Republic of Lithuania : 2018 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the Republic of Lithuania

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

June 25, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2018 Article IV Consultation highlights a pickup in the economy of Lithuania in 2017, following two years of sluggish growth. Real GDP expanded by 3.9 percent, largely because of the acceleration of investment, which benefited from credit growth and high capacity utilization. Private consumption remained the main engine of growth, though it was held back by decelerating real wages. The external current account swung to a modest surplus, with exports benefiting from past investments in export capacity and improved external demand. Growth in 2018 is projected at 3.2 percent, mainly because of weaker exports after very strong performance in 2017 and a slowdown in consumption driven by negative employment growth.

Series:

Country Report No. 18/185

Subject:

English

Publication Date:

June 25, 2018

ISBN/ISSN:

9781484363157/1934-7685

Stock No:

1LTUEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

60

Please address any questions about this title to publications@imf.org