Economic Environment

The economic environment analysis offers a concise overview of the conditions shaping LHV’s operating context, highlighting key indicators of the economy and business cycle. The report covers the outlook for Estonia and its main trading partners, developments in exports, investment, inflation, the labour market, and major external factors. Additionally, the report presents an overview of the financial sector and its impact on the Estonian economy.

The analysis draws on data from Statistics Estonia, Bank of Estonia, Bank of England, and other publicly available sources, as well as LHV’s own forecasts and assessments.