Lithuania Government Budget

Lithuania recorded a Government Budget deficit equal to 2.20 percent of the country's Gross Domestic Product in 2013. Government Budget in Lithuania is reported by the Eurostat. Government Budget in Lithuania averaged -3.16 Percent of GDP from 2000 until 2013, reaching an all time high of -0.40 Percent of GDP in 2006 and a record low of -9.40 Percent of GDP in 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Lithuania Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2.20 -3.24 -0.40 -9.40 -1.49 | 2014/06 2000 - 2013 Percent of GDP Yearly

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Lithuania Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Budget -2.20 2013-12-31 -3.24 -0.40 -9.40 -1.49 2014-06-30 Percent of GDP [+]
Government Budget Value -2669.70 2013-11-15 324.30 651.60 -3714.10 -745.76 2014-06-30 LTL Million [+]
Government Spending 3431.40 2013-11-15 3155.90 3692.80 2197.70 3355.46 2014-06-30 LTL Million [+]
Government Debt To GDP 39.40 2013-12-31 40.50 40.50 15.50 39.12 2014-06-30 Percent [+]
Credit Rating 57.10 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Lithuania Government Spending at 3431.40 LTL Million  
Government Spending in Lithuania increased to 3431.40 LTL Million in the fourth quarter of 2013 from 3155.90 LTL Million in the third quarter of 2013. Government Spending in Lithuania is reported by the Statistics Lithuania.
Lithuania Gross Fixed Capital Formation at 5078.40 LTL Million  
Gross Fixed Capital Formation in Lithuania decreased to 5078.40 LTL Million in the fourth quarter of 2013 from 5399.30 LTL Million in the third quarter of 2013. Gross Fixed Capital Formation in Lithuania is reported by the Statistics Lithuania.
Lithuania Gross National Income at 29643.00 LTL Million  
Gross National Product in Lithuania decreased to 29643 LTL Million in the fourth quarter of 2013 from 31292 LTL Million in the third quarter of 2013. Gross National Product in Lithuania is reported by the Statistics Lithuania.
Lithuania Harmonised Consumer Prices at 140.13 Index Points  
Harmonised Consumer Prices in Lithuania increased to 140.13 Index Points in March of 2014 from 139.60 Index Points in February of 2014. Harmonised Consumer Prices in Lithuania is reported by the Statistics Lithuania.
Lithuania Completed Dwellings at 1987.00  
Housing Index in Lithuania increased to 1987 in the fourth quarter of 2013 from 1442 in the third quarter of 2013. Housing Index in Lithuania is reported by the Statistics Lithuania.
Lithuania Imports at 6512.30 LTL Million  
Imports in Lithuania increased to 6512.30 LTL Million in February of 2014 from 6425.30 LTL Million in January of 2014. Imports in Lithuania is reported by the Statistics Lithuania.
Lithuania Import Prices at 96.70 Index Points  
Import Prices in Lithuania decreased to 96.70 Index Points in the fourth quarter of 2013 from 97.80 Index Points in the third quarter of 2013. Import Prices in Lithuania is reported by the Statistics Lithuania.
Lithuania Average Interbank Rate at 0.14 Percent  
Interbank Rate in Lithuania decreased to 0.14 percent in March of 2014 from 0.21 percent in February of 2014. Interbank Rate in Lithuania is reported by the Bank of Lithuania.
Lithuania Labour Costs at 104.70 Index Points  
Labour Costs in Lithuania decreased to 104.70 Index Points in the fourth quarter of 2013 from 105.90 Index Points in the third quarter of 2013. Labour Costs in Lithuania is reported by the Statistics Lithuania.
Lithuania Personal Savings at 0.51 Percent  
Personal Savings in Lithuania decreased to 0.51 percent in February of 2014 from 0.61 percent in January of 2014. Personal Savings in Lithuania is reported by the Bank of Lithuania.
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