
The average housing size in the European Union is 96 m2. However, in the Baltics, an average household must cope with 63–67 m2. A new financial analysis of Baltic households organized by SEB reveals that this is, in part, caused…
The state of the job market continues to improve, regardless of the slowing of economic growth and lower employment rate growth. Last year, the growth of average gross earnings was influenced by the increase in the minimum wage in each…
At the end of 2014, the volume of liquid assets per resident was on par with the recommended money reserve in all three Baltic States, but at the same time a significant number of the residents of Latvia and Lithuania…
According to the Baltic Retirement Readiness Index calculated based on an SEB survey, 90 percent of Estonian, Latvian and Lithuanian employed population hope to have alternatives (i.e. other sources of income) to the state pension. In reality, only a half…
According to an international survey conducted in 2013, as much as 74 per cent of Latvian families experienced some negative impact – job loss or decreased income – from the economic crisis. In Estonia, the proportion of such families was…
Mean net wages topped the pre-crisis levels in all three Baltic States. Wage statistics show a gap of almost 50 per cent between mean net wages in Estonia and the other Baltic States; in recent years, the gap has widened…
According to the SEB housing purchasing power index, in the last quarter of 2013 the accessibility of housing improved in both Vilnius and Riga but declined in Tallinn. In the last quarter of 2013, a resident of Riga on an…