| LITHUANIAN ECONOMY STATS: |
| Top Stats |
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Agriculture > products
grain, potatoes, sugar beets, flax, vegetables; beef, milk, eggs; fish |
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Aid as % of GDP
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0.9% |
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[93rd of 129]
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Definition: Economy > Aid as % of GDP |
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Big Mac Index
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$2.31 |
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[33rd of 65]
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Definition: Economy > Big Mac Index |
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Debt > External
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$22,700,000,000.00 |
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[65th of 136]
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Definition: Economy > Debt > External |
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Distribution of family income > Gini index
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36 |
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[14th of 43]
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Definition: Economy > Distribution of family income > Gini index |
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Economic freedom
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2.65 |
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[30th of 156]
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Definition: Economy > Economic freedom |
Economy > Overview
Lithuania, the Baltic state that has conducted the most trade with Russia, has grown rapidly since rebounding from the 1998 Russian financial crisis. Unemployment fell to 3.2% in 2007 while wages continued to grow at double digit rates, contributing to rising inflation. Exports and imports also grew strongly, and the current account deficit rose to nearly 15% of GDP in 2007. Trade has been increasingly oriented toward the West. Lithuania has gained membership in the World Trade Organization and joined the EU in May 2004. Privatization of the large, state-owned utilities is nearly complete. Foreign government and business support have helped in the transition from the old command economy to a market economy. |
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Definition: Economy > Economy > Overview |
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Exports
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$17,180,000,000.00 |
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[69th of 189]
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Definition: Economy > Exports |
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GDP
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$29,790,800,000.00 |
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[69th of 203]
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Definition: Economy > GDP |
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GDP > PPP
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$44,779,000,000.00 |
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[71st of 163]
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Definition: Economy > GDP > PPP |
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GDP > Real growth rate
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8.8% |
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[22nd of 198]
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Definition: Economy > GDP > Real growth rate |
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GINI index
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36.03
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[25th of 40]
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Definition: Economy > GINI index |
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Gross National Income
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$11,652,500,000.00 |
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[73rd of 172]
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Definition: Economy > Gross National Income |
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Human Development Index
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0.852 |
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[39th of 178]
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Definition: Economy > Human Development Index |
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Income category
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Upper middle income |
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Definition: Economy > Income category |
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Income distribution > Richest 10%
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25.6% |
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[83rd of 114]
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Definition: Economy > Income distribution > Richest 10% |
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Population below poverty line
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4% |
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[42nd of 46]
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Definition: Economy > Population below poverty line |
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Poverty > Share of all poor people
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0.01 % of world's poor |
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[74th of 80]
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Definition: Economy > Poverty > Share of all poor people |
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Public debt
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17.3 % of GDP |
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[99th of 121]
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Definition: Economy > Public debt |
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Tourist arrivals
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1,012,000 |
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[51st of 152]
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Definition: Economy > Tourist arrivals |
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