Latvia forecast to record second-fastest economic growth in the Baltics this year
The IMF's latest World Economic Outlook report projects Latvia will experience the second-fastest economic growth among Baltic states in 2026. The report also provides growth and inflation forecasts for various global economies, including the Eurozone, China, and the United States.
Why it matters
These economic projections help investors and policymakers gauge regional stability and growth potential in the Baltic and global markets.
The IMF forecasts the strongest economic growth among the Baltic states in Lithuania, where gross domestic product (GDP) is expected to increase by 2.7% in 2026, followed by growth of 2.1% in 2027.
Photo: AlexBarcley/Pixabay Advertisements The International Monetary Fund (IMF) expects Latvia to record the second-fastest economic growth among the Baltic states this year, according to its latest World Economic Outlook report published on Tuesday.
The IMF forecasts that Latvia’s economy will grow by 2.3% in 2026, followed by a more moderate increase of 1.8% in 2027.
According to the latest projections, inflation in Latvia is expected to reach 3.6% this year and rise to 3.9% next year.
Consumer prices in Lithuania are projected to rise by 5.4% this year, while inflation is expected to slow to 3.5% next year.
In Estonia, the IMF expects economic growth of 2.1% in 2026, accelerating slightly to 2.2% in 2027.
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