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Lithuania

Headline economic indicators for Lithuania, with the most recent official readings.

Prices

Prices — Lithuania
Indicator Value Change
Inflation rate · 3.8% +3.08 (+429.7%)
Consumer price index · 171.2 +6.26 (+3.8%)
Inflation rate (monthly) · 6.1% +0.50 (+8.9%)
Harmonised consumer price index · 165.9 +1.45 (+0.9%)
House price index (quarterly) · 345.6 +16.46 (+5.0%)
House price inflation, year on year (quarterly) · 14.3% +2.44 (+20.5%)
Real house price index (quarterly) · 191.4 +5.38 (+2.9%)
Real house price growth, year on year (quarterly) · 8.4% +0.61 (+7.8%)
Producer prices, year on year (monthly) · 17.4% +3.70 (+27.0%)
GDP deflator inflation · 3.6% +0.46 (+14.7%)

GDP

GDP — Lithuania
Indicator Value Change
GDP growth rate · 2.9% -0.11 (-3.6%)
GDP per capita · 32,958.67 +3,355 (+11.3%)
GDP growth, quarter on quarter · -1.0% -2.40 (-171.4%)
GDP growth, year on year (quarterly) · 2.3% -1.60 (-41.0%)
Industrial production, year on year (monthly) · 7.1% +3.90 (+121.9%)
Retail sales volume, year on year (monthly) · 5.6% +2.00 (+55.6%)
Economic sentiment indicator (monthly) · 102.6 -1.80 (-1.7%)
Consumer confidence (monthly) · -3.2 -3.40 (-1,700.0%)
GDP per capita, long-run history · 30,863 +306.29 (+1.0%)
GDP · 95,210,150,818.35 +9,706,212,245 (+11.4%)
GDP, PPP · 164,191,578,213 +3,316,303,286 (+2.1%)
GDP per capita, PPP · 56,838 +1,138 (+2.0%)
GDP per capita growth · 2.9% +0.47 (+19.2%)
GNI per capita · 30,500 +3,390 (+12.5%)
Agriculture to GDP · 2.3% -0.14 (-6.0%)
Industry to GDP · 22.1% -0.79 (-3.5%)
Manufacturing to GDP · 13.1% -0.45 (-3.3%)
Services to GDP · 64.8% +0.60 (+0.9%)
Household consumption to GDP · 54.6% -0.49 (-0.9%)
Gross capital formation to GDP · 22.2% +1.58 (+7.6%)
Gross savings to GDP · 23.1% -0.75 (-3.1%)

Labour

Labour — Lithuania
Indicator Value Change
Unemployment rate · 6.7% -0.12 (-1.8%)
Unemployment rate (monthly) · 6.2% +0.10 (+1.6%)
Labour force participation rate · 62.9% -0.19 (-0.3%)
Female labour force participation rate · 57.7% -0.19 (-0.3%)
Youth unemployment rate · 13.8% +0.07 (+0.5%)
Employment to population ratio · 58.7% -0.10 (-0.2%)
Employment in agriculture · 4.7% -0.18 (-3.8%)
Employment in industry · 25.9% -0.09 (-0.3%)
Employment in services · 69.4% +0.27 (+0.4%)

Money

Money — Lithuania
Indicator Value Change
Central bank policy rate · 2.7% +0.25 (+10.4%)
ECB deposit facility rate · 2.5% +0.25 (+11.1%)
Real effective exchange rate (monthly) · 115.4 +0.74 (+0.6%)
Nominal effective exchange rate (monthly) · 103.2 +0.16 (+0.2%)
Cost of borrowing for house purchase (monthly) · 4.2% +0.06 (+1.5%)
Cost of borrowing for corporations (monthly) · 5.0% +0.14 (+2.9%)
10-year government bond yield (monthly) · 2.9% +0.00 (+0.0%)
Private sector credit to GDP · 35.7% +1.56 (+4.6%)
Bank nonperforming loans · 0.8% -0.06 (-7.6%)
Official exchange rate · 0.88 -0.04 (-4.2%)

Trade

Trade — Lithuania
Indicator Value Change
Current account to GDP · 0.9% -2.30 (-70.9%)
Exports to GDP · 73.0% -0.96 (-1.3%)
Imports to GDP · 69.1% +0.64 (+0.9%)
Trade to GDP · 142.1% -0.31 (-0.2%)
Exports of goods and services · 69,488,132,228.19 +6,265,899,392 (+9.9%)
Imports of goods and services · 65,811,494,794.67 +7,259,095,076 (+12.4%)
Trade balance, goods and services (annual) · 3,720,517,989.67 -959,125,695 (-20.5%)
Current account balance (annual) · 899,606,827.98 -1,871,952,520 (-67.5%)
Foreign direct investment to GDP · 3.2% -2.25 (-41.0%)
Remittances received to GDP · 1.4% +0.21 (+17.2%)
Total reserves, including gold · 7,059,127,324.72 -347,974,257 (-4.7%)
Reserves in months of imports · 1.2 -0.21 (-15.3%)

Government

Government — Lithuania
Indicator Value Change
Government debt to GDP (quarterly) · 43.8% +1.70 (+4.0%)
Government revenue to GDP · 35.1% +1.20 (+3.5%)
Government expense to GDP · 33.9% -0.38 (-1.1%)
Tax revenue to GDP · 21.9% +0.53 (+2.5%)
Government budget balance to GDP · -1.3% -0.43 (-51.8%)
Government consumption to GDP · 19.3% +0.51 (+2.7%)
Education spending to GDP · 4.3% +0.01 (+0.3%)
Health spending to GDP · 7.6% +0.28 (+3.8%)

Demography

Demography — Lithuania
Indicator Value Change
Population · 2,888,774 +496.00 (+0.0%)
Population, long-run history · 2,748 +23.88 (+0.9%)
Population growth · 0.0% -0.56 (-97.0%)
Life expectancy · 77.2 -0.10 (-0.1%)
Fertility rate · 1.11 -0.07 (-5.9%)
Birth rate · 6.6 -0.60 (-8.3%)
Death rate · 13.0 +0.10 (+0.8%)
Urban population share · 69.1% +0.25 (+0.4%)
Population aged 65 and over · 20.7% +0.56 (+2.8%)
Under-five mortality rate · 3.4 +0.00 (+0.0%)
Population density · 46.1 +0.27 (+0.6%)
Net migration · -24,618 -27,235 (-1,040.7%)
Gini index · 36.0 -0.60 (-1.6%)

Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.

Source: ECB

Source: ECB euro foreign exchange reference rates

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Lithuania; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.