However , 2009 , due to Global financial crisis marked experienced a drastic decline -- GDP contracted by 14.9 % and unemployment rate reached 17.8 % in 2010 .
As a result , the country was often termed as a Baltic Tiger .
2009 , due to Global financial crisis marked experienced a drastic decline -- GDP contracted by 14.9 % and unemployment rate reached 17.8 % in 2010 .
As a result , the country was often termed as a Baltic Tiger .