Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1.11 1.09 1.09 1.08 1.08 1.07
Stock Market (points) 691.57 685 681 677 674 666
Government Bond 10y (%) 0.25 0.21 0.21 0.22 0.23 0.25
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.80 0.6 0.7 0.6 0.5 0.4
GDP Annual Growth Rate (%) 3.90 3 2.5 2.8 2.7 2
Unemployment Rate (%) 8.20 8.2 8.7 8.8 8 8.5
Inflation Rate (%) 2.60 2.5 2.5 2.3 2.2 2.2
Inflation Rate Mom (%) -0.40 1 0.1 0.3 0.6 0.3
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -353.30 -320 -200 -220 60 -140
Current Account (EUR Million) -102.46 160 200 200 200 190
Current Account to GDP (%) 1.60 1 1 0.5 0.5 0.5
Government Debt to GDP (%) 34.20 37 37 36.4 36.4 36.4
Government Budget (% of GDP) 0.70 0.5 0.5 0.1 0.1 0.1
Retail Sales MoM (%) 5.50 -8.1 16 7 7 5
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.80 0.6 0.7 0.6 0.5 0.4
GDP Annual Growth Rate (%) 3.90 3 2.5 2.8 2.7 2
GDP (USD Billion) 53.25 54.3 54.3 57.5 57.5 57.5
GDP Constant Prices (EUR Million) 9632.00 9591 9681 9823 9892 9875
Gross National Product (EUR Million) 40334.10 41544 41342 41463 41423 42169
Gross Fixed Capital Formation (EUR Million) 2110.60 2131 2127 1725 2168 2170
GDP per capita (USD) 17669.70 18000 18000 19300 19300 19300
GDP per capita PPP (USD) 31065.06 32000 32000 33200 33200 33200
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 8.20 8.2 8.7 8.8 8 8.5
Wages (EUR/Month) 1289.00 995 990 990 990 1050
Wages in Manufacturing (EUR/Month) 1289.00 995 960 960 960 990
Minimum Wages (EUR/Month) 555.00 555 555 600 600 600
Population (Million) 2.81 2.77 2.77 2.73 2.73 2.73
Retirement Age Women 62.33 62.33 62.67 63 63 63
Retirement Age Men 63.67 63.67 63.83 64 64 64
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.60 2.5 2.5 2.3 2.2 2.2
Inflation Rate Mom (%) -0.40 1 0.1 0.3 0.6 0.3
Consumer Price Index CPI (Index Points) 109.57 111 111 112 113 113
Core Consumer Prices (Index Points) 108.82 109 109 108 109 111
Producer Prices (Index Points) 105.00 110 107 107 109 110
Producer Prices Change (%) -3.50 -1.7 1.7 2.5 2.3 3.2
Food Inflation (%) 5.10 2.6 2.9 2.9 2.9 2.8
Cpi Housing Utilities (Index Points) 101.69 102 102 102 102 103
Cpi Transportation (Index Points) 108.28 108 108 108 108 109
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.41 -0.33 -0.33 -0.33 -0.33 -0.33
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (EUR Million) -353.30 -320 -200 -220 60 -140
Current Account (EUR Million) -102.46 160 200 200 200 190
Current Account to GDP (%) 1.60 1 1 0.5 0.5 0.5
Imports (EUR Million) 2821.20 2590 2560 2660 2620 2620
Exports (EUR Million) 2459.20 2320 2360 2440 2680 2480
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 34.20 37 37 36.4 36.4 36.4
Government Budget (% of GDP) 0.70 0.5 0.5 0.1 0.1 0.1
Government Spending (EUR Million) 1474.50 1361 1429 1583 1514 1457
Government Spending to GDP (%) 34.00 34.4 34.4 34.8 34.8 34.8
Taxes Actual Q3 Q4 Q1 Q2 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 41.98 41.98 41.98 21.27 41.98
Social Security Rate For Companies (%) 1.77 30.98 30.98 30.98 1.77 30.98
Social Security Rate For Employees (%) 19.50 11 11 11 19.5 11
Business Actual Q3 Q4 Q1 Q2 2020
Industrial Production (%) 5.20 5.5 5.2 5.2 5.2 3.9
Industrial Production Mom (%) 1.20 -1.4 1.1 1.8 0.5 0.8
Consumer Actual Q3 Q4 Q1 Q2 2020
Retail Sales MoM (%) 5.50 -8.1 16 7 7 5
Retail Sales YoY (%) 6.60 5 4.4 4.8 4.8 4
Consumer Spending (EUR Million) 6426.31 6514 6538 6055 6600 6668
Gasoline Prices (USD/Liter) 1.30 1.26 1.23 1.2 1.16 1.16


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.