Lithuania recorded a Government Budget surplus equal to 0.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Lithuania averaged -2.84 percent of GDP from 1995 until 2018, reaching an all time high of 0.70 percent of GDP in 2018 and a record low of -11.80 percent of GDP in 1997.

Government Budget in Lithuania is expected to be 0.10 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Government Budget is projected to trend around 0.10 percent of GDP in 2020, according to our econometric models.

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Lithuania Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.50 0.70 -11.80 1995 - 2018 percent of GDP Yearly

Lithuania Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Lithuania Government Last Previous Highest Lowest Unit
Government Debt to GDP 34.20 39.40 42.60 11.50 percent [+]
Government Budget 0.70 0.50 0.70 -11.80 percent of GDP [+]
Government Budget Value 444.80 -234.00 517.40 -1800.50 EUR Million [+]
Government Spending 1512.90 1474.50 1539.70 1257.60 EUR Million [+]
Government Spending to GDP 34.00 33.10 50.30 33.10 percent [+]
Government Revenues 4570.90 3511.80 4570.90 1106.50 EUR Million [+]
Government Debt 16845.10 16733.00 16845.10 3249.10 EUR Million [+]
Fiscal Expenditure 4126.10 3745.80 4693.80 1164.50 EUR Million [+]
Credit Rating 72.00 [+]
Military Expenditure 956.00 812.00 956.00 83.50 USD Million [+]
Asylum Applications 55.00 75.00 100.00 0.00 persons [+]