Lithuania recorded a government budget deficit of 68.50 EUR Million in the fourth quarter of 2019.

Government Budget Value in Lithuania averaged -145.28 EUR Million from 1999 until 2019, reaching an all time high of 517.40 EUR Million in the second quarter of 2018 and a record low of -1800.50 EUR Million in the fourth quarter of 2011. This page provides - Lithuania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Government Budget Value - values, historical data and charts - was last updated on August of 2020.

Government Budget Value in Lithuania is expected to be -66.23 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Lithuania to stand at -116.09 in 12 months time. In the long-term, the Lithuania Government Budget Value is projected to trend around -135.98 EUR Million in 2021, according to our econometric models.

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Lithuania Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-68.50 19.60 517.40 -1800.50 1999 - 2019 EUR Million Quarterly
Current Prices, NSA

Lithuania Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.30 33.80 42.60 11.50 percent [+]
Government Budget 0.30 0.60 0.60 -11.80 percent of GDP [+]
Government Budget Value -68.50 19.60 517.40 -1800.50 EUR Million [+]
Government Spending 1747.70 1593.60 1747.70 1257.60 EUR Million [+]
Government Spending to GDP 34.90 34.00 50.30 33.20 percent [+]
Government Revenues 4976.40 3995.10 4976.40 1106.50 EUR Million [+]
Government Debt 19698.20 19458.80 19698.20 3249.10 EUR Million [+]
Fiscal Expenditure 5044.90 3975.50 5044.90 1164.50 EUR Million [+]
Military Expenditure 956.00 812.00 956.00 83.50 USD Million [+]
Credit Rating 75.00 [+]
Asylum Applications 5.00 0.00 110.00 0.00 persons [+]


Lithuania Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.