Markets Actual Q4 Q1 Q2 Q3 2021
Currency 1.16 1.16 1.16 1.16 1.15 1.14
Stock Market (points) 745.15 737 731 725 719 707
Government Bond 10y (%) 0.13 0.13 0.14 0.15 0.16 0.18

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) 3.70 2.5 2.1 2 2.1 1.7
GDP Annual Growth Rate (%) -0.10 -7 0.2 3.7 7 5.5
Unemployment Rate (%) 14.10 12 12.5 11 11 9.8
Inflation Rate (%) 0.70 1.1 1.4 1.5 1.5 1.7
Inflation Rate Mom (%) 0.40 0.3 0.3 0.3 0.3 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 92.00 -140 -140 -240 -240 -200
Current Account (EUR Million) 338.50 190 190 190 190 120
Current Account to GDP (%) 4.30 1.6 1.8 1.8 1.8 1.8
Government Debt to GDP (%) 36.30 41 42.5 42.5 42.5 42.5
Government Budget (% of GDP) 0.30 -4.7 -5.6 -5.6 -5.6 -5.6
Business Confidence (points) -5.90 -32 -26 -26 -26 -17
Consumer Confidence (points) 1.00 -5 -1 -7 -3 -4
Retail Sales MoM (%) -6.10 5 5 5 5 5
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) 3.70 2.5 2.1 2 2.1 1.7
GDP Annual Growth Rate (%) -0.10 -7 0.2 3.7 7 5.5
GDP (USD Billion) 54.22 42.5 46.8 46.8 46.8 46.8
GDP Constant Prices (EUR Million) 10312.20 9945 10134 10900 10694 10194
Gross National Product (EUR Million) 46912.40 42541 43629 47006 48648 43605
Gross Fixed Capital Formation (EUR Million) 2124.30 2189 2343 1988 2203 2244
GDP per capita (USD) 18427.15 15300 16000 16000 16000 16000
GDP per capita PPP (USD) 36974.90 33200 35800 35800 35800 35800

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 14.10 12 12.5 11 11 9.8
Wages (EUR/Month) 1381.00 1050 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1381.00 990 990 990 990 990
Minimum Wages (EUR/Month) 607.00 600 640 640 640 640
Population (Million) 2.79 2.73 2.71 2.71 2.71 2.69
Retirement Age Women 63.00 63 63.33 63.33 63.33 63.33
Retirement Age Men 64.00 64 64.17 64.17 64.17 64.17

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 0.70 1.1 1.4 1.5 1.5 1.7
Inflation Rate Mom (%) 0.40 0.3 0.3 0.3 0.3 0.4
Harmonised Consumer Prices (points) 110.66 113 113 113 113 116
Consumer Price Index CPI (points) 111.40 112 113 113 113 114
Core Consumer Prices (points) 112.44 111 113 112 113 113
Producer Prices (points) 95.04 110 99.79 97.01 99.12 114
Producer Prices Change (%) -10.20 3.2 3.2 3.2 3.2 3.3
Cpi Housing Utilities (points) 97.94 103 103 103 103 103
Cpi Transportation (points) 102.95 109 109 109 109 109
Food Inflation (%) 1.60 2.8 2.8 2.8 2.8 2.8

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.49 -0.06 -0.38 -0.38 -0.38 0.44

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (EUR Million) 92.00 -140 -140 -240 -240 -200
Current Account (EUR Million) 338.50 190 190 190 190 120
Current Account to GDP (%) 4.30 1.6 1.8 1.8 1.8 1.8
Imports (EUR Million) 2374.10 2720 2720 2720 2720 2950
Exports (EUR Million) 2466.10 2480 2480 2480 2480 2750

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 36.30 41 42.5 42.5 42.5 42.5
Government Budget (% of GDP) 0.30 -4.7 -5.6 -5.6 -5.6 -5.6
Government Budget Value (EUR Million) -574.10 -116 -116 -116 -116 -136
Government Spending (EUR Million) 1635.30 1460 1482 1751 1696 1497
Government Spending to GDP (%) 34.90 42.3 37.8 37.8 37.8 37.8

Taxes Actual Q4 Q1 Q2 Q3 2021
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 21.27 41.98
Social Security Rate For Companies (%) 1.77 30.98 1.77 1.77 1.77 30.98
Social Security Rate For Employees (%) 19.50 11 19.5 19.5 19.5 11

Business Actual Q4 Q1 Q2 Q3 2021
Business Confidence (points) -5.90 -32 -26 -26 -26 -17
Industrial Production (%) -1.30 -1 1.5 3.8 3 4
Industrial Production Mom (%) -0.40 0.8 0.8 0.8 0.8 0.5

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Confidence (points) 1.00 -5 -1 -7 -3 -4
Retail Sales MoM (%) -6.10 5 5 5 5 5
Retail Sales YoY (%) 7.70 3.5 5 2.8 3.2 4.5
Consumer Spending (EUR Million) 6294.27 6735 6483 6365 6527 6903
Consumer Credit (EUR Million) 745.40 715 669 767 771 733
Gasoline Prices (USD/Liter) 1.18 1.15 1.02 0.97 0.92 1.09


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.