Republic of Lithuania : Staff Report for the 2004 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

March 31, 2005

Electronic Access:

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Summary:

This 2004 Article IV Consultation highlights that impressive growth continued unabated in Lithuania in 2004. GDP expanded by an estimated 6¾ percent in 2004, driven by vigorous private consumption and investment growth. The unemployment rate declined to 10½ percent of the labor force but bottlenecks have developed in certain sectors, exacerbated by migration flows to the European Union (EU) and the United States. Structural reforms continued in 2004, but deeper reforms remain necessary to keep Lithuania on a real convergence path with the EU.

Series:

Country Report No. 05/123

Subject:

English

Publication Date:

March 31, 2005

ISBN/ISSN:

9781451824117/1934-7685

Stock No:

1LTUEA2005002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

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