Baltic states

Minimum Wages Set to Increase in Baltic States in 2023

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In 2023 minimum wage is set to increase in all Baltic states. Estonia will have a minimum wage of EUR 725; Latvia - EUR 620 and Lithuania - EUR 800. During the past 5 years minimum wages across the…


Minimum Wage Set to Rise in Baltic States in 2018

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During the past few years, there have been some positive improvements for raising the minimum wage in all three Baltic states (Estonia, Latvia, and Lithuania). In 2018 minimum wage is set to rise in…


Minimum Wage Set to Rise in All Baltic States in 2016

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There have been some positive improvements for raising the minimum wage in all three Baltic states (Estonia, Latvia, and Lithuania) in recent years. And there are more to come. In 2016 minimum wage…


Minimum Wages in Baltic States 2015

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The Baltic States, which include Estonia, Latvia, and Lithuania, have been recognized as one of the fastest-growing regions in the European Union. The region has experienced significant economic…


Baltic States vs. South Caucasus GDP Comparison: 2012-2013

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A while ago, I compared the GDP of Baltic nations with Caucasian nations using data from 2012. As we are now in the second half of 2014, it's time to revisit this comparison using the most recent…


Minimum Wages in European Union 2014

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The minimum wage is set by the government as the minimum standard of guaranteed income (hourly/monthly) that a worker should receive for the work he/she performs. In 2014, there were 22 countries out…


Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014

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It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in…


Minimum wage in Baltic states

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Minimum wages in the Baltic states are the lowest ones in the European Union. In 2013 minimum wage in Baltic states was $427 in Estonia, $379 in Latvia and $385 in Lithuania. Update: Minimum Wage…


Population changes in former Soviet Union

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15 former Soviet Union republics, then and now. In 1990 in the Soviet Union lived 287.728 million people. In 2012 in the former republics lived 290.587 million people, which is 0.98% increase. A…


Future Forecast of GDP in CIS, Baltic States, and Georgia in 2018 - An Analysis

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I recently wrote an article exploring the Gross Domestic Product (GDP) of the Commonwealth of Independent States (CIS), Baltic states, and Georgia in 2012. Now, I'm turning my gaze to the future and…