Markets Actual Q1 Q2 Q3 Q4 2022
Currency 1.21 1.21 1.21 1.2 1.2 1.19
Stock Market (points) 850.99 841 834 827 820 806
Government Bond 10y (%) 0.12 0.12 0.13 0.14 0.15 0.17

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) 1.20 -0.6 0.5 3.2 0.6 0.5
GDP Annual Growth Rate (%) -1.20 0.2 3.7 1 2.5 2.8
Unemployment Rate (%) 16.40 16.6 16.2 15.4 15.2 12
Inflation Rate (%) 0.30 1.2 1.5 1.5 1.7 1.7
Inflation Rate Mom (%) 0.50 0.5 0.3 0.3 0.4 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 173.30 -140 -240 -240 -200 -200
Current Account (EUR Million) 558.10 190 190 190 120 120
Current Account to GDP (%) 4.30 1.8 1.8 1.8 1.8 1.5
Government Debt to GDP (%) 36.30 42.5 42.5 42.5 42.5 43.8
Government Budget (% of GDP) 0.30 -5.6 -5.6 -5.6 -5.6 -4.2
Business Confidence (points) -2.30 -26 -26 -26 -17 -13
Consumer Confidence (points) -2.00 -1 -7 -3 -4 -12
Retail Sales MoM (%) -23.90 11 -1.5 -6.8 10.5 7
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) 1.20 -0.6 0.5 3.2 0.6 0.5
GDP Annual Growth Rate (%) -1.20 0.2 3.7 1 2.5 2.8
GDP (USD Billion) 54.22 46.8 46.8 46.8 46.8 52
GDP Constant Prices (EUR Million) 10813.00 10900 10694 10787 11083 11394
Gross National Product (EUR Million) 46912.40 47006 48648 47382 48085 49432
Gross Fixed Capital Formation (EUR Million) 2620.20 1988 2203 2646 2686 2761
GDP per capita (USD) 18427.15 16000 16000 16000 16000 18000
GDP per capita PPP (USD) 36974.90 35800 35800 35800 35800 37300

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 16.40 16.6 16.2 15.4 15.2 12
Wages (EUR/Month) 1524.20 1050 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1524.20 990 990 990 990 990
Minimum Wages (EUR/Month) 642.00 642 642 642 642 690
Population (Million) 2.79 2.71 2.71 2.71 2.69 2.65
Retirement Age Women 63.00 63.33 63.33 63.33 63.33 63.67
Retirement Age Men 64.00 64.17 64.17 64.17 64.17 64.33

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 0.30 1.2 1.5 1.5 1.7 1.7
Inflation Rate Mom (%) 0.50 0.5 0.3 0.3 0.4 0.4
Harmonised Consumer Prices (points) 111.05 113 113 113 116 116
Consumer Price Index CPI (points) 111.80 113 113 113 113 115
Core Consumer Prices (points) 112.21 111 113 112 113 113
Producer Prices (points) 98.76 89.45 97.57 99.07 102 106
Producer Prices Change (%) -6.30 -7.5 3.8 4.2 4.5 4.5
Cpi Housing Utilities (points) 102.59 103 103 103 103 103
Cpi Transportation (points) 105.05 109 109 109 109 109
Food Inflation (%) -0.20 2.8 2.8 2.8 2.8 2.8

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.55 -0.55 -0.55 -0.55 -0.55 -0.55

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (EUR Million) 173.30 -140 -240 -240 -200 -200
Current Account (EUR Million) 558.10 190 190 190 120 120
Current Account to GDP (%) 4.30 1.8 1.8 1.8 1.8 1.5
Imports (EUR Million) 2513.00 2720 2720 2720 2950 2950
Exports (EUR Million) 2686.30 2480 2480 2480 2750 2750

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 36.30 42.5 42.5 42.5 42.5 43.8
Government Budget (% of GDP) 0.30 -5.6 -5.6 -5.6 -5.6 -4.2
Government Budget Value (EUR Million) -925.50 -116 -116 -116 -136 -136
Government Spending (EUR Million) 1479.10 1751 1696 1494 1516 1559
Government Spending to GDP (%) 34.90 37.8 37.8 37.8 37.8 35

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 21.27 41.98 21.27 21.27 41.98 41.98
Social Security Rate For Companies (%) 1.77 30.98 1.77 1.77 30.98 30.98
Social Security Rate For Employees (%) 19.50 11 19.5 19.5 11 11

Business Actual Q1 Q2 Q3 Q4 2022
Business Confidence (points) -2.30 -26 -26 -26 -17 -13
Industrial Production (%) 11.80 1.5 3.8 3 4 3.8
Industrial Production Mom (%) 2.10 0.8 0.8 0.8 0.5 0.5

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Confidence (points) -2.00 -1 -7 -3 -4 -12
Retail Sales MoM (%) -23.90 11 -1.5 -6.8 10.5 7
Retail Sales YoY (%) -5.20 5 2.8 3.2 4.5 4.9
Consumer Spending (EUR Million) 7060.47 6365 6527 7131 7237 7440
Consumer Credit (EUR Million) 705.70 767 771 753 728 748
Gasoline Prices (USD/Liter) 1.42 1.27 1.21 1.15 1.09 1.04


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.