Unemployment in Lithuania

Lithuania Unemployment | Economic News & Forecasts

Lithuania - Unemployment

Growth appears to have remained upbeat in the second quarter after booming investment activity and solid export growth led a strong upturn in the first quarter. On the domestic front, tightening labor market conditions and a jump in consumer confidence following May’s presidential election boded well for household consumption growth. Furthermore, business confidence remained elevated throughout Q2, thanks to upbeat sentiment in the consumer, industrial and commercial sectors, suggesting sustained private investment growth. Externally, merchandise exports accelerated in April-May, demonstrating resilience to challenging external conditions. Meanwhile, on 25 June, the IMF concluded its Article IV mission. While it praised Lithuania’s macroeconomic and fiscal performance, the Fund highlighted the risk of increased public spending pressures going forward.

Lithuania - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate11.4  10.1  8.8  7.6  6.7  

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Lithuania Unemployment Chart

Lithuania Unemployment
Note: Unemployment in % of active population.
Source: Statistics Lithuania.

Lithuania Facts

Bond Yield0.550.0 %Jul 31
Stock Market6950.45 %Jul 31

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