Lithuania recorded a Current Account surplus of 4.30 percent of the country's Gross Domestic Product in 2019. source: Bank of Lithuania

Current Account to GDP in Lithuania averaged -4.89 percent from 1995 until 2019, reaching an all time high of 4.30 percent in 2019 and a record low of -15.30 percent in 2007. This page provides - Lithuania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Current Account to GDP - values, historical data and charts - was last updated on July of 2021.

Current Account to GDP in Lithuania is expected to reach 6.20 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Current Account to GDP is projected to trend around 4.90 percent in 2022 and 3.70 percent in 2023, according to our econometric models.

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Lithuania Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
8.30 3.30 8.30 -15.30 1995 - 2020 percent of GDP Yearly

Lithuania Trade Last Previous Highest Lowest Unit
Balance of Trade -362.80 -273.10 173.30 -597.50 EUR Million [+]
Current Account -15.90 10.91 651.60 -562.70 EUR Million [+]
Current Account to GDP 8.30 3.30 8.30 -15.30 percent of GDP [+]
Imports 3094.40 2943.50 3114.60 153.20 EUR Million [+]
Exports 2731.60 2670.40 2771.10 135.50 EUR Million [+]
External Debt 35591.80 36308.80 36308.80 7273.80 EUR Million [+]
Capital Flows 265.30 128.10 1139.60 -756.40 EUR Million [+]
Remittances 152.84 152.95 428.26 75.89 EUR Million [+]
Gold Reserves 5.82 5.82 5.82 5.78 Tonnes [+]
Terrorism Index 0.23 0.46 0.46 0.00 [+]
Tourism Revenues 223.80 330.60 332.30 57.20 EUR Million [+]
Tourist Arrivals 219.20 357.30 709.80 152.80 Thousand [+]
Crude Oil Production 1.00 1.00 9.90 1.00 BBL/D/1K [+]
Foreign Direct Investment -25.68 271.35 845.47 -610.08 EUR Million [+]


Lithuania Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.