Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.14 1.13 1.13 1.12 1.11 1.1
Stock Market (points) 658.33 648 644 641 637 630
Government Bond 10y (%) 1.10 1.17 1.19 1.21 1.23 1.27
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.30 0.9 0.8 0.6 0.5 0.6
GDP Annual Growth Rate (%) 3.70 3.1 2.7 2.5 2.9 2.5
Unemployment Rate (%) 9.20 8.1 8.1 7.8 7.7 7.2
Inflation Rate (%) 2.10 1.8 2.5 2.4 2.5 2.4
Inflation Rate Mom (%) 0.10 0.4 0.3 0.1 0.1 0.3
Interest Rate (%) 0.00 0 0 0 0 0.75
Balance of Trade (EUR Million) -87.90 -100 -150 -267 -20 -40
Current Account (EUR Million) 54.89 -80 120 160 200 190
Current Account to GDP (%) 0.80 -1 -1 -1 -1 -0.8
Government Debt to GDP (%) 39.70 38.4 38.4 38.4 38.4 37.5
Government Budget (% of GDP) 0.50 0.5 0.5 0.5 0.5 0.7
Retail Sales MoM (%) -19.00 16.3 -0.5 -8.1 16 5
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.30 0.9 0.8 0.6 0.5 0.6
GDP Annual Growth Rate (%) 3.70 3.1 2.7 2.5 2.9 2.5
GDP (USD Billion) 47.17 49 49 49 49 52
GDP Constant Prices (EUR Million) 9429.40 9304 9376 9341 9533 9771
Gross National Product (EUR Million) 40334.10 40751 40697 40670 41504 42541
Gross Fixed Capital Formation (EUR Million) 2075.50 1563 1970 2087 2129 2183
GDP per capita (USD) 16793.25 18000 18000 18000 18000 18700
GDP per capita PPP (USD) 29524.26 30900 30900 30900 30900 31000
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 9.20 8.1 8.1 7.8 7.7 7.2
Wages (EUR/Month) 970.30 940 995 1001 990 1050
Wages in Manufacturing (EUR/Month) 970.30 960 995 1001 960 990
Minimum Wages (EUR/Month) 400.00 430 430 430 430 450
Population (Million) 2.81 2.79 2.77 2.76 2.77 2.73
Retirement Age Women 62.33 62.67 62.33 62.33 62.67 63
Retirement Age Men 63.67 63.83 63.67 63.67 63.83 64
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.10 1.8 2.5 2.4 2.5 2.4
Inflation Rate Mom (%) 0.10 0.4 0.3 0.1 0.1 0.3
Consumer Price Index CPI (Index Points) 108.42 109 110 111 112 114
Harmonised Consumer Prices (Index Points) 107.86 109 110 110 111 114
Core Consumer Prices (Index Points) 106.58 107 109 109 109 111
Producer Prices (Index Points) 105.90 105 108 110 107 110
Producer Prices Change (%) 2.80 2.7 0.9 0.3 2.8 3.2
Food Inflation (%) 0.80 3.2 2.8 2.6 2.9 2.8
Cpi Housing Utilities (Index Points) 109.49 102 102 102 102 103
Cpi Transportation (Index Points) 102.83 108 108 108 108 109
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 0.00 0 0 0 0 0.75
Interbank Rate (%) -0.31 -0.32 -0.32 -0.27 -0.22 -0.22
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (EUR Million) -87.90 -100 -150 -267 -20 -40
Current Account (EUR Million) 54.89 -80 120 160 200 190
Current Account to GDP (%) 0.80 -1 -1 -1 -1 -0.8
Imports (EUR Million) 2358.30 2790 2740 2594 2760 3020
Exports (EUR Million) 2270.50 2690 2590 2327 2740 2980
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 39.70 38.4 38.4 38.4 38.4 37.5
Government Budget (% of GDP) 0.50 0.5 0.5 0.5 0.5 0.7
Government Budget Value (EUR Million) 178.40 -112 -203 -103 -66.23 -116
Government Spending (EUR Million) 1384.40 1572 1498 1333 1339 1372
Government Spending to GDP (%) 33.30 32.6 32.6 32.6 32.6 32.2
Taxes Actual Q1 Q2 Q3 Q4 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 (%) 41.98 41.98 41.98 41.98 41.98 41.98
Social Security Rate For Companies (%) 30.98 30.98 30.98 30.98 30.98 30.98
Social Security Rate For Employees (%) 11.00 11 11 11 11 11
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) 5.80 5.4 5.34 5.5 5.2 3.9
Industrial Production Mom (%) -0.10 1.12 0.37 0.47 1.1 0.6
Consumer Actual Q1 Q2 Q3 Q4 2020
Retail Sales MoM (%) -19.00 16.3 -0.5 -8.1 16 5
Retail Sales YoY (%) 5.90 5.5 5.1 5 4.4 4
Consumer Spending (EUR Million) 6385.20 5760 6254 6403 6534 6698
Gasoline Prices (USD/Liter) 1.24 1.21 1.18 1.15 1.12 1.12


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.