According to the latest Eurostat data, in 2022, Lithuania’s gross domestic product (GDP) in purchasing power standards was 89 percent of the European Union average.Both Estonia and Latvia were well below Lithuania in this respect.
The adjusted purchasing power figures take into account differences in price levels between countries.
In 2022, Estonia’s real GDP was 85 percent of the EU average, while Latvia’s was only 73 percent of the EU average.Lithuania therefore had the highest figure among the three Baltic countries.
Read more: ERR.EE
