International Internet Magazine. Baltic States news & analytics
Saturday, 28.11.2015, 09:40
Statistics Lithuania informs that, based on more comprehensive business, tax and price statistics, in III quarter 2015, GDP at current prices amounted to EUR 10 012.9 million. Compared to the same period of 2014, the real GDP change stood at 1.7% (1) (seasonally and working day unadjusted – 1.7%).
Keyword tags: Analytics, Economics, GDP, Lithuania, Markets and Companies
The international rating agency Fitch said on Friday that the Estonian government sector's surplus in 2014 totaled 0.7% and debt burden 10.4% of the gross domestic product, and the latter is estimated to drop to 9.2% by 2017, reports LETA/BNS.
Statistics Lithuania informs that an annual publication Information Technologies in Lithuania 2015 has been released. Based on provisional data, in 2014, compared to 2013, the output of the ICT sector increased by 6% and accounted for 3.5% of the output of non-financial enterprises (in 2013, 3.2%).
The gross domestic product (GDP) of Estonia in the third quarter of the year 2015 was bigger by 0.5% than in the same quarter of 2014, reports LETA/BNS, according to a flash estimate by Statistics Estonia.
According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 0.5% in the 3rd quarter of 2015 compared to the same quarter of the previous year.
The Organization for Economic Cooperation and Development (OECD) has lowered the economic growth forecast on Estonia for 2015 by 0.3 percentage points to 1.8% and the forecast for 2016 by 0.8 points to 2.5%, informs LETA/BNS.
Swedbank has lowered its economic growth forecast for Estonia from 1.9% it offered in August to 1.6% for 2015. The bank is sticking to its Lithuanian GDP growth forecasts of 1.8% for this year, 3.3% for 2016 and 3% for 2017, reports LETA/BNS.