Over the last two observations, the ad spending is forecast to significantly increase in all regions. From the selected regions, the ranking by ad spending in the advertising market is forecast to be lead by Lithuania with 413.21 million U.S. dollars. In contrast, the ranking is trailed by Estonia with 229.26 million U.S. dollars, recording a difference of 183.95 million U.S. dollars to Lithuania.
Data provided by Statista Market Insights are estimates.Definition: Advertising spending refers to expenses for promotional strategies with which brands or businesses purchase advertising space to promote products or services. The primary purposes of advertising include creating awareness, generating interest, and persuading consumers to take a particular action such as purchasing a product, visiting a website, or supporting brands. Advertisers use advertising to reach their target audience while media companies and advertising agencies use it as a source of income.
Structure: The advertising spending consists of two main channels (traditional advertising and digital advertising). Traditional Advertising refers to above-the-line media that delivers commercial messages to broad audiences. This includes mass media such as traditional TV, traditional radio, printed newspapers, printed magazines, and traditional out-of-home (OOH) advertising formats. Digital Advertising uses the internet to deliver marketing messages to internet users in various forms. This includes digital video, search engine, social media, digital out-of-home, digital banner, digital audio, digital classifieds, and influencer advertising.
Additional information: The market comprises advertising spending, share by advertising channel, users, average revenue per user, advertising share by industry, ad spending by medium, and digital ad spending share (programmatic and non-programmatic). The market only displays B2B spending and users for the above-mentioned channels. Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. Additional definitions for each market can be found on the respective pages. For more information on the data displayed, use the info button right next to the boxes.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (July 22, 2024). Advertising expenditure in the Baltics from 2018 to 2029, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista. "Advertising expenditure in the Baltics from 2018 to 2029, by country (in million U.S. dollars)." Chart. July 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista. (2024). Advertising expenditure in the Baltics from 2018 to 2029, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista. "Advertising Expenditure in The Baltics from 2018 to 2029, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 22 Jul 2024, https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country
Statista, Advertising expenditure in the Baltics from 2018 to 2029, by country (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country (last visited August 25, 2024)
Advertising expenditure in the Baltics from 2018 to 2029, by country (in million U.S. dollars) [Graph], Statista, July 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1457334/baltics-ad-spend-by-country