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Saturday, 23.11.2024, 02:11
SEB: Latvia will remain the fastest-growing of all Baltic and EU countries in 2013
BC, Riga, 17.10.2013.Print version
SEB banka has raised Latvia's GDP growth forecast to 4% this year. The bank previously predicted 3.5% GDP growth this year, informs LETA/Nozare.lv.
SEB banka also predicts that Latvia's GDP will grow 4.8% in 2014 and 2015.
According to SEB banka analysts, Latvia will remain the fastest-growing of all Baltic and EU countries. Latvia's growth is comparatively balanced, but low investment activity is a source of concern.
SEB banka forecasts that Estonia's economic growth will be the slowest of all Baltic countries this year. The bank predicts that Estonia's economy will grow 1.3% this year, 2.6% in 2014 and 2.9% in 2015.
SEB banka also predicts that Lithuania's economy will grow 3.8% this year, 3.5% in 2014 and 4.5% in 2015.