GDP Calculations

The database includes data series on employment in the Baltic States in three main sectors: industry (industry and construction); services; and agriculture (agriculture, fisheries and forestry). The database includes data series of the national GDP of the Baltic States, as well as the GDP of the regions of the Baltic States for individual years (for the interwar period and the period after the restoration of independence). GDP series are reflected in 1990; in 2011 and 2017 international dollars.

The analysis of the GDP of the Baltic States leads to the conclusion that the Baltic States have been able to successfully overcome global geopolitical and economic crises (the two world wars, the world economic crises of 1929-1932 and 2008, economic transformation after the collapse of the USSR and the restoration of independence). In the post-crisis and post-war periods, the Baltics have shown faster recovery rates than other European regions and Europe.

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