Converter Lithuanian Litas (exchange rate LTL)

Lithuanian Litas

• iso 4217: LTL
• Lithuania (Europe)

Lithuania Unemployment Rate

The unemployment rate in Lithuania was last reported at 13.9 percent in the fourth quarter of 2011. Historically, from 1998 until 2012, Lithuania Unemployment Rate averaged 11.6600 Percent reaching an all time high of 18.3000 Percent in June of 2010 and a record low of 3.9000 Percent in September of 2007. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Lithuania Unemployment Rate.

source: Statistics Lithuania

Lithuania Interest Rate

The benchmark interest rate in Lithuania was last reported at 1.75 percent. Historically, from 1999 until 2012, Lithuania Interest Rate averaged 4.6200 Percent reaching an all time high of 18.3300 Percent in November of 1999 and a record low of 1.7500 Percent in May of 2009. In Lithuania, interest rates decisions are taken by the Board of the Bank of Lithuania (Lietuvos Bankas). The official interest rate is the Overnight Repurchase Rate. However, Lietuvos Bankas doesn’t use interest rates as a policy tool. This page includes a chart with historical data for Lithuania Interest Rate.

source: Bank of Lithuania

Lithuania Inflation Rate

The inflation rate in Lithuania was recorded at 3.20 percent in April of 2012. Historically, from 1993 until 2012, Lithuania Inflation Rate averaged 23.1400 Percent reaching an all time high of 707.4000 Percent in June of 1993 and a record low of -2.0000 Percent in January of 2003. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Lithuania Inflation Rate.

source: Statistics Lithuania

Lithuania GDP Growth Rate

The Gross Domestic Product (GDP) in Lithuania expanded 0.80 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2012, Lithuania GDP Growth Rate averaged 1.1400 Percent reaching an all time high of 4.2000 Percent in March of 2003 and a record low of -13.5000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Lithuania was one of the fastest growing economies in the European Union P prior to the global financial crisis. 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. This page includes a chart with historical data for Lithuania GDP Growth Rate.

source: Statistics Lithuania

Lithuania GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Lithuania expanded 3.90 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1996 until 2012, Lithuania GDP Annual Growth Rate averaged 4.6700 Percent reaching an all time high of 11.6000 Percent in December of 2003 and a record low of -15.8000 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Lithuania GDP Annual Growth Rate.

source: Statistics Lithuania

Lithuania Imports

Lithuania imports were worth 7284 Million LTL in March of 2012. Historically, from 1999 until 2012, Lithuania Imports averaged 3714.8000 Million LTL reaching an all time high of 7284.0000 Million LTL in March of 2012 and a record low of 1143.7000 Million LTL in January of 1999. Lithuania imports mineral products, machinery and mechanical appliances, electrical equipment. Its main import partners are Russia, Germany, Poland and Latvia. This page includes a chart with historical data for Lithuania Imports.

source: Statistics Lithuania

Lithuania Balance of Trade

Lithuania reported a trade deficit equivalent to 946 Million LTL in March of 2012. Historically, from 1999 until 2012, Lithuania Balance of Trade averaged -814.5000 Million LTL reaching an all time high of -113.7000 Million LTL in December of 2009 and a record low of -2063.1000 Million LTL in March of 2008. Lithuania exports mostly mineral products (Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes), foodstuffs, machinery and mechanical appliances, electrical equipment and chemicals. Lithuania's main export partners are Russia, Latvia, Germany and Poland. Lithuania imports mineral products, machinery and mechanical appliances, electrical equipment. Its main import partners are Russia, Germany, Poland and Latvia. This page includes a chart with historical data for Lithuania Balance of Trade.

source: Statistics Lithuania

Lithuania Exports

Lithuania exports were worth 6337 Million LTL in March of 2012. Historically, from 1999 until 2012, Lithuania Exports averaged 2900.4200 Million LTL reaching an all time high of 6408.0000 Million LTL in September of 2011 and a record low of 800.7000 Million LTL in January of 1999. Lithuania exports mostly mineral products (Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes), foodstuffs, machinery and mechanical appliances, electrical equipment and chemicals. Lithuania's main export partners are Russia, Latvia, Germany and Poland. This page includes a chart with historical data for Lithuania Exports.

source: Statistics Lithuania

Lithuania Current Account to GDP

Lithuania reported a Current Account deficit of 1.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Lithuania Current Account to GDP averaged -7.1100 Percent reaching an all time high of 4.4000 Percent in December of 2009 and a record low of -14.4000 Percent in December of 2007. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Lithuania Current Account to GDP.

source: Bank of Lithuania

Lithuania Current Account

Lithuania reported a current account deficit equivalent to 1051 Million LTL in the fourth quarter of 2011. Historically, from 1993 until 2011, Lithuania Current Account averaged -993.3400 Million LTL reaching an all time high of 2779.3000 Million LTL in December of 2009 and a record low of -4979.9300 Million LTL 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 includes a chart with historical data for Lithuania Current Account.

source: Bank of Lithuania

Lithuania Business Confidence

In Lithuania, business confidence improved to -10 in April of 2012 from -11 in March of 2012. Historically, from 2003 until 2012, Lithuania Business Confidence averaged -7.4100 reaching an all time high of 14.0000 in April of 2007 and a record low of -38.0000 in December of 2008. In Lithuania, industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page includes a chart with historical data for Lithuania Business Confidence.

source: Statistics Lithuania

Lithuania Consumer Confidence

In Lithuania, consumer confidence remained the same at -21 in April of 2012. Historically, from 2001 until 2012, Lithuania Consumer Confidence averaged -16.9400 reaching an all time high of 9.0000 in March of 2007 and a record low of -56.0000 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 includes a chart with historical data for Lithuania Consumer Confidence.

source: Statistics Lithuania

Lithuania Government Debt To GDP

Lithuania recorded a Government Debt to GDP of 38.50 percent of the country's Gross Domestic Product in 2011. Historically, from 1999 until 2011, Lithuania Government Debt To GDP averaged 23.6200 Percent reaching an all time high of 38.5000 Percent in December of 2011 and a record low of 15.5000 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Lithuania Government Debt To GDP.

source: Eurostat

Lithuania Government Budget

Lithuania reported a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in 2011. Historically, from 2000 until 2011, Lithuania Government Budget averaged -3.2300 Percent of GDP reaching an all time high of -0.4000 Percent of GDP in December of 2006 and a record low of -9.4000 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Lithuania Government Budget.

source: Eurostat

Lithuania Annual Retail Sales

Retail Sales in Lithuania increased 3.80 percent in March of 2012 over the same month in the previous year. Historically, from 1998 until 2012, Lithuania Annual Retail Sales averaged 5.1300 Percent reaching an all time high of 22.4000 Percent in January of 1998 and a record low of -26.9000 Percent in November of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Lithuania Annual Retail Sales.

source: Eurostat

Lithuania Retail Sales

Retail Sales in Lithuania decreased 0.10 percent in March of 2012 over the previous month. Historically, from 1998 until 2012, Lithuania Retail Sales averaged 0.3200 Percent reaching an all time high of 8.7000 Percent in January of 2000 and a record low of -12.3000 Percent in January of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Lithuania Retail Sales.

source: Eurostat

Lithuania GDP per capita

The Gross Domestic Product per capita in Lithuania was last reported at 5278.19 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Lithuania is equivalent to 43 percent of the world's average. Historically, from 1990 until 2010, Lithuania GDP per capita averaged 3951.0400 USD reaching an all time high of 6041.4100 USD in December of 2008 and a record low of 2465.2300 USD in December of 1994. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Lithuania GDP per capita.

source: World Bank

Lithuania GDP per capita PPP

The Gross Domestic Product per capita in Lithuania was last reported at 18183.98 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Lithuania, when adjusted by Purchasing Power Parity is equivalent to 83 percent of the world's average. Historically, from 1990 until 2010, Lithuania GDP per capita PPP averaged 10955.9100 USD reaching an all time high of 19595.8400 USD in December of 2008 and a record low of 5708.8700 USD in December of 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 includes a chart with historical data for Lithuania GDP per capita PPP.

source: World Bank

Lithuania Population

Historically, from 1960 until 2010, Lithuania Population averaged 3.3600 Million reaching an all time high of 3.7000 Million in December of 1990 and a record low of 2.7800 Million in December of 1960. The total population in Lithuania was last reported at 3.3 million people in 2010 from 2.8 million in 1960, changing 20 percent during the last 50 years. Lithuania has 0.05 percent of the world´s total population which means that one person in every 2066 people on the planet is a resident of Lithuania. This page includes a chart with historical data for Lithuania's Total Population. This page includes a chart with historical data for Lithuania Population.

source: the World Bank

datas from tradingeconomics.com

27 May 2012 ► Converter Lithuanian Litas ► Free online currency conversion based on exchange rates. Currency converter