Money in Lithuania

Lithuania Money | Economic News & Forecasts

Lithuania - Money

GDP growth remained healthy in the fourth quarter of last year, according to a preliminary estimate. That said, available data hints that this was largely thanks to one-off inflows while key sectors lost momentum at the end of 2019. Industrial output growth fell to a near six-year low in Q4 amid marked deteriorations across the manufacturing and utilities sectors. On top of that, retail sales growth slumped to a two-year low in Q4, signaling that household consumption lost some traction in the quarter amid weakening consumer confidence and faltering private sector lending. Meanwhile, dynamics in the external arena were similarly muted: Merchandise exports dipped in October–November, after slightly increasing in Q3, weighed on by slowing EU trade and a Brexit-related downturn. In other news, on 31 January, Fitch Ratings upgrade Lithuania’s rating to 'A' from 'A-', with a stable outlook, citing robust growth and healthy public finances.

Lithuania - Money Data

2014   2015   2016   2017   2018  
Money (annual variation in %)1.5  33.1  7.3  5.9  11.4  

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Lithuania Money Chart

Lithuania Money
Note: Annual variation of M2 in %.
Source: Lithuania Central Bank and FocusEconomics calculations.

Lithuania Facts

Value Change Date
Bond Yield0.430.0 %Dec 30

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