Projections of Lithuanian Economic Indicators (February 2010)

KEY MACROECONOMIC INDICATORS 
Indicators 2008 Projection 2010-02
2009 2010 2011 2012
GDP growth/chain-linked volume growth, percentage   2,8 -15,0 1,6 3,2 1,2
HCPI (average annual)/ Consumer price index, per cent 11,1 4,2 -1,0 1,0 1,5
HCPI (monthly annual inflation)/ Consumer price index, per cent 8,5 1,2 -1,0 1,3 2,0
Growth of average monthly gross earnings, previous period = 100 119,4 95,4 92,2 99,1 100,9
Average monthly gross earnings, LTL 2151,7 2052,0 1891,9 1874,1 1890,7
Unemployment rate, per cent (according to labour force survey) 5,8 13,6 16,7 15,5 14,7
Balance of goods and services, percentage share of GDP -11,4 0,5 5,9 2,7 1,5
Growth of consumption / chain-linked volume  growth, percentage 4,5 -16,7 -5,0 6,2 2,3
Growth of gross fixed capital formation / chain-linked volume  growth, percentage -6,5 -45,0 18,2 8,5 2,0
GDP at current prices growth, percentage 12,7 -16,9 1,5 3,9 2,3

  

ECONOMIC INDICATORS, current prices, LTL mill.
 
Indicators 2008 Projection 2010-02
2009 2010 2011 2012
Final consumption expenditure 93872 81479 76631 82162 85343
percentage share of GDP 84,4 88,1 81,7 84,3 85,5
nominal growth, percentage 15,4 -13,2 -5,9 7,2 3,9
Households consumption expenditure 72141 62641 59153 67375 70562
percentage share of GDP 64,9 67,8 63,0 69,1 70,7
Government consumption expenditure 21469 18610 17264 14558 14543
percentage share of GDP 19,3 20,1 18,4 14,9 14,6
NPI 1 consumption expenditure 262 227 214 229 238
percentage share of GDP 0,2 0,2 0,2 0,2 0,2
Gross capital formation 30036 10475 11611 12691 12970
percentage share of GDP 27,0 11,3 12,4 13,0 13,0
nominal growth, percentage -1,4 -65,1 10,8 9,3 2,2
Balance of trade -12718 495 5577 2667 1498
percentage share of GDP -11,4 0,5 5,9 2,7 1,5
Gross domestic product 111190 92450 93819 97520 99811
nominal growth, percentage 12,7 -16,9 1,5 3,9 2,3
Gross domestic product, chain-linked volume 81020 68845 69933 72201 73086
chain-linked volume  growth, percentage 2,8 -15,0 1,6 3,2 1,2
  2008 2009 2010 2011 2011
1 - NPI – non-profit institutions 

  

LABOUR MARKET, EARNINGS AND PRICES
 
Indicators Unit of measure 2008 Projection 2010-02
2009 2010 2011 2012
Average monthly gross earnings LTL 2151,7 2052,0 1891,9 1874,1 1890,7
Indices of the average monthly gross earnings, previous period = 100    119,4 95,4 92,2 99,1 100,9
Annual fund for wages and salaries LTL mill. 30124,7 24692,2 22625,9 22284,2 22465,3
Average annual number of employed, acc. to labour force survey Thous. 1520,0 1414,8 1343,2 1335,2 1334,2
o/w: average annual conditional number of employees 1, acc. to labour force survey Thous. 1166,7 1002,8 996,6 990,9 990,1
Average annual number of economically active population, acc. to labour force survey  Thous. 1614,3 1637,0 1612,8 1580,2 1564,2
Average annual number of the unemployed, acc. to labour force survey Thous. 94,3 222,2 269,6 244,9 229,9
Unemployment rate, acc. to labour force survey  per cent 5,8 13,6 16,7 15,5 14,7
Change of consumption goods and services price index            
end of December per cent 8,5 1,2 -1,0 1,3 2,0
average annual per cent 11,1 4,2 -1,0 1,0 1,5
1 - hired employees, regrouped into employed full-time.

 

Last updated: 11-09-2019