Trade Balance in Lithuania

Lithuania Trade Balance | Economic News & Forecasts

Lithuania - Trade Balance

Growth appears to have recovered somewhat at the end of 2018, on the heels of a disappointing third-quarter outturn due to a lower crop yield and weak external demand. However, despite gaining steam, it was likely still below the average for the year, amid a broader slowdown in the Eurozone. Robust consumption dynamics seem to have continued spearheading the overall expansion in Q4. Easing inflationary pressures and tight labor market conditions likely bolstered households’ disposable income, as reflected by surging retail sales. At an industry level, a sustained deterioration in the mining sector continued to drag on factory output growth in Q4; however, this was more than offset by healthy expansions in the manufacturing and electricity sectors. In the political arena, Prime Minister Saulius Skvernelis announced on 19 January that he would run for president in May. He joins Gitanas Nauseda, a former chief economist of SEB, and Ingrida Simonyte, a former finance minister, as one of the main frontrunners.

Lithuania - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-2.2  -2.0  -2.8  -2.3  -2.7  

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Lithuania Trade Balance Chart

Lithuania Trade
Note: Trade balance in euro billion.
Source: Statistics Lithuania and Met the why particular calculations.

Lithuania Facts

Bond Yield1.150.0 %Feb 14
Stock Market6110.45 %Feb 14

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