GDP

International Internet Magazine. Baltic States news & analytics Thursday, 05.03.2015, 20:43

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Lithuanian PM rejoices at higher than preliminary GDP growth in 2014

Lithuanian PM rejoices at higher than preliminary GDP growth in 2014

03.03.2015

"We are pleased that the revised GDP for 2014 compared to 2013 increased by 3% rather than by 2.9% as it was announced in the preliminary estimates. The higher growth was driven by the growth of the construction industry, also, the Government's decisions regarding housing renovation under the new programme," Lithuanian Prime Minister Algirdas Butkevicius said on Monday, referring to revised data from Statistics Lithuania.

Keyword tags: Analytics, Economics, GDP, Lithuania, Markets and Companies



In Q4, GDP in Lithuania grew by 2.5%

In Q4, GDP in Lithuania grew by 2.5%

02.03.2015

Statistics Lithuania informs that, according to the revised data, in IV quarter 2014, GDP at current prices amounted to EUR 9 259.6 million (LTL 31 971.7 million). Compared to the same period in 2013, real GDP growth, seasonally and working day adjusted, stood at 2.5%, compared to III quarter 2014 – at 0.6%.

Finance Ministry of Latvia reduces economic growth forecast for 2015 to 2.1%

Finance Ministry of Latvia reduces economic growth forecast for 2015 to 2.1%

02.03.2015

Taking into account various risks, as well as lower prices for energy resources, the Finance Ministry has updated its macroeconomic forecast for 2015 and reduced Latvia's growth projections for 2015 from 2.8% to 2.1%, reports LETA.


In 2014, gross domestic product rose by 2.4% in Latvia

In 2014, gross domestic product rose by 2.4% in Latvia

27.02.2015

Data compiled by the Central Statistical Bureau (CSB) show that in 2014, compared to 2013, GDP at constant prices grew by 2.4%. Gross domestic product at current prices comprised 24.1 bln euro, in the 4th quarter of 2014 – 6.5 bln euro.

Additional EUR 94 mln required for 2016 to accelerate defense budget growth in Latvia

Additional EUR 94 mln required for 2016 to accelerate defense budget growth in Latvia

26.02.2015

In order to increase the defense budget to 2% of gross domestic product (GDP) by 2018, the state will require additional EUR 94 million next year, in 2017 – EUR 112.2 million, in 2018 – EUR 184.4 million, reports LETA, according to the Economy Ministry's calculations.

18.02.2015

Latvian officials agree to increase defense budget to 2% of GDP already by 2018

State officials agree that the defense budget ought to be increased to 2% of the gross domestic product (GDP) already by 2018, Prime Minister Laimdota Straujuma's (Unity) press secretary Aiva Rozenberga told LETA.

16.02.2015

Latvian EcoMin: GDP growth forecast at 2% in 2015, inflation – 1%

Latvia's gross domestic product (GDP) in 2015 could grow 2%, inflation – 1%, reports LETA, according to the Economy Ministry's forecasts.

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