Fiscal Balance in Lithuania

Lithuania Fiscal Balance | Economic News & Forecasts

Lithuania - Fiscal Balance

Ahead of the presidential election on 12 May, the contest remains a close three-horse race and is likely to head to a runoff. Opinion polls suggest that Ingrida Simonyte, a former finance minister; Gitanas Nauseda, a former chief economist at SEB; and current Prime Minister Saulius Skvernelis are locked in a dead heat. Notably, the frontrunners’ platforms have leaned heavily on existing foreign policy, while most have voiced support for tax reform. Meanwhile, available first-quarter indicators paint a mixed picture; industrial output growth lost ground, hinting at a slowdown in economic activity. On the other hand, retails sales picked up in January-February, pointing to sustained private consumption growth. Furthermore, exports accelerated in the same period despite heightened uncertainty surrounding global trade and feebler demand from the European Union.

Lithuania - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-2.6  -0.6  -0.2  0.3  0.5  

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Lithuania Facts

ValueChangeDate
Bond Yield1.000.0 %May 13
Stock Market6880.45 %May 13

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