Markets Actual Q1 Q2 Q3 Q4 2023
Currency 1.12 1.13 1.12 1.12 1.12 1.11
Stock Market (points) 991.66 945 931 917 904 877
Government Bond 10y (%) 0.64 0.71 0.78 0.86 0.94 1.14

Overview Actual Q1 Q2 Q3 Q4 2023
GDP Growth Rate (%) -0.03 0.9 1 1 1.1 1.1
GDP Annual Growth Rate (%) 4.70 4.2 2.7 2.6 2.8 3.9
Unemployment Rate (%) 10.20 11.4 11.3 11.5 11.8 11
Inflation Rate (%) 10.60 9.2 7.9 6.6 5.9 2.1
Inflation Rate Mom (%) 1.20 0.4 0.4 0.4 0.4 0.4
Interest Rate (%) 0.00 0 0 0.1 0.25 0.5
Balance of Trade (EUR Million) -310.50 -200 -200 -200 -200 -200
Current Account (EUR Million) 105.99 120 120 120 120 120
Current Account to GDP (% of GDP) 8.30 4.9 4.9 4.9 4.9 3.7
Government Debt to GDP (% of GDP) 47.30 42.5 42.5 42.5 43.8 43.8
Government Budget (% of GDP) -7.40 -1.9 -1.9 -1.9 -1.9 -0.9
Business Confidence (points) -0.70 -17 -17 -17 -13 -13
Consumer Confidence (points) -3.00 -4 -4 -4 -12 -12
Retail Sales MoM (%) -2.30 10.5 10.5 10.5 7 7
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 20.00 15 15 15 15 15

GDP Actual Q1 Q2 Q3 Q4 2023
GDP Growth Rate (%) -0.03 0.9 1 1 1.1 1.1
GDP Annual Growth Rate (%) 4.70 4.2 2.7 2.6 2.8 3.9
GDP (USD Billion) 55.89 46.8 46.8 46.8 52 52
GDP Constant Prices (EUR Million) 11447.10 11557 11439 11745 11768 12227
Gross National Product (EUR Million) 47412.40 49404 48693 48645 48740 50641
Gross Fixed Capital Formation (EUR Million) 2675.80 2235 2772 2745 2751 2858
GDP per capita (USD) 17032.99 16000 16000 16000 18000 18000
GDP per capita PPP (USD) 36732.03 35800 35800 35800 37300 37300

Labour Actual Q1 Q2 Q3 Q4 2023
Unemployment Rate (%) 10.20 11.4 11.3 11.5 11.8 11
Wages (EUR/Month) 1598.10 1050 1050 1050 1050 1050
Wages in Manufacturing (EUR/Month) 1598.10 990 990 990 990 990
Minimum Wages (EUR/Month) 642.00 690 690 690 690 740
Population (Million) 2.79 2.69 2.69 2.69 2.65 2.65
Retirement Age Women 63.00 63.33 63.33 63.33 63.67 63.67
Retirement Age Men 64.00 64.17 64.17 64.17 64.33 64.33

Prices Actual Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 10.60 9.2 7.9 6.6 5.9 2.1
Inflation Rate Mom (%) 1.20 0.4 0.4 0.4 0.4 0.4
Consumer Price Index CPI (points) 123.00 124 125 126 130 133
Harmonised Consumer Prices (points) 122.37 116 116 116 116 116
Core Consumer Prices (points) 118.67 119 120 120 121 122
Core Inflation Rate (%) 6.40 5.7 3.4 2.8 2.3 0.9
Producer Prices (points) 113.20 114 115 117 119 124
Producer Prices Change (%) 16.30 13.1 10 7.1 5 4.5
Food Inflation (%) 10.40 2 2 2 2.8 2.8
CPI Housing Utilities (points) 126.01 103 103 103 103 103
CPI Transportation (points) 122.47 123 123 124 124 125

Money Actual Q1 Q2 Q3 Q4 2023
Interest Rate (%) 0.00 0 0 0.1 0.25 0.5
Interbank Rate (%) -0.58 -0.58 -0.58 -0.48 -0.33 -0.08

Trade Actual Q1 Q2 Q3 Q4 2023
Balance of Trade (EUR Million) -310.50 -200 -200 -200 -200 -200
Current Account (EUR Million) 105.99 120 120 120 120 120
Current Account to GDP (% of GDP) 8.30 4.9 4.9 4.9 4.9 3.7
Imports (EUR Million) 3715.60 2950 2950 2950 2950 2950
Exports (EUR Million) 3405.10 2750 2750 2750 2750 2750
Foreign Direct Investment (EUR Million) 146.52 281 1791 1791 75.78 75.78

Government Actual Q1 Q2 Q3 Q4 2023
Government Debt to GDP (% of GDP) 47.30 42.5 42.5 42.5 43.8 43.8
Government Budget (% of GDP) -7.40 -1.9 -1.9 -1.9 -1.9 -0.9
Government Budget Value (EUR Million) 153.60 -136 -136 -136 -136 -136
Government Spending (EUR Million) 1473.60 1792 1714 1512 1515 1574
Government Spending to GDP (% of GDP) 43.50 37.8 37.8 37.8 35 35

Taxes Actual Q1 Q2 Q3 Q4 2023
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 Q1 Q2 Q3 Q4 2023
Business Confidence (points) -0.70 -17 -17 -17 -13 -13
Industrial Production (%) 33.20 7.7 3.5 3.5 2.3 2.3
Industrial Production Mom (%) 6.20 0.5 0.5 0.5 0.5 0.5

Consumer Actual Q1 Q2 Q3 Q4 2023
Consumer Confidence (points) -3.00 -4 -4 -4 -12 -12
Retail Sales MoM (%) -2.30 10.5 10.5 10.5 7 7
Retail Sales YoY (%) 10.80 -18 -5.5 2 3 3
Consumer Spending (EUR Million) 7485.71 6612 7179 7680 7695 7995
Gasoline Prices (USD/Liter) 1.60 1.52 1.44 1.37 1.3 1.24
Consumer Credit (EUR Million) 781.20 734 753 796 803 834


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Lithuania Forecast - was last updated on Thursday, January 27, 2022.