Current Account in Lithuania

Lithuania Current Account | Economic News & Forecasts

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  

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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

ValueChangeDate
Bond Yield1.150.0 %Mar 11
Stock Market6530.45 %Mar 08

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