Against a backdrop of growing geopolitical uncertainty, Nordic–Baltic cooperation has never been more important. 

The 2026 Baltic Business Climate Survey offers a direct account of how Swedish companies view business conditions, investment opportunities and future prospects in Estonia, Latvia and Lithuania. The findings are encouraging: most companies report a profit, and many plan to maintain or increase their investments. At the same time, access to skilled labour, predictable regulation and efficient administration remain important challenges, pointing to considerable untapped growth potential across the region.

The survey was developed jointly by the Swedish Embassies in Estonia, Latvia and Lithuania and the Stockholm School of Economics in Riga, with support from the Swedish Chambers of Commerce. More than 300 company representatives contributed their perspectives. We also thank SAAB, SEB and Stena Line for their support. We hope the findings will encourage further dialogue between businesses and governments on strengthening the Baltic business environment, supporting innovation and building a more resilient and competitive region.
 

Explore the Reports

Here you will find four reports: a Pan-Baltic report providing a regional overview and three country-specific reports offering a closer look at the business climate in each Baltic state.

• Pan-Baltic Business Climate Survey 2026

• Estonia Business Climate Survey 2026

• Latvia Business Climate Survey 2026

• Lithuania Business Climate Survey 2026