GDP

International Internet Magazine. Baltic States news & analytics Friday, 24.10.2014, 21:46

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General government deficit in Lithuania stood at 2.6, debt – 39% of GDP in 2013

General government deficit in Lithuania stood at 2.6, debt – 39% of GDP in 2013

22.10.2014

Statistics Lithuania has implemented the methodological requirements set in Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (ESA 2010) and carried out a revision of the time series of general government finance and national accounts aggregates. In 2013, according to the revised data, the general government deficit totalled LTL 3163.3 million (EUR 916.2 million), or 2.6% of GDP. Over the year, the general government deficit decreased by LTL 460.2 million (in 2012, this indicator stood at 3.2% of GDP).

Keyword tags: Analytics, Budget, EU – Baltic States, Financial Services, GDP, Lithuania



SEB projects Lithuania will have fastest growth in Baltics in 2015

SEB projects Lithuania will have fastest growth in Baltics in 2015

16.10.2014

SEB banka projects that Lithuania will have the fastest growth in the Baltics in 2015, informs LETA/Nozare.lv.

Budget deficit projected at 1% of GDP in 2015

Budget deficit projected at 1% of GDP in 2015

15.10.2014

The budget deficit in 2015 is projected at 1% of gross domestic product (GDP), while national debt at 34.6% of GDP in Latvia, informs LETA.


Lithuania's real estate enterprises most productive in 2013

Lithuania's real estate enterprises most productive in 2013

10.10.2014

Statistics Lithuania has revised labour productivity in the national economy in 2013. Based on the latest data, the value added per hour actually worked in the whole economy amounted to, on average, LTL 45.94 (EUR 13.31) at current prices, which is by LTL 2 (EUR 0.58) more than in 2012, reports LETA/ELTA.

Schneider and Sauka: shadow economy in Latvia at 23-24% of GDP

Schneider and Sauka: shadow economy in Latvia at 23-24% of GDP

09.10.2014

Currently, the shadow economy in Latvia is at approximately 24.7% of gross domestic product (GDP), according to calculations by Dr. Friedrich Schneider from the Johannes Kepler University of Linz, reports LETA.

08.10.2014

IMF predicts 2.7% growth for Latvia in 2014

Economic recovery is expected to remain uneven in eastern Europe in 2014 and 2015, with risks mainly coming from the eurozone, the International Monetary Fund said Tuesday, reports LETA/AFP.

08.10.2014

IMF: euro adoption – proof of Lithuania's success

According to the International Monetary Fund (IMF), the adoption of the euro as of 2015 is proof of the success of Lithuania's economy, it will positively affect the economy and will consolidate even more Lithuania's place in Europe. In the newest evaluation report attention was also paid to the fact that due to effective supervision the country's financial sector strengthened, reported LETA/ELTA, referring to the Bank of Lithuania.

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