Lithuania's current account surplus widened to EUR 366.0 million in December 2019 from EUR 132.3 million in the same month last year, as the primary income account posted a EUR 51.7 million surplus, compared to a EUR 40.3 million gap, driven by EU subsidies for agriculture. Also, the secondary income surplus increased to EUR 91.9 million from EUR 77.5 million a year ago, and the services surplus rose to EUR 387.6 million from EUR 298.6 million. The goods deficit narrowed to EUR 165.3 million from EUR 203.5 million the year before.
Current Account in Lithuania averaged -73.51 EUR Million from 2004 until 2019, reaching an all time high of 482.70 EUR Million in October of 2019 and a record low of -574.42 EUR Million in March of 2008. This page provides - Lithuania Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Current Account in Lithuania is expected to be 50.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Lithuania to stand at 190.00 in 12 months time. In the long-term, the Lithuania Current Account is projected to trend around 120.00 EUR Million in 2021, according to our econometric models.