Lithuania Government Debt To GDP

Lithuania recorded a Government Debt to GDP of 39.40 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Lithuania is reported by the Eurostat. Government Debt To GDP in Lithuania averaged 25.76 Percent from 1999 until 2013, reaching an all time high of 40.50 Percent in 2012 and a record low of 15.50 Percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Lithuania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
39.40 40.50 40.50 15.50 39.12 | 2014/06 1999 - 2013 Percent Yearly

TO

Lithuania Government Debt To GDP
LIST BY COUNTRY

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 -1220.48 2014-03-31 LTL Million [+]
Government Spending 3431.40 2013-11-15 3155.90 3692.80 2197.70 3413.22 2014-03-31 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 Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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