Money in Lithuania

Lithuania Money | Economic News & Forecasts

Lithuania - Money

Growth remained upbeat in final quarter of last year, according to a preliminary estimate. Although a breakdown by components is not yet available, domestic demand seemingly spearhead the overall outturn amid sturdier consumer demand and upbeat investment activity. Turning to Q1 2020, momentum likely weakened: Industrial output fell at the sharpest rate in over five years in January, chiefly on contracting manufacturing production. That said, improvements in business and consumer confidence point to still-strong domestic demand at the outset of the year. In other news, on 21 February, S&P Global Ratings upgraded Lithuania's credit rating to A+ from A, and kept a stable outlook. The decision, which followed a similar move by Fitch Ratings on 31 January, was supported by solid economic growth and strong fiscal discipline which helped to cut public debt levels.

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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