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The Baltic states [a] or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO , the European Union , the Eurozone , Council of Europe , and the OECD .
Rank Region Country GDP (bil. €) GDP per capita (€) Year 1 Vilnius County Lithuania 33.60 39,100 2023 2 Riga Planning Region Latvia 23.69 27,600 2022 3 Harju County
This is map and list of European countries by budget revenues and budget revenues per capita for year 2013 from Eurostat and CIA World Factbook. Countries in blue have more than € 100 billion, green € 10- € 99 billion and yellow below € 10 billion budget revenues from Eurostat [ 1 ] and CIA Factbook [ 2 ]
After 2000, Latvian GDP grew by 6–8% a year for 4 consecutive years. Latvia's state budget was balanced in 1997 but the 1998 Russian financial crisis resulted in large deficits, which were reduced from 4% of GDP in 1999 to 1.8% in 2003. These deficits were smaller than in most of the other countries joining the European Union in 2004.
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
It enjoyed high growth rates after joining the European Union along with the other Baltic states, leading to the notion of a Baltic Tiger. Lithuania's economy (GDP) grew more than 500 percent since regaining independence in 1990. The Baltic states have a combined workforce of 3.3 million people, with 1.5 million of these working people living ...
Countries in blue have more than US$10,000 per capita, countries in green are between $3,000 and $10,000 and countries in yellow are below $3,000 budget revenue per capita. [ 1 ] List
Tallinn has the largest GDP per capita in Baltic States (€41,900) Vilnius has the second largest GDP per capita in Baltic States (€39,100). Baltic Tiger is a term used to refer to any of the three Baltic states of Estonia, Latvia, and Lithuania during their periods of economic boom, which started after the year 2000 and continued at least until 2007.