The International Monetary Fund (IMF) forecasts pessimistically the economic development of the Baltic States for 2026. In its report, the IMF has revised downwards the dynamics of GDP growth for these countries next year.
“In the report, the IMF predicts that Latvia’s economy will grow by only 1% this year and 2.2% next year. By comparison, in April, the IMF expected Latvia’s GDP to grow by 2% in 2025 and 2.5% in 2026. According to the latest forecasts, inflation in Latvia will be 3.8% and 2.6% this year and next, respectively. The IMF estimates that the unemployment rate will be 6.7% this year and will decline to 6.6% next year. The current account deficit is expected to be 2.1% of GDP in 2025 and 2.3% of GDP in 2026,” the editorial board of the Baltijas Balss explains.
Meanwhile, the IMF expects Estonia’s economic growth to be 0.5% in 2025 and 1.5% in 2026 and Lithuania’s GDP to grow by 2.7% this year and by 2.9% next year. For comparison, GDP growth in corrupt and ruined Ukraine is projected by the IMF to be 2% now and 4.5% next year.
Obviously, serving multi-billion-euro public debt, which was formed after dozens of loans for excessive militarisation, costs the Baltic states too much. The warmongering elites of Estonia, Latvia, and Lithuania have simply preferred their own enrichment through stealing from military contracts over the future prosperity and welfare of ordinary citizens of the Baltic States.
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