Bankruptcies in Lithuania decreased to 2090 Companies in 2018 from 2977 Companies in 2017. Bankruptcies in Lithuania averaged 1388.67 Companies from 2001 until 2018, reaching an all time high of 2977 Companies in 2017 and a record low of 590 Companies in 2001. This page provides - Lithuania Bankruptcies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Lithuania increased to 110.01 points in February from 109.80 points in January of 2020. Core Consumer Prices in Lithuania averaged 90.05 points from 1996 until 2020, reaching an all time high of 110.70 points in December of 2019 and a record low of 61.45 points in January of 1996. This page provides - Lithuania Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Lithuania increased to 98.70 points in the fourth quarter of 2019 from 97.30 points in the third quarter of 2019. Export Prices in Lithuania averaged 101.88 points from 1996 until 2019, reaching an all time high of 118.20 points in the first quarter of 2011 and a record low of 79 points in the third quarter of 2009. In Lithuania, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides - Lithuania Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Lithuania increased to 20689.70 EUR Million in March from 20207.70 EUR Million in February of 2020. Money Supply M1 in Lithuania averaged 5503.23 EUR Million from 1993 until 2020, reaching an all time high of 20689.70 EUR Million in March of 2020 and a record low of 342.60 EUR Million in April of 1994. This page provides - Lithuania Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Lithuania decreased to 2213.90 EUR Million in January from 2330.40 EUR Million in December of 2019. Exports in Lithuania averaged 1119.69 EUR Million from 1994 until 2020, reaching an all time high of 2769.70 EUR Million in October of 2019 and a record low of 135.50 EUR Million in October of 1994. In 2016, Lithuania exported mostly: Machinery and mechanical appliances, electrical equipment (15 percent of total exports); mineral products (14 percent); chemicals (11 percent); furniture (8 percent); food products, beverages and tobacco (8 percent); and plastics and rubber (7 percent). Lithuania's main export partners were Russia (14 percent of total exports), Latvia (10 percent), Poland (9 percent) and Germany (8 percent). This page provides - Lithuania Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Lithuania increased to 31345.40 EUR Million in March from 30864.90 EUR Million in February of 2020. Money Supply M3 in Lithuania averaged 10907.01 EUR Million from 1993 until 2020, reaching an all time high of 31345.40 EUR Million in March of 2020 and a record low of 774 EUR Million in December of 1993. Lithuania Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Lithuania Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Lithuania increased to 193.33 Thousand in April of 2020 from 169.44 Thousand in March of 2020. Unemployed Persons in Lithuania averaged 155.74 Thousand from 1994 until 2020, reaching an all time high of 330.58 Thousand in July of 2010 and a record low of 58.20 Thousand in July of 1994. In Lithuania, unemployed persons are individuals who are without a job and actively seeking to work. This page provides the latest reported value for - Lithuania Unemployed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt in Lithuania decreased to 32939.80 EUR Million in the fourth quarter of 2019 from 33858.40 EUR Million in the third quarter of 2019. External Debt in Lithuania averaged 24084.35 EUR Million from 2004 until 2019, reaching an all time high of 35858.70 EUR Million in the third quarter of 2018 and a record low of 7273.80 EUR Million in the first quarter of 2004. In Lithuania, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Lithuania External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Lithuania increased to 6680.50 EUR Million in March from 6513.80 EUR Million in February of 2020. Money Supply M0 in Lithuania averaged 2294.93 EUR Million from 1992 until 2020, reaching an all time high of 6680.50 EUR Million in March of 2020 and a record low of 53.30 EUR Million in December of 1992. Lithuania Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Lithuania Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Home Ownership Rate in Lithuania increased to 89.90 percent in 2018 from 89.70 percent in 2017. Home Ownership Rate in Lithuania averaged 90.88 percent from 2005 until 2018, reaching an all time high of 93.60 percent in 2010 and a record low of 88.30 percent in 2005. This page provides the latest reported value for - Lithuania Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross National Product in Lithuania increased to 46912.40 EUR Million in 2019 from 43810.70 EUR Million in 2018. Gross National Product in Lithuania averaged 23489.88 EUR Million from 1993 until 2019, reaching an all time high of 46912.40 EUR Million in 2019 and a record low of 3366.50 EUR Million in 1993. This page provides - Lithuania Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania scored 68.35 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Lithuania averaged 18.94 Points from 2007 until 2019, reaching an all time high of 68.35 Points in 2019 and a record low of 4.29 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Lithuania Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Lithuania expanded 3.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Lithuania averaged 4.30 percent from 1996 until 2019, reaching an all time high of 12.30 percent in the third quarter of 2007 and a record low of -15.70 percent in the second quarter of 2009. Lithuania joined the Euro Area in January 2015. The country was among the hardest hit by the global financial crisis in 2008, the GDP contracted by 14.8 percent in 2009. Since 2010, however, Lithuania has been ranked among the fastest growing economies in the European Union. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Exports of goods and services account for 81 percent while imports account for 79 percent, adding 2 percent of total GDP. On a production side, the wholesale and retail trade, transport, accommodation and food service activities sector is the most important and accounts for around 32 percent to total GDP. It follows by industry (23 percent of total GDP); manufacturing (19 percent); public administration, defence, education, human health and social work activities (14 percent); construction (7 percent); real estate activities (6 percent); professional, scientific and technical activities and administrative and support services (6 percent); information and communication (3 percent); agriculture (4 percent); financial and insurance (2 percent); and arts, entertainment and recreation, repair of household goods and other services (2 percent). This page provides - Lithuania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Lithuania decreased to 10878.10 EUR Million in the first quarter of 2020 from 10896.70 EUR Million in the fourth quarter of 2019. GDP Constant Prices in Lithuania averaged 8084.79 EUR Million from 2005 until 2020, reaching an all time high of 10896.70 EUR Million in the fourth quarter of 2019 and a record low of 6412.40 EUR Million in the first quarter of 2005. This page provides - Lithuania GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Lithuania decreased to 2236 in March from 4254 in February of 2020. Car Registrations in Lithuania averaged 1478.17 from 2003 until 2020, reaching an all time high of 4546 in June of 2019 and a record low of 435 in February of 2010. This page provides - Lithuania Car Sales Turnover - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Lithuania stands at 19.50 percent. Social Security Rate For Employees in Lithuania averaged 7.78 percent from 2004 until 2019, reaching an all time high of 19.50 percent in 2019 and a record low of 3 percent in 2005. In Lithuania, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Lithuania because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Lithuania Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Lithuania decreased 1.30 percent in March of 2020 over the same month in the previous year. Manufacturing Production in Lithuania averaged 4.52 percent from 1999 until 2020, reaching an all time high of 35.70 percent in April of 2004 and a record low of -31.40 percent in November of 1999. This page provides - Lithuania Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Lithuania remained unchanged at 5.82 Tonnes in the fourth quarter of 2019 from 5.82 Tonnes in the third quarter of 2019. Gold Reserves in Lithuania averaged 5.80 Tonnes from 2000 until 2019, reaching an all time high of 5.82 Tonnes in the first quarter of 2009 and a record low of 5.78 Tonnes in the third quarter of 2004. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Lithuania Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourism Revenues in Lithuania decreased to 219.10 EUR Million in the fourth quarter of 2018 from 332.30 EUR Million in the third quarter of 2018. Tourism Revenues in Lithuania averaged 169.57 EUR Million from 2007 until 2018, reaching an all time high of 332.30 EUR Million in the third quarter of 2018 and a record low of 57.20 EUR Million in the first quarter of 2009. This page provides - Lithuania Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Harmonised Consumer Prices in Lithuania decreased to 110.69 points in March from 110.84 points in February of 2020. Harmonised Consumer Prices in Lithuania averaged 84.39 points from 1996 until 2020, reaching an all time high of 110.84 points in February of 2020 and a record low of 53.84 points in January of 1996. The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term. This page provides - Lithuania Harmonised Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to Lithuania in France increased to 58 EUR Million in March from 54 EUR Million in February of 2020. Exports to Lithuania in France averaged 47.46 EUR Million from 2014 until 2020, reaching an all time high of 153 EUR Million in April of 2018 and a record low of 33 EUR Million in February of 2015. This page includes a chart with historical data for France Exports to Lithuania.

Part Time Employment in Lithuania decreased to 79.50 Thousand in the fourth quarter of 2019 from 81.10 Thousand in the third quarter of 2019. Part Time Employment in Lithuania averaged 109.95 Thousand from 1998 until 2019, reaching an all time high of 169.90 Thousand in the first quarter of 2006 and a record low of 79.50 Thousand in the fourth quarter of 2019. This page provides - Lithuania Part Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania recorded a capital and financial account surplus of 643.10 EUR Million in February of 2020. Capital Flows in Lithuania averaged 47.72 EUR Million from 2004 until 2020, reaching an all time high of 925.40 EUR Million in June of 2013 and a record low of -791.80 EUR Million in May of 2008. This page provides - Lithuania Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Lithuania was last recorded at 31065.06 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Lithuania, when adjusted by Purchasing Power Parity is equivalent to 175 percent of the world's average. GDP per capita PPP in Lithuania averaged 18152.60 USD from 1990 until 2018, reaching an all time high of 31065.06 USD in 2018 and a record low of 8862 USD in 1994. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - Lithuania GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Credit in Lithuania decreased to 765.90 EUR Million in March from 779.50 EUR Million in February of 2020. Consumer Credit in Lithuania averaged 729.77 EUR Million from 2004 until 2020, reaching an all time high of 1305 EUR Million in October of 2008 and a record low of 112.90 EUR Million in March of 2004. This page provides - Lithuania Consumer Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Lithuania increased to 113.35 points in the fourth quarter of 2019 from 112.20 points in the third quarter of 2019. GDP Deflator in Lithuania averaged 99.47 points from 1995 until 2019, reaching an all time high of 127.36 points in the second quarter of 2019 and a record low of 66.79 points in the first quarter of 1995. This page provides - Lithuania GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Lithuania contracted 0.20 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Lithuania averaged 1.04 percent from 1995 until 2020, reaching an all time high of 4.80 percent in the first quarter of 2003 and a record low of -13.10 percent in the first quarter of 2009. In 2015, Lithuania became the 19th member of Euro Area. Lithuania’s service sector constitutes the largest share of GDP with information and communication technologies being the fastest growing. Also, in recent years Lithuania has shifted towards a knowledge-based economy: several companies produce sophisticated biotech products like pharmaceutical substances, components for molecular diagnostics and laser equipment. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Exports of goods and services account for 81 percent while imports account for 79 percent, adding 2 percent of total GDP. On a production side, the wholesale and retail trade, transport, accommodation and food service activities sector is the most important and accounts for around 32 percent to total GDP. It follows by industry (23 percent of total GDP); manufacturing (19 percent); public administration, defence, education, human health and social work activities (14 percent); construction (7 percent); real estate activities (6 percent); professional, scientific and technical activities and administrative and support services (6 percent); information and communication (3 percent); agriculture (4 percent); financial and insurance (2 percent); and arts, entertainment and recreation, repair of household goods and other services (2 percent). This page provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Lithuania increased to 1710 in the fourth quarter of 2019 from 1630 in the third quarter of 2019. Building Permits in Lithuania averaged 1326.21 from 1999 until 2019, reaching an all time high of 2546 in the fourth quarter of 2016 and a record low of 278 in the first quarter of 1999. This page provides - Lithuania Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Lithuania decreased to -16 points in April from 0 points in March of 2020. Consumer Confidence in Lithuania averaged -13.09 points from 2001 until 2020, reaching an all time high of 9 points in March of 2007 and a record low of -56 points in January of 2009. In Lithuania, the consumer confidence indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page provides - Lithuania Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Lithuania decreased to 104.60 points in November from 105 points in October of 2019. Producer Prices in Lithuania averaged 89.16 points from 1998 until 2019, reaching an all time high of 121.70 points in September of 2012 and a record low of 55.50 points in February of 1999. In Lithuania, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Lithuania Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Productivity in Lithuania increased to 113.20 points in the fourth quarter of 2019 from 112.90 points in the third quarter of 2019. Productivity in Lithuania averaged 78.83 points from 1995 until 2019, reaching an all time high of 113.20 points in the fourth quarter of 2019 and a record low of 41.70 points in the first quarter of 1995. This page provides - Lithuania Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania recorded a trade deficit of 40 EUR Million in March of 2020. Balance of Trade in Lithuania averaged -194.13 EUR Million from 1994 until 2020, reaching an all time high of 69.20 EUR Million in August of 1994 and a record low of -597.50 EUR Million in March of 2008. Lithuania exports mostly mineral products, machinery and mechanical appliances, electrical equipment, chemicals and foodstuffs; and imports mineral products, machinery and mechanical appliances, electrical equipment. In 2016, the largest trade deficits were recorded with Germany, Poland, Russia and Sweden, while the biggest trade surpluses were recorded with the United States, Estonia, the United Kingdom and Latvia. This page provides - Lithuania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Lithuania stands at 1.77 percent. Social Security Rate For Companies in Lithuania averaged 29.17 percent from 2004 until 2019, reaching an all time high of 31.18 percent in 2018 and a record low of 1.77 percent in 2019. In Lithuania, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Lithuania because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Lithuania Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania is ranked 11 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Lithuania improved to 11 in 2019 from 14 in 2018. Ease of Doing Business in Lithuania averaged 20.75 from 2008 until 2019, reaching an all time high of 27 in 2011 and a record low of 11 in 2019. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Lithuania.

Asylum Applications in Lithuania decreased to 35 persons in November from 55 persons in October of 2019. Asylum Applications in Lithuania averaged 32.82 persons from 2009 until 2019, reaching an all time high of 100 persons in October of 2016 and a record low of 0 persons in July of 2013. Asylum Application in this page refers to first time asylum applicants. Data is supplied to Trading Economics by the Eurostat, National Ministries of Interior and other official agencies.

Consumer Spending in Lithuania increased to 6970.74 EUR Million in the fourth quarter of 2019 from 6956.63 EUR Million in the third quarter of 2019. Consumer Spending in Lithuania averaged 5267.72 EUR Million from 2005 until 2019, reaching an all time high of 6970.74 EUR Million in the fourth quarter of 2019 and a record low of 3807.03 EUR Million in the first quarter of 2005. This page provides - Lithuania Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Lithuania increased to 0.46 in 2018 from 0 in 2017. Terrorism Index in Lithuania averaged 0.03 from 2002 until 2018, reaching an all time high of 0.46 in 2018 and a record low of 0 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Government Spending in Lithuania increased to 1593.60 EUR Million in the fourth quarter of 2019 from 1512.90 EUR Million in the third quarter of 2019. Government Spending in Lithuania averaged 1425.73 EUR Million from 2005 until 2019, reaching an all time high of 1593.60 EUR Million in the fourth quarter of 2019 and a record low of 1257.60 EUR Million in the third quarter of 2010. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Lithuania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Lithuania decreased to 384.50 Thousand in the fourth quarter of 2018 from 666.50 Thousand in the third quarter of 2018. Tourist Arrivals in Lithuania averaged 338.33 Thousand from 2007 until 2018, reaching an all time high of 666.50 Thousand in the third quarter of 2018 and a record low of 152.80 Thousand in the first quarter of 2009. This page provides - Lithuania Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The OMX Vilnius decreased 25 points or 3.43% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Lithuania. Historically, the Lithuania Stock Market OMX Vilnius Index reached an all time high of 750.56 in February of 2020. Lithuania Stock Market OMX Vilnius Index is a total return index which includes all the shares listed on the main and secondary lists on the Vilnius Stock Exchange. Base date is December 31, 1999, with value 100.

Retirement Age Men in Lithuania increased to 63.67 in 2018 from 63.50 in 2017. Retirement Age Men in Lithuania averaged 62.81 from 2004 until 2018, reaching an all time high of 63.67 in 2018 and a record low of 62.50 in 2005. This page provides - Lithuania Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Lithuania increased to 62.20 percent in the fourth quarter of 2019 from 62 percent in the third quarter of 2019. Labor Force Participation Rate in Lithuania averaged 58.23 percent from 1998 until 2019, reaching an all time high of 62.60 percent in the third quarter of 2018 and a record low of 54.70 percent in the fourth quarter of 2006. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides the latest reported value for - Lithuania Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Lithuania increased to 4748.70 USD Million in March from 4317.50 USD Million in February of 2020. Foreign Exchange Reserves in Lithuania averaged 3529.42 USD Million from 1992 until 2020, reaching an all time high of 8958.10 USD Million in February of 2013 and a record low of 107.20 USD Million in December of 1992. In Lithuania, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Lithuania Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania is the 39 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Lithuania averaged 42.46 from 2007 until 2019, reaching an all time high of 53 in 2010 and a record low of 36 in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Lithuania Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in Lithuania increased to 62.33 in 2018 from 62 in 2017. Retirement Age Women in Lithuania averaged 60.49 from 2004 until 2018, reaching an all time high of 62.33 in 2018 and a record low of 59 in 2005. This page provides - Lithuania Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Time Employment in Lithuania increased to 1246.80 Thousand in the fourth quarter of 2019 from 1246.50 Thousand in the third quarter of 2019. Full Time Employment in Lithuania averaged 1223.77 Thousand from 1998 until 2019, reaching an all time high of 1334.10 Thousand in the third quarter of 2005 and a record low of 1096 Thousand in the first quarter of 2010. This page provides - Lithuania Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Lithuania stands at 21.27 percent. Social Security Rate in Lithuania averaged 36.95 percent from 2004 until 2019, reaching an all time high of 41.98 percent in 2016 and a record low of 21.27 percent in 2019. In Lithuania, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Lithuania because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Lithuania Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania recorded a Current Account surplus of 194 EUR Million in February of 2020. Current Account in Lithuania averaged -69.91 EUR Million from 2004 until 2020, reaching an all time high of 542.30 EUR Million in October of 2019 and a record low of -574.42 EUR Million in March of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Lithuania Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Lithuania was last recorded at 34.9 percent of GDP in 2019 . Government Spending to GDP in Lithuania averaged 37.29 percent from 1995 until 2019, reaching an all time high of 50.30 percent in 1997 and a record low of 33.20 percent in 2017. This page provides the latest reported value for - Lithuania Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labour Costs in Lithuania decreased to 128.10 points in the fourth quarter of 2019 from 134 points in the third quarter of 2019. Labour Costs in Lithuania averaged 74.50 points from 2000 until 2019, reaching an all time high of 134 points in the third quarter of 2019 and a record low of 35.90 points in the first quarter of 2000. This page provides - Lithuania Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.