Current Account in Lithuania

Lithuania Current Account | Economic News & Forecasts

Lithuania - Current Account

Annual growth reached an almost two-year high in Q1 amid a broad-based acceleration. Domestic demand was healthy: Fixed investment growth more than doubled in Q1, while growing wages, lower taxes and higher social transfers underpinned buoyant household consumption. On the external front, exports remained resilient to global trade woes in Q1. This was largely thanks to greater merchandise shipments, buttressed by a surge in business investment which boosted production capacity in 2018. Turning to Q2, momentum seems to have largely carried over from Q1. Economic sentiment rose in April-May on improving confidence in the consumer, industrial and commercials sectors, while industrial production and merchandise exports soared in April.

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 Yield0.550.0 %Jul 11
Stock Market6880.45 %Jul 11

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