Markets Actual Q4 Q1 Q2 Q3 2022
Currency 1.16 1.16 1.15 1.15 1.14 1.13
Stock Market (points) 958.41 911 897 882 868 840
Government Bond 10y (%) 0.30 0.17 0.19 0.21 0.23 0.28

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 1.00 0.6 0.9 1 1 1.1
GDP Annual Growth Rate (%) 7.80 2.8 2.2 4 4.3 4.5
Unemployment Rate (%) 11.30 11.6 11.4 11.3 11.5 11.8
Inflation Rate (%) 6.30 2.3 2 1.9 1.9 1.9
Inflation Rate Mom (%) 1.40 0.4 0.4 0.4 0.4 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -191.90 -200 -200 -200 -200 -200
Current Account (EUR Million) 168.50 120 120 120 120 120
Current Account to GDP (% of GDP) 8.30 6.2 4.9 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 -1.9 -1.9 -1.9 -1.9
Business Confidence (points) 0.30 -17 -17 -17 -17 -13
Consumer Confidence (points) 1.00 -4 -4 -4 -4 -12
Retail Sales MoM (%) -0.10 10.5 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 Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 1.00 0.6 0.9 1 1 1.1
GDP Annual Growth Rate (%) 7.80 2.8 2.2 4 4.3 4.5
GDP (USD Billion) 55.89 46.8 46.8 46.8 46.8 52
GDP Constant Prices (EUR Million) 11138.40 10194 11156 11335 11584 11659
Gross National Product (EUR Million) 47412.40 43605 48740 48455 49309 50933
Gross Fixed Capital Formation (EUR Million) 2699.00 2244 2858 2192 2807 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 Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 11.30 11.6 11.4 11.3 11.5 11.8
Wages (EUR/Month) 1566.40 1050 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1566.40 990 990 990 990 990
Minimum Wages (EUR/Month) 642.00 642 690 690 690 690
Population (Million) 2.79 2.69 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 Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 6.30 2.3 2 1.9 1.9 1.9
Inflation Rate Mom (%) 1.40 0.4 0.4 0.4 0.4 0.4
Harmonised Consumer Prices (points) 117.72 116 116 116 116 116
Consumer Price Index CPI (points) 118.50 114 115 118 121 116
Core Consumer Prices (points) 117.15 117 119 120 120 120
Core Inflation Rate (%) 4.20 4.5 5.7 3.4 2.8 2.3
Producer Prices (points) 109.47 112 114 115 117 118
Producer Prices Change (%) 15.10 14.9 13.1 10 7.1 5
Cpi Housing Utilities (points) 113.57 103 103 103 103 103
Cpi Transportation (points) 115.01 115 116 116 117 117
Food Inflation (%) 4.20 1.6 2 2 2 2.8

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.55 -0.55 -0.55 -0.55 -0.55 -0.55

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (EUR Million) -191.90 -200 -200 -200 -200 -200
Current Account (EUR Million) 168.50 120 120 120 120 120
Current Account to GDP (% of GDP) 8.30 6.2 4.9 4.9 4.9 4.9
Imports (EUR Million) 3163.20 2950 2950 2950 2950 2950
Exports (EUR Million) 2971.30 2750 2750 2750 2750 2750

Government Actual Q4 Q1 Q2 Q3 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 -1.9 -1.9 -1.9 -1.9
Government Budget Value (EUR Million) 153.60 -136 -136 -136 -136 -136
Government Spending (EUR Million) 1669.30 1497 1635 1757 1736 1709
Government Spending to GDP (% of GDP) 43.50 37.8 37.8 37.8 37.8 35

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2022
Business Confidence (points) 0.30 -17 -17 -17 -17 -13
Industrial Production (%) 19.60 7.7 7.7 3.5 3.5 2.3
Industrial Production Mom (%) 4.30 0.5 0.5 0.5 0.5 0.5

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 1.00 -4 -4 -4 -4 -12
Retail Sales MoM (%) -0.10 10.5 10.5 10.5 10.5 7
Retail Sales YoY (%) 11.40 2.5 -18 -5.5 2 3
Consumer Spending (EUR Million) 6990.57 6903 7096 6485 7270 7415
Consumer Credit (EUR Million) 757.20 730 720 763 790 763
Gasoline Prices (USD/Liter) 1.60 1.52 1.44 1.37 1.3 1.24


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.