International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:37
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.2% in the 3rd quarter of 2019 compared to the same period of the previous year. The Estonian GDP was 7 bn euros at current prices.
Keyword tags: Analytics, Estonia, GDP, Statistics
Data compiled by the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2019, compared to the 3rd quarter of 2018, the gross domestic product (GDP) (seasonally and calendar non-adjusted data) increased by 2.9%. In the 3rd quarter GDP at current prices was EUR 8.1 bn.
Flash estimate of the Central Statistical Bureau (CSB) shows that, compared to the 3rd quarter of 2018, in the 3rd quarter of 2019 the gross domestic product (GDP) value increased by 2.8% (seasonally and calendar non-adjusted data).
Lithuania's economy has maintained a stable growth pace, analysts say after the country's statistics office, Statistics Lithuania, said earlier today that the country's GDP grew 3.6% over a quarter.
Statistics Lithuania informs that in III quarter 2019, country’s gross domestic product (GDP), estimated based on available statistical data and econometric models, amounted to EUR 12.7 bn at current prices. Compared to II quarter 2018, the real GDP change, seasonally and calendar adjusted, stood at 0.1%.
Latvia has been losing around 1% of GDP each year due to the loss of budget revenue resulting from the 2017 tax reform, Inna Steinbuka, a member of the Fiscal Discipline Council, told journalist LETA.
The Bank of Latvia has lowered its gross domestic product (GDP) growth projection for this year from 2.9 percent to 2.5 percent, according to adjusted data, and the growth projection for 2020 from 3.1% to 2.6%, the Bank of Latvia Governor Ilmars Rimsevics told LETA.