Current Account in Lithuania

Lithuania Current Account | Economic News & Forecasts

Lithuania - Current Account

Gitanas Nauseda, a former chief economist at SEB, was elected Lithuania’s president on 26 May with 66% of the votes. Nauseda’s broader appeal among the electorate allowed him to capture nearly all of the other candidates’ votes in the second-round runoff where he beat former Finance Minister Ingrida Simonyte. Despite his lack of experience in the political arena, Nauseda’s win has been well received by market analysts, owing to his proven economic credentials and center-right policy program: The new president has pledged to support progressive taxes and boost Lithuania’s trade ties while maintaining a pro-Western course. Against this backdrop, preliminary data suggests growth has remained upbeat so far in 2019: The economy expanded at a near two-year high in Q1 amid a strong outturn in the manufacturing, construction and retail trade sectors.

Lithuania - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)0.8  3.4  -2.9  -1.2  0.8  

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Lithuania Current Account Chart

Lithuania Current Account
Note: Current account balance as % of GDP.
Source: Lithuania Central Bank and Met the why particular calculations.

Lithuania Facts

Bond Yield0.750.0 %Jun 14
Stock Market6700.45 %Jun 14

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