Lithuania recorded a government budget deficit of 408.80 EUR Million in the first quarter of 2021. source: Statistics Lithuania

Government Budget Value in Lithuania averaged -180.23 EUR Million from 1999 until 2021, reaching an all time high of 487.35 EUR Million in the second quarter of 2018 and a record low of -1800.50 EUR Million in the fourth quarter of 2011. This page provides - Lithuania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Government Budget Value - values, historical data and charts - was last updated on July of 2021.

Government Budget Value in Lithuania is expected to be -116.09 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Lithuania to stand at -135.98 in 12 months time. In the long-term, the Lithuania Government Budget Value is projected to trend around -135.98 EUR Million in 2022, according to our econometric models.

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Lithuania Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-408.80 -1711.93 487.35 -1800.50 1999 - 2021 EUR Million Quarterly
Current Prices, NSA

Lithuania Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.30 35.90 47.30 11.50 percent of GDP [+]
Government Budget -7.40 0.50 0.60 -11.80 percent of GDP [+]
Government Budget Value -408.80 -1711.93 487.35 -1800.50 EUR Million [+]
Government Spending 1728.60 1564.50 1747.70 1257.60 EUR Million [+]
Government Spending to GDP 43.50 34.60 50.30 33.20 percent of GDP [+]
Government Revenues 4418.29 5024.17 5024.17 1106.46 EUR Million [+]
Government Debt 22392.00 22262.40 22784.70 3249.10 EUR Million [+]
Fiscal Expenditure 4827.09 6736.10 6736.10 1164.48 EUR Million [+]
Military Expenditure 1135.00 1094.00 1135.00 87.50 USD Million [+]
Credit Rating 76.00 [+]
Asylum Applications 30.00 35.00 110.00 0.00 persons [+]

Lithuania Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.