Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.10 1.11 1.1 1.1 1.1 1.09
Stock Market (points) 740.78 714 711 708 705 699
Government Bond 10y (%) 0.38 0.46 0.49 0.53 0.57 0.65
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.20 0.6 0.5 0.5 0.4 0.4
GDP Annual Growth Rate (%) 3.70 2.8 2.3 2.7 2.6 2.3
Unemployment Rate (%) 8.70 8.8 8 8.1 8.5 8.4
Inflation Rate (%) 2.70 2.3 2.2 2.3 2.2 2.2
Inflation Rate Mom (%) 0.30 0.3 0.6 0.6 0.3 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -81.90 -220 60 -60 -140 -200
Current Account (EUR Million) 222.90 50 120 90 190 120
Current Account to GDP (%) 1.60 1.6 1.6 1.6 1.6 1.8
Government Debt to GDP (%) 34.20 36.4 36.4 36.4 36.4 36
Government Budget (% of GDP) 0.70 0.1 0.1 0.1 0.1 0.2
Retail Sales MoM (%) -3.80 7 7 7 5 5
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.20 0.6 0.5 0.5 0.4 0.4
GDP Annual Growth Rate (%) 3.70 2.8 2.3 2.7 2.6 2.3
GDP (USD Billion) 53.25 57.5 57.5 57.5 57.5 60.5
GDP Constant Prices (EUR Million) 10741.70 9645 9706 10838 11021 11274
Gross National Product (EUR Million) 43810.70 44219 44147 44205 44950 45984
Gross Fixed Capital Formation (EUR Million) 2618.80 1693 2127 2642 2687 2749
GDP per capita (USD) 17669.70 19300 19300 19300 19300 20400
GDP per capita PPP (USD) 31065.06 33200 33200 33200 33200 34800
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 8.70 8.8 8 8.1 8.5 8.4
Wages (EUR/Month) 1317.60 990 990 990 1050 1050
Wages in Manufacturing (EUR/Month) 1317.60 960 960 960 990 990
Minimum Wages (EUR/Month) 555.00 600 600 600 600 640
Population (Million) 2.81 2.76 2.76 2.76 2.73 2.69
Retirement Age Women 62.33 63 63 63 63 63
Retirement Age Men 63.67 64 64 64 64 64
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.70 2.3 2.2 2.3 2.2 2.2
Inflation Rate Mom (%) 0.30 0.3 0.6 0.6 0.3 0.4
Consumer Price Index CPI (points) 111.02 112 113 113 113 116
Harmonised Consumer Prices (points) 110.62 109 109 109 113 116
Core Consumer Prices (points) 110.70 109 111 112 112 114
Producer Prices (points) 105.70 107 109 109 110 114
Producer Prices Change (%) 1.60 2.5 2.3 2.7 3.2 3.3
Food Inflation (%) 3.50 2.9 2.9 2.9 2.8 2.8
Cpi Housing Utilities (points) 103.89 102 102 102 103 103
Cpi Transportation (points) 108.06 108 108 108 109 109
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.39 -0.4 -0.4 -0.4 -0.4 -0.4
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (EUR Million) -81.90 -220 60 -60 -140 -200
Current Account (EUR Million) 222.90 50 120 90 190 120
Current Account to GDP (%) 1.60 1.6 1.6 1.6 1.6 1.8
Imports (EUR Million) 2636.70 2740 2550 2680 2720 2950
Exports (EUR Million) 2554.90 2580 2500 2620 2480 2750
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 34.20 36.4 36.4 36.4 36.4 36
Government Budget (% of GDP) 0.70 0.1 0.1 0.1 0.1 0.2
Government Budget Value (EUR Million) 444.80 -66.23 -66.23 -66.23 -116 -136
Government Spending (EUR Million) 1512.90 1554 1486 1527 1552 1588
Government Spending to GDP (%) 34.00 34.8 34.8 34.8 34.8 34.7
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 21.27 21.27 21.27 21.27 21.27 21.27
Social Security Rate For Companies (%) 1.77 1.77 1.77 1.77 1.77 1.77
Social Security Rate For Employees (%) 19.50 19.5 19.5 19.5 19.5 19.5
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) -0.40 4.5 4.2 3.9 3.7 3.2
Industrial Production Mom (%) -1.90 1.8 0.5 0.5 0.8 0.5
Consumer Actual Q1 Q2 Q3 Q4 2020
Retail Sales MoM (%) -3.80 7 7 7 5 5
Retail Sales YoY (%) 3.90 0.1 0.6 1.2 1.8 2.2
Consumer Spending (EUR Million) 6956.63 5945 6476 7019 7138 7302
Gasoline Prices (USD/Liter) 1.30 1.43 1.46 1.5 1.54 1.54
Consumer Credit (EUR Million) 733.90 663 668 748 758 776


This page has economic forecasts for Lithuania including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Lithuania economy.