luminor

Lithuania demonstrates the highest economic growth in the Baltics

Lithuania’s economy will grow the fastest, and Latvia is also expected to grow. Although at the end of the year GDP will also begin to grow in Estonia, overall economic growth for the year will be negative, the bank’s press service reported. According to Luminor chief economist Lenno Uusküla, GDP growth rates in 2023 were … Read more

Residents of Latvia change housing much less frequently than residents of Estonia

The Luminor study found that 55% of Estonian residents, 44% of Latvian residents and 39% of Lithuanian residents have changed their place of residence four or more times in their lives. In Estonia, 4% of respondents live in one place all their lives, and in Latvia and Lithuania 8% have never moved from one house … Read more