Current Account in Lithuania
Lithuania - Current Account
Annual growth recovered vigorously in Q4 2018, following a weak outturn in Q3, with rising output in the manufacturing, construction, wholesale and retail trade sectors spearheading the acceleration. On the expenditure side, private consumption appears to have remained in the driver’s seat: A tight labor market and easing inflationary pressures likely propped up household consumption growth in Q4. That said, the external sector appears to have lost impetus in Q4, with merchandise exports contracting for the first time in over two years in December. Meanwhile, survey-based data suggests healthy domestic demand dynamics carried over into the first quarter of the new year. Consumer confidence surged to the highest point on record in January—and, notably, in face of intensifying campaign ahead of May’s presidential elections.Lithuania - Current Account Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Current Account (% of GDP) | 0.8 | 3.4 | -2.9 | -1.2 | 0.8 |
Lithuania Current Account Chart
Source: Lithuania Central Bank and FocusEconomics calculations.
Lithuania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 1.15 | 0.0 % | Mar 11 |
| Stock Market | 653 | 0.45 % | Mar 08 |
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Economic News
Lithuania: Inflation rise in February
March 13, 2019
Consumer prices increased 0.1% from the previous month in February, down slightly from the 0.1% month-on-month increase in January.
Lithuania: Growth picks up in Q4 2018
March 1, 2019
According to detailed national accounts data released by the Statistical Institute on 1 March, the Lithuanian economy gained momentum at the end of 2018.
Lithuania: Industrial production growth accelerates in January
February 21, 2019
Industrial output rose 5.3% year-on-year in January, up from the 1.0% rise in December, largely reflecting healthy output growth in the manufacturing sector.
Lithuania: Inflation dips to over two-year low in January
February 15, 2019
Consumer prices increased 0.2% from the previous month in January, compared to a 0.6% month-on-month drop in December.
Lithuania: Growth accelerates in the fourth quarter
January 30, 2019
According to preliminary data released by the Statistical Institute on 30 January, the economy expanded 3.9% in annual terms in the fourth quarter last year, up from the third quarter’s 2.6% year-on-year increase (previously reported: +2.4% year-on-year).
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