wiiw Forecast Reports
LITHUANIA: EU funds foster growth at full potential
publication_icon
in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 114-117
In 2018, economic growth in Lithuania will be driven by ongoing strong public investment, underpinned by fresh funds from the EU. The continued decline in unemployment and rapid wage growth mean steady, strong growth in household consumption. External demand activity, having seen a remarkable revival, particularly from the CIS last year, will remain buoyant in 2018. For 2018, we forecast GDP to grow by 3.2% at potential, followed by 2.6% in 2019 and 2.2% in 2020.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Lithuania