Markets Actual Q2 Q3 Q4 Q1 2022
Currency 1.21 1.21 1.21 1.2 1.2 1.19
Stock Market (points) 907.79 897 890 882 875 860
Government Bond 10y (%) 0.20 0.21 0.23 0.25 0.27 0.3

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 1.80 -0.3 1.2 0.6 0.9 1.1
GDP Annual Growth Rate (%) 1.00 6.9 2.1 2.8 2.5 4.5
Unemployment Rate (%) 14.30 16.2 15.4 15.2 15 14
Inflation Rate (%) 2.50 2.1 2.5 2.3 2 1.9
Inflation Rate Mom (%) 0.90 0.5 0.3 0.4 0.4 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -359.10 -140 -240 -200 -200 -200
Current Account (EUR Million) -79.70 190 190 120 120 120
Current Account to GDP (%) 4.30 6.2 6.2 6.2 4.9 4.9
Government Debt to GDP (%) 47.30 42.5 42.5 42.5 42.5 43.8
Government Budget (% of GDP) -7.40 -5.6 -5.6 -5.6 -1.9 -1.9
Business Confidence (points) 3.10 -26 -26 -17 -17 -13
Consumer Confidence (points) 1.00 -7 -3 -4 -4 -12
Retail Sales MoM (%) 21.80 -1.5 -6.8 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 Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 1.80 -0.3 1.2 0.6 0.9 1.1
GDP Annual Growth Rate (%) 1.00 6.9 2.1 2.8 2.5 4.5
GDP (USD Billion) 54.22 46.8 46.8 46.8 46.8 52
GDP Constant Prices (EUR Million) 11050.80 11024 10905 11116 11327 11616
Gross National Product (EUR Million) 47412.40 50149 47898 48740 48598 50933
Gross Fixed Capital Formation (EUR Million) 2779.80 2271 2675 2858 2849 2986
GDP per capita (USD) 18427.15 16000 16000 16000 16000 18000
GDP per capita PPP (USD) 36974.90 35800 35800 35800 35800 37300

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 14.30 16.2 15.4 15.2 15 14
Wages (EUR/Month) 1524.20 1050 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1524.20 990 990 990 990 990
Minimum Wages (EUR/Month) 642.00 642 642 642 690 690
Population (Million) 2.79 2.71 2.71 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 Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 2.50 2.1 2.5 2.3 2 1.9
Inflation Rate Mom (%) 0.90 0.5 0.3 0.4 0.4 0.4
Harmonised Consumer Prices (points) 113.57 113 113 116 116 116
Consumer Price Index CPI (points) 114.20 114 114 114 115 116
Core Consumer Prices (points) 112.56 111 113 113 113 113
Producer Prices (points) 101.45 97.57 99.07 114 106 106
Producer Prices Change (%) 10.70 3.8 4.2 4.5 4.5 4.5
Cpi Housing Utilities (points) 104.06 103 103 103 103 103
Cpi Transportation (points) 110.26 109 109 109 109 109
Food Inflation (%) -0.10 0.8 1.6 1.6 2 2.8

Money Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2022
Balance of Trade (EUR Million) -359.10 -140 -240 -200 -200 -200
Current Account (EUR Million) -79.70 190 190 120 120 120
Current Account to GDP (%) 4.30 6.2 6.2 6.2 4.9 4.9
Imports (EUR Million) 3097.60 2720 2720 2950 2950 2950
Exports (EUR Million) 2738.40 2480 2480 2750 2750 2750

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 47.30 42.5 42.5 42.5 42.5 43.8
Government Budget (% of GDP) -7.40 -5.6 -5.6 -5.6 -1.9 -1.9
Government Budget Value (EUR Million) -925.50 -116 -116 -136 -136 -136
Government Spending (EUR Million) 1564.50 1748 1510 1608 1604 1681
Government Spending to GDP (%) 34.90 37.8 37.8 37.8 37.8 35

Taxes Actual Q2 Q3 Q4 Q1 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 21.27 41.98 41.98 41.98
Social Security Rate For Companies (%) 1.77 30.98 1.77 30.98 30.98 30.98
Social Security Rate For Employees (%) 19.50 11 19.5 11 11 11

Business Actual Q2 Q3 Q4 Q1 2022
Business Confidence (points) 3.10 -26 -26 -17 -17 -13
Industrial Production (%) 14.50 8.5 5.2 7.7 4 2.3
Industrial Production Mom (%) 4.50 0.8 0.8 0.5 0.5 0.5

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Confidence (points) 1.00 -7 -3 -4 -4 -12
Retail Sales MoM (%) 21.80 -1.5 -6.8 10.5 10.5 7
Retail Sales YoY (%) 20.90 2.8 3.2 4.5 4.5 4.9
Consumer Spending (EUR Million) 7041.42 6729 7209 7239 7217 7564
Consumer Credit (EUR Million) 704.40 795 761 730 722 763
Gasoline Prices (USD/Liter) 1.40 1.27 1.21 1.09 1.09 1.04


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.