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Lithuania - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
24.893  
27.322  
Real GDP growth (constant prices)
6.8 % 
6.5 %
GDP per capita (USD)
7268.064  
8005.595  
Inflation rate
2.7 % 
2.5 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 14.1   18.4   22.3  
Real GDP growth (constant prices) 6.8 % 9.7 % 6.7 %
GDP per capita (USD) 3726   4105   4398  
Inflation rate 0.3 % -1.2 % 1.2 %
Unemployment rate 13.8%   12.4%   ..  
External debt (USD billion) 7   8   ..  
Litas rate on 12/31 (1 US$)   3.294342   2.750797   2.550074  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 7.1%   7.3%   7.4%  
Industry and mining 31.2%   33.8%     33.1%  
Services 61.7%   59.0%     59.5%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 732   179   773   70 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 7.3   9.4   11.6  
Export of goods (f.o.b) 6.0   7.7   9.3  
Trade balance -1.3   -1.7   -2.3  
Balance of payments -0.7   -1.3   -1.6  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 111.8%   113.8%   116.9%  
Share of imports in GDP 58.7%   59.9%   61.9%  
Share of exports in GDP 53.1%   53.9%   55.0%  
Imports of goods and services (percent change) 16.1%   21.9%   11.9%  
Exports of goods and services (percent change) 19.4%   23.1%   12.0%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     9.4     7.7    
Agricultural raw materials 2%   4%  
Food products 8%   12%  
Hydrocarbons 17%   19%  
Manufactured products (chemicals, machines,...) 69%   63%  
Ores and metals 2%   2%  
Other goods 2%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 1   2  
Transport 42%   50%  
Tourisme 39%   34%  
Other services (insurance, financial services, telecommunications,...) 19%   16%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Germany   10.2%  
Latvia   10.2%  
Russian Federation   9.3%  
France   6.3%  
United Kingdom   5.3%  

Main suppliers
(% of imports)
2004
Russian Federation   23.1%  
Germany   16.7%  
Poland   7.7%  
Netherlands   4%  
Latvia   3.8%  
Source : COMTRADE


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Last modified in October 2005
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