Lithuania Economic Statistics and Indicators

23, Jun 2017, EDT. Welcome to the Lithuania economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Lithuania › Change country
National or Regional Currency: Litas, LTL
Year of data: 2015 › Change year
Number of Indicators Listed: 39
Full Dataset: From Year 1980 to 2021
Date of Last Update: 30th June 2016
Population: 3505738 ; note: Statistics Lithuania (the national statistical agency of Lithuania) estimates the country's total population at the start of 2013 to be 2,971,905, which takes into account the findings of Lithuania's 2011 census and the high rate of net outmigration since the country joined the EU in 2004 (July 2014 est.)
Area: total: 65,300 sq km ; land: 62,680 sq km ; water: 2,620 sq km
Natural Resources: peat, arable land, amber
Capital: name: Vilnius ; geographic coordinates: 54 41 N, 25 19 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Lithuania gained membership in the World Trade Organization and joined the EU in May 2004. Despite its EU accession, Lithuania's trade with its Central and Eastern European neighbors, and Russia in particular, accounts for a significant share of total trade. Foreign investment and business support have helped in the transition from the old command economy to a market economy. The three former Soviet Baltic republics were among the hardest hit by the 2008-09 financial crisis. The government's efforts to attract foreign investment, to develop export markets, and to pursue broad economic reforms has been key to Lithuania's quick recovery from a deep recession, making Lithuania one of the fastest growing economies in the EU. Lithuania is committed to meeting the Maastricht criteria to join the euro zone, which the government expects to achieve by 2015. Under the Conservative Party's leadership, Lithuania raised the monthly minimum wage in January 2012 nearly 25% over 2011. In January 2013, the new Social Democrat-led government increased the minimum wage another 25% over January 2012. Despite government efforts, unemployment remains high.
More on the Lithuania Economy
More on the Lithuania Export, Import and Trade

Economic Indicator Listing
  For Lithuania in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.594 %
GDP (Current Prices, National Currency)LTL 37.19 Billion.
GDP (Current Prices, US Dollars)US$ 41.267 Billion
GDP Deflator 111.181 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)LTL 11,518.49 .
GDP Per Capita (Current Prices, National Currency)LTL 12,806.38 .
GDP Per Capita (Current Prices, US Dollars)US$ 14,210.28
GDP (PPP), US DollarsUS$ 82.355 Billion
GDP Per Capita (PPP), US DollarsUS$ 28,359.10
GDP Share of World Total (PPP) 0.073 %
Implied PPP Conversion Rate 0.452
Investment (% of GDP) 18.62 %
Gross National Savings (% of GDP) 16.363 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 139.137 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.676 %
Inflation, End of Year (Indexed to Year 2000) 139.11 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -0.251 %
Import Volume of All Items Including Goods and Services (Percent Change) 7.03 %
Export Volume of All Items Including Goods and Services (Percent Change) 1.153 %
Unemployment Rate (% of Labour Force) 9.108 %
Employment 1.338 Million
Population 2.904 Million
General government revenue (National Currency)LTL 12.715 Billions.
General government revenue (% of GDP) 34.189 %
General government total expenditure (National Currency)LTL 12.972 Billions.
General government total expenditure (% of GDP) 34.881 %
Total Government Net Lending/ Borrowing (National Currency)LTL -0.257 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -0.692 %
General Government Structural Balance (National Currency)LTL -0.183 Billion.
General Government Structural Balance (% Potential GDP) -0.485 %
Fiscal Year Gross Domestic Product, Current PricesLTL 37.19 Billions.
Current Account Balance (US Dollars)US$ -0.932 Billion
Current Account Balance (% GDP) -2.257 %
Economic Indicators for Lithuania 2015

GDP (Constant Prices, National Currency) for Lithuania in year 2015 is LTL 33.45 Billion.

GDP Growth (Constant Prices, National Currency) for Lithuania in year 2015 is 1.594 %.

GDP (Current Prices, National Currency) for Lithuania in year 2015 is LTL 37.19 Billion.

GDP (Current Prices, US Dollars) for Lithuania in year 2015 is US$ 41.267 Billion.

GDP Deflator for Lithuania in year 2015 is 111.181 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Lithuania in year 2015 is LTL 11,518.49 .

GDP Per Capita (Current Prices, National Currency) for Lithuania in year 2015 is LTL 12,806.38 .

GDP Per Capita (Current Prices, US Dollars) for Lithuania in year 2015 is US$ 14,210.28 .

GDP (PPP), US Dollars for Lithuania in year 2015 is US$ 82.355 Billion.

GDP Per Capita (PPP), US Dollars for Lithuania in year 2015 is US$ 28,359.10 .

GDP Share of World Total (PPP) for Lithuania in year 2015 is 0.073 %.

Implied PPP Conversion Rate for Lithuania in year 2015 is 0.452 .

Investment (% of GDP) for Lithuania in year 2015 is 18.62 %.

Gross National Savings (% of GDP) for Lithuania in year 2015 is 16.363 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Lithuania in year 2015 is 139.137 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Lithuania in year 2015 is -0.676 %.

Inflation, End of Year (Indexed to Year 2000) for Lithuania in year 2015 is 139.11 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Lithuania in year 2015 is -0.251 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Lithuania in year 2015 is 7.03 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Lithuania in year 2015 is 1.153 %.

Unemployment Rate (% of Labour Force) for Lithuania in year 2015 is 9.108 %.

Employment for Lithuania in year 2015 is 1.338 Million .

Population for Lithuania in year 2015 is 2.904 Million .

General government revenue (National Currency) for Lithuania in year 2015 is LTL 12.715 Billions.

General government revenue (% of GDP) for Lithuania in year 2015 is 34.189 %.

General government total expenditure (National Currency) for Lithuania in year 2015 is LTL 12.972 Billions.

General government total expenditure (% of GDP) for Lithuania in year 2015 is 34.881 %.

Total Government Net Lending/ Borrowing (National Currency) for Lithuania in year 2015 is LTL -0.257 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Lithuania in year 2015 is -0.692 %.

General Government Structural Balance (National Currency) for Lithuania in year 2015 is LTL -0.183 Billion.

General Government Structural Balance (% Potential GDP) for Lithuania in year 2015 is -0.485 %.

Fiscal Year Gross Domestic Product, Current Prices for Lithuania in year 2015 is LTL 37.19 Billions.

Current Account Balance (US Dollars) for Lithuania in year 2015 is US$ -0.932 Billion.

Current Account Balance (% GDP) for Lithuania in year 2015 is -2.257 %.

* Source: IMF
Aggregate Indicators for Lithuania
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Lithuania
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Lithuania
  Natural Resources, Agricultural Products, Land Use and Water Use for Lithuania
  Nationality, Ethnic Groups, Languages and Religions for Lithuania
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Lithuania
  Age Structure, Median Age, Gender and Urbanization for Lithuania
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Lithuania
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Lithuania
  HIV, AIDS and Other Major Infectious Disease Rates for Lithuania
  Literacy Rate, Educational Expenditure and School Life Expectancy for Lithuania
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Lithuania
  Industries and Industrial Growth Production Rate for Lithuania
  Labor Force by Occupation for Lithuania
  Poverty Line, Gini Index, Household Income and Consumption for Lithuania
  National Budget and Public Debt for Lithuania
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Lithuania
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Lithuania
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Lithuania
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Lithuania
  Foreign Exchange Reserves and Gold Reserves for Lithuania
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Lithuania
  Exchange Rate Statistics for Lithuania
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Lithuania
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Lithuania
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Lithuania
  Television and Radio Statistics (TV Stats, Radio Stats) for Lithuania
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Lithuania
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Lithuania
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Lithuania
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Lithuania
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Lithuania
* Source: CIA
Internet Indicators for Lithuania
Indicators
  Number of Internet Users for Lithuania
  Internet Penetration Rate for Lithuania
  Number of Facebook Accounts for Lithuania
  Facebook Penetration Rate for Lithuania
* Source: IWS
Economic Freedom Indicators for Lithuania
Indicators
  Economic Freedom World Rank for Lithuania
  Government Spending for Lithuania
  Monetary Freedom for Lithuania
  Investment Freedom for Lithuania
  Financial Freedom for Lithuania
  Property Rights for Lithuania
  Economic Freedom Regional Ranking for Lithuania
  Freedom from Corruption for Lithuania
  Labor Freedom for Lithuania
  Tariff Rate for Lithuania
  Income Tax Rate for Lithuania
  Corporate Tax Rate for Lithuania
  Tax Burden % of GDP for Lithuania
  Government Expenditure % of GDP for Lithuania
  Business Freedom for Lithuania
  Trade Freedom for Lithuania
  Fiscal Freedom for Lithuania
  2016 Score for Lithuania
* Source: HFO
Corruption Perceptions Index Rank and Score for Lithuania
Indicator
  Corruption Perceptions Index Rank and Score for Lithuania
* Source: TIO
Lithuania Economic Indicators in other Years
  Lithuania Economic Indicators for Year 2021 (Forecast)
  Lithuania Economic Indicators for Year 2020 (Forecast)
  Lithuania Economic Indicators for Year 2019 (Forecast)
  Lithuania Economic Indicators for Year 2018 (Forecast)
  Lithuania Economic Indicators for Year 2017 (Forecast)
  Lithuania Economic Indicators for Year 2016 (Forecast)
Lithuania Economic Indicators for Year 2015 (Current)
  Lithuania Economic Indicators for Year 2014
  Lithuania Economic Indicators for Year 2013
  Lithuania Economic Indicators for Year 2012
  Lithuania Economic Indicators for Year 2011
  Lithuania Economic Indicators for Year 2010
  Lithuania Economic Indicators for Year 2009
  Lithuania Economic Indicators for Year 2008
  Lithuania Economic Indicators for Year 2007
  Lithuania Economic Indicators for Year 2006
  Lithuania Economic Indicators for Year 2005
  Lithuania Economic Indicators for Year 2004
  Lithuania Economic Indicators for Year 2003
  Lithuania Economic Indicators for Year 2002
  Lithuania Economic Indicators for Year 2001
  Lithuania Economic Indicators for Year 2000
  Lithuania Economic Indicators for Year 1999
  Lithuania Economic Indicators for Year 1998
  Lithuania Economic Indicators for Year 1997
  Lithuania Economic Indicators for Year 1996
  Lithuania Economic Indicators for Year 1995
  Lithuania Economic Indicators for Year 1994
  Lithuania Economic Indicators for Year 1993
  Lithuania Economic Indicators for Year 1992
  Lithuania Economic Indicators for Year 1991
  Lithuania Economic Indicators for Year 1990
  Lithuania Economic Indicators for Year 1989
  Lithuania Economic Indicators for Year 1988
  Lithuania Economic Indicators for Year 1987
  Lithuania Economic Indicators for Year 1986
  Lithuania Economic Indicators for Year 1985
  Lithuania Economic Indicators for Year 1984
  Lithuania Economic Indicators for Year 1983
  Lithuania Economic Indicators for Year 1982
  Lithuania Economic Indicators for Year 1981
  Lithuania Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International