Current Account in Lithuania

Lithuania Current Account | Economic News & Forecasts

Lithuania - Current Account

Economic growth moderated in annual terms in Q3, with all GDP components growing at softer, albeit still-solid rates. Turning to Q4, available data paints a mixed picture. On one hand, consumer sentiment turned pessimistic in October and November amid a sharp spike in new Covid-19 infections, while price pressures reached their highest level in nearly 13 years in November, spelling trouble for private spending in the final stretch of the year. In contrast, the industrial production growth gained steam in October, while merchandise exports continued to grow at a double-digit pace in the same month. Lastly, in a continuation of a diplomatic spat over Taiwan, China recently demanded that multinational companies cut ties with Lithuania or face losing access to the Chinese market—effectively imposing sanctions on the country.

Lithuania - Current Account Data

2015   2016   2017   2018   2019  
Current Account (% of GDP)-2.4  -1.2  0.4  0.4  4.4  

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Lithuania Current Account Chart


Lithuania Current Account
Note: Current account balance as % of GDP.
Source: Lithuania Central Bank and FocusEconomics calculations.

Lithuania Facts

Value Change Date
Bond Yield0.430.0 %Dec 30

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