Interest Rate in Lithuania

Lithuania Interest Rate | Economic News & Forecasts

Lithuania - Interest Rate

Covid-19 is dealing a blow to the economy in Q2 2020, after detailed GDP data revealed a broad-based slowdown in Q1. Externally, export growth fell to a two-year low in Q1, while faltering consumer demand and stalling investment activity hushed domestic demand in the same period. Since then, the economic panorama has darkened considerably, as severe lockdown measures restrained activity. Industrial production dived at the sharpest pace in six years in April, amid plummeting manufacturing output. Meanwhile, both business and consumer confidence remained downbeat in May, after nosediving to multi-year lows in April, suggesting that private spending and investment activity will have contracted in Q2. Despite the gradual easing of lockdown restrictions, the economic backdrop remained muted into June, as the services sector continued to operate well below full capacity and the country’s borders remained effectively shut.

Lithuania - Interest Rate Data

2014   2015   2016   2017   2018  
Policy Interest Rate (%)0.0  0.0  -     -     -     

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Lithuania Interest Rate Chart


Lithuania Interest Rate
Note: 3-Month VILIBOR Rate in %.
Source: Lithuania Central Bank.

Lithuania Facts

Value Change Date
Bond Yield0.430.0 %Dec 30

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