Markets Actual Q3 Q4 Q1 Q2 2022
Currency 1.19 1.17 1.17 1.16 1.16 1.14
Stock Market (points) 965.03 952 938 926 913 888
Government Bond 10y (%) 0.13 0.12 0.13 0.15 0.16 0.19

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.40 1.2 0.6 0.9 1 1.1
GDP Annual Growth Rate (%) 6.90 2.1 2.8 6.5 4 4.5
Unemployment Rate (%) 12.90 14.8 15.2 15 14.9 14
Inflation Rate (%) 3.60 2.5 2.3 2 1.9 1.9
Inflation Rate Mom (%) 0.60 0.5 0.4 0.4 0.4 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -362.80 -140 -200 -200 -200 -200
Current Account (EUR Million) -15.90 190 120 120 120 120
Current Account to GDP (% of GDP) 8.30 6.2 6.2 4.9 4.9 4.9
Government Debt to GDP (% of GDP) 47.30 42.5 42.5 42.5 42.5 43.8
Government Budget (% of GDP) -7.40 -5.6 -5.6 -1.9 -1.9 -1.9
Business Confidence (points) 0.60 -26 -17 -17 -17 -13
Consumer Confidence (points) 4.00 -3 -4 -4 -4 -12
Retail Sales MoM (%) 3.40 -6.8 10.5 10.5 10.5 7
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.40 1.2 0.6 0.9 1 1.1
GDP Annual Growth Rate (%) 6.90 2.1 2.8 6.5 4 4.5
GDP (USD Billion) 55.89 46.8 46.8 46.8 46.8 52
GDP Constant Prices (EUR Million) 11138.40 10905 11116 11769 11584 11616
Gross National Product (EUR Million) 47412.40 47898 48740 50494 49309 50933
Gross Fixed Capital Formation (EUR Million) 2145.30 2675 2858 2285 2231 2986
GDP per capita (USD) 18390.76 16000 16000 16000 16000 18000
GDP per capita PPP (USD) 36732.03 35800 35800 35800 35800 37300

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 12.90 14.8 15.2 15 14.9 14
Wages (EUR/Month) 1517.40 1050 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1517.40 990 990 990 990 990
Minimum Wages (EUR/Month) 642.00 642 642 690 690 690
Population (Million) 2.79 2.71 2.69 2.69 2.69 2.65
Retirement Age Women 63.00 63.33 63.33 63.33 63.33 63.67
Retirement Age Men 64.00 64.17 64.17 64.17 64.17 64.33

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 3.60 2.5 2.3 2 1.9 1.9
Inflation Rate Mom (%) 0.60 0.5 0.4 0.4 0.4 0.4
Harmonised Consumer Prices (points) 114.74 113 116 116 116 116
Consumer Price Index CPI (points) 115.50 114 114 115 117 116
Core Consumer Prices (points) 114.83 111 113 113 113 113
Producer Prices (points) 104.69 99.07 102 106 109 106
Producer Prices Change (%) 11.30 4.2 4.5 4.5 4.5 4.5
Cpi Housing Utilities (points) 103.72 103 103 103 103 103
Cpi Transportation (points) 111.27 109 109 109 109 109
Food Inflation (%) 0.80 1.6 1.6 2 2 2.8

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.54 -0.54 -0.54 -0.54 -0.54 -0.54

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (EUR Million) -362.80 -140 -200 -200 -200 -200
Current Account (EUR Million) -15.90 190 120 120 120 120
Current Account to GDP (% of GDP) 8.30 6.2 6.2 4.9 4.9 4.9
Imports (EUR Million) 3094.40 2720 2950 2950 2950 2950
Exports (EUR Million) 2731.60 2480 2750 2750 2750 2750

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 47.30 42.5 42.5 42.5 42.5 43.8
Government Budget (% of GDP) -7.40 -5.6 -5.6 -1.9 -1.9 -1.9
Government Budget Value (EUR Million) -408.80 -116 -136 -136 -136 -136
Government Spending (EUR Million) 1728.60 1510 1608 1841 1798 1681
Government Spending to GDP (% of GDP) 43.50 37.8 37.8 37.8 37.8 35

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 21.27 41.98 41.98 41.98 41.98 41.98
Social Security Rate For Companies (%) 1.77 30.98 30.98 30.98 30.98 30.98
Social Security Rate For Employees (%) 19.50 11 11 11 11 11

Business Actual Q3 Q4 Q1 Q2 2022
Business Confidence (points) 0.60 -26 -17 -17 -17 -13
Industrial Production (%) 20.10 5.2 7.7 7.7 3.5 2.3
Industrial Production Mom (%) -0.20 0.8 0.5 0.5 0.5 0.5

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Confidence (points) 4.00 -3 -4 -4 -4 -12
Retail Sales MoM (%) 3.40 -6.8 10.5 10.5 10.5 7
Retail Sales YoY (%) 16.50 6.5 10 10 5.5 6
Consumer Spending (EUR Million) 6349.00 7209 7239 6762 6603 7564
Consumer Credit (EUR Million) 733.60 761 730 750 748 763
Gasoline Prices (USD/Liter) 1.53 1.45 1.38 1.31 1.25 1.18


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.