According to a research published in April made by the Estonian central bank the countries where noticed for the speed of their economic adjustment and that they have regained the majority of the total output that was lost during the crisis. Also, the three states have managed to lower unemployment and reduce several pre-existing imbalances and vulnerabilities better than other euro-zone peers.  

The Baltic states economies shrunk by the most in the European Union during the crisis. They all suffered a much sharper decline in gross domestic product in the first wave of the crisis — output falling by a cumulative 24.6% in Latvia and 19.5% in Estonia.  
Estonia’s finance ministry forecast in the beginning of April was that the country’s economy will grow 3% in 2013, after 3.2% growth in 2012. 

’s central bank expects growth of 3.1% this year, a little less than in 2012. 

Latvia expects growth to slow to 3.6%, from 5.6% in 2012.