Markets Actual Q3 Q4 Q1 Q2 2021
Currency 1.18 1.17 1.16 1.16 1.16 1.15
Stock Market (points) 774.04 766 759 753 746 734
Government Bond 10y (%) 0.20 0.21 0.23 0.25 0.27 0.3

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -5.10 6.5 2.5 2.1 1.3 0.7
GDP Annual Growth Rate (%) -3.80 -9 -7 0.2 16.8 6.5
Unemployment Rate (%) 12.80 11.5 12 12.5 11 9.8
Inflation Rate (%) 1.00 0.3 1.1 1.4 1.5 1.7
Inflation Rate Mom (%) -0.30 0.6 0.3 0.3 0.3 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -49.20 -60 -140 -240 -240 -200
Current Account (EUR Million) 233.20 90 190 190 190 120
Current Account to GDP (%) 4.30 1.6 1.6 1.8 1.8 1.8
Government Debt to GDP (%) 36.30 41 41 42.5 42.5 42.5
Government Budget (% of GDP) 0.30 -4.7 -4.7 -5.6 -5.6 -5.6
Business Confidence (points) -9.40 -34 -32 -26 -26 -17
Consumer Confidence (points) -3.00 -32 -28 -22 -22 -17
Retail Sales MoM (%) 5.60 7 5 5 5 5
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -5.10 6.5 2.5 2.1 1.3 0.7
GDP Annual Growth Rate (%) -3.80 -9 -7 0.2 16.8 6.5
GDP (USD Billion) 54.22 42.5 42.5 46.8 46.8 46.8
GDP Constant Prices (EUR Million) 10312.20 10419 10134 10900 12706 10793
Gross National Product (EUR Million) 46912.40 42496 43629 47006 54794 46464
Gross Fixed Capital Formation (EUR Million) 1983.90 2540 2343 1988 2317 2495
GDP per capita (USD) 18427.15 15300 15300 16000 16000 16000
GDP per capita PPP (USD) 36974.90 33200 33200 35800 35800 35800

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 12.80 11.5 12 12.5 11 9.8
Wages (EUR/Month) 1381.00 990 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1381.00 960 990 990 990 990
Minimum Wages (EUR/Month) 555.00 600 600 640 640 640
Population (Million) 2.79 2.76 2.73 2.71 2.71 2.69
Retirement Age Women 62.33 63 63 63 63 63
Retirement Age Men 63.67 64 64 64 64 64

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 1.00 0.3 1.1 1.4 1.5 1.7
Inflation Rate Mom (%) -0.30 0.6 0.3 0.3 0.3 0.4
Harmonised Consumer Prices (points) 110.81 109 113 113 113 116
Consumer Price Index CPI (points) 111.20 111 112 113 113 114
Core Consumer Prices (points) 112.46 112 113 112 113 114
Producer Prices (points) 95.80 109 110 99.79 97.11 114
Producer Prices Change (%) -10.10 2.7 3.2 3.2 3.2 3.3
Cpi Housing Utilities (points) 98.10 102 103 103 103 103
Cpi Transportation (points) 103.62 108 109 109 109 109
Food Inflation (%) 1.10 3.7 2.8 2.8 2.8 2.8

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.44 -0.38 -0.38 -0.38 -0.38 -0.38

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (EUR Million) -49.20 -60 -140 -240 -240 -200
Current Account (EUR Million) 233.20 90 190 190 190 120
Current Account to GDP (%) 4.30 1.6 1.6 1.8 1.8 1.8
Imports (EUR Million) 2246.70 2680 2720 2720 2720 2950
Exports (EUR Million) 2197.50 2620 2480 2480 2480 2750

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 36.30 41 41 42.5 42.5 42.5
Government Budget (% of GDP) 0.30 -4.7 -4.7 -5.6 -5.6 -5.6
Government Budget Value (EUR Million) -68.50 -66.23 -116 -116 -116 -136
Government Spending (EUR Million) 1747.70 1468 1482 1751 2041 1578
Government Spending to GDP (%) 34.90 42.3 42.3 37.8 37.8 37.8

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 21.27 21.27 21.27 21.27 21.27 21.27
Social Security Rate For Companies (%) 1.77 1.77 1.77 1.77 1.77 1.77
Social Security Rate For Employees (%) 19.50 19.5 19.5 19.5 19.5 19.5

Business Actual Q3 Q4 Q1 Q2 2021
Business Confidence (points) -9.40 -34 -32 -26 -26 -17
Industrial Production (%) -4.10 -3 -1 1.5 3.8 4
Industrial Production Mom (%) 1.20 0.5 0.8 0.8 0.8 0.5

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Confidence (points) -3.00 -32 -28 -22 -22 -17
Retail Sales MoM (%) 5.60 7 5 5 5 5
Retail Sales YoY (%) 6.10 3 3.5 5 2.8 4.5
Consumer Spending (EUR Million) 6352.39 6748 6483 6365 7420 6904
Consumer Credit (EUR Million) 743.60 719 669 767 866 712
Gasoline Prices (USD/Liter) 1.23 1.07 1.02 0.97 0.92 0.87


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.