Current Account in Lithuania

Lithuania Current Account | Economic News & Forecasts

Lithuania - Current Account

Growth momentum appears to have softened slightly in the third quarter following the second quarter’s healthy outturn, which was underpinned by buoyant investment activity and sturdier consumer demand. Industrial production fell at the sharpest pace in over three years in August, reflecting plummeting mining and quarrying output and a downturn in the all-important manufacturing sub-sector. On top of that, retail sales slowed to an 18-month low in the same month amid an uptick in the unemployment rate, signaling weaker private spending. On the external front, merchandise exports slipped in July–August on faltering demand from the EU and seemingly remained weak in September, with consumer confidence falling to a year-to-date low and economic sentiment edging down in the month.

Lithuania - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)0.8  3.6  -2.1  -0.7  0.8  

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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

Bond Yield0.200.0 %Sep 04
Stock Market6880.45 %Sep 04

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