November 2005
Emerging Europe Monitor: Central Europe & Baltic States;Nov2005, Vol. 12 Issue 11, p12
Country Report
Country Report
The article presents information and data related to business and economic conditions of Lithuania. The current account deficit widened from 5.6% of GDP in Q1 of 2005 to 7.3% in Q2, but is still in line with Business Monitor International Ltd.'s annual forecast of 6.8%. Exports grew by 24.8% year-on-year in H1, while imports increased by 19.6%. A small rise in the merchandise trade deficit was more than offset by a larger surplus on the balance of services, due partly to an increase in foreign visitors--both tourists and business people. Data on population, real GDP, industrial output, exchange rate, trade balance, current account, foreign reserves and gross external debt is also given for the years 2003 and 2004.


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