Republic of Lithuania: 2017 Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, June 30, 2017
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- Republic of Lithuania: 2017 Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: June 30, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484305966.002
Economic performance and near-term outlook
- The economy of Lithuania "has been gathering momentum, following sluggish performance in 2015 and most of 2016."
- Real GDP expanded by 3.9 percent in the first quarter of 2017 after rising by 2.3 percent in 2016.
- "Building on recent momentum, economic growth should be strong in 2017, rising to 3.2 percent."
Key drivers of growth
- Strong private consumption, driven by "robust wage growth and low inflation that supported purchasing power," has long been a main driver of growth.
- "Improving external conditions and a turnaround in European funds absorption, as well as high capacity utilization, should spur exports and investment."
Thematic coverage (as listed in the report)
- Financial institutions
- Fiscal policy
- Income
- Labor
- Loans
- Macrostructural analysis
- National accounts
- Structural reforms
- Wages
Republic of Lithuania: 2017 Article IV Consultation-Press Release and Staff Report (IMF Staff Country Report No. 2017/177, June 30, 2017)
Content in this bundle
- Country Report