wiiw Forecast Reports
LITHUANIA: Weathering the Russian slump
publication_icon
in: A Time of Moderate Expectations
wiiw Forecast Report No. Spring 2015, March 2015 , pp. 69-71
LITHUANIA
The setback in the neighbouring countries to the east, which hit exporters hard last year, will continue and economic growth will decelerate in 2015. Both public and private investments will increase at a slow rate, while household spending will secure a rise in employment; the net result will be 2.4% GDP growth in real terms in 2015. An upward trend in economic activity driven by exports and investment is to be expected in the years thereafter.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Lithuania