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The Lithuanian economy

(USD millions)
1999
2000
2001
2002
2003(e)
2004(f)
Economic growth (%)
-1.8
4.0
6.5
6.7
7.0
6.2
Inflation (%)
0.8
1.0
1.3
0.3
0.0
2.5
Public-sector balance (%GDP)
-8.5
-2.8
-2.0
-1.2
-1.8
-3.0
Unemployment rate (%)
10.0
12.6
12.9
10.9
9.4
n/a
Exports
3,147
4,050
4,889
6,028
8,033
8,760
Imports
4,551
5,154
5,997
7,343
9,695
10,684
Trade balance
-1,405
-1,104
-1,108
-1,315
-1,662
-1,924
Current account balance
-1,194
-675
-574
-721
-1,006
-1,164
Current account balance (%GDP)
-11.2
-6.0
-4.8
-5.2
-5.7
-5.9
Foreign debt
4,528
4,856
5,268
6,199
6,874
7,376
Debt service (%Exports)
17.4
19.3
32.6
37.1
18.2
17.3
Currency reserves (import months)
2.5
2.5
2.7
3.3
2.7
2.6

(e) estimated (f) forecast

Source: Cofacerating

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