Exports in Lithuania

Lithuania Exports | Economic News & Forecasts

Lithuania - Exports

GDP expanded at a more sluggish pace in annual terms in Q1, according to preliminary figures. Available data for the quarter hints at subdued consumer spending: The unemployment rate remained elevated in January–February, while harmonized inflation reached a new record high in March. Furthermore, consumer sentiment tumbled to its lowest level since the outbreak of the Covid-19 pandemic. Turning to the second quarter, household spending has likely remained muted, as suggested by continued pessimism among consumers. Meanwhile, Lithuania—along with its Baltic partners—have shut off Russian gas imports as retaliation to the invasion of Ukraine. Recently, the EU announced funding for businesses hit by the Chinese embargo, while on 22 April the European Commission unveiled EUR 6.4 billion in key investments in order to support the EU Green Deal.

Lithuania - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)21.9  21.6  26.0  28.7  29.6  

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Lithuania Facts

Value Change Date
Bond Yield0.430.0 %Dec 30

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