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Republic of Lithuania: Staff Report for the 2015 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2015 Article IV Consultation highlights that growth in Lithuania has remained resilient, despite challenges in the external environment. Strong domestic demand growth on the back of improving labor market conditions underpinned real GDP growth of 2.9 percent in 2014. Exports held up reasonably well despite Russian import bans. Growth should remain largely unchanged at 2.8 percent from last year in 2015, as positive external factors counterbalance negative ones and domestic demand remains robust. The main policy challenge will be to secure reasonably rapid convergence with living standards in western Europe going forward.

Suggested Citation

  • International Monetary Fund, 2015. "Republic of Lithuania: Staff Report for the 2015 Article IV Consultation," IMF Staff Country Reports 2015/138, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/138
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=42970
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    Cited by:

    1. Miroslav Nedelchev, 2018. "Reforms Of Banking Supervision In Bulgaria," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 14(1), pages 125-134.
    2. Raissi, Mehdi & Tulin, Volodymyr, 2018. "Price and income elasticity of Indian exports—The role of supply-side bottlenecks," The Quarterly Review of Economics and Finance, Elsevier, vol. 68(C), pages 39-45.
    3. World Bank Group, 2017. "Global Economic Prospects, January 2017," World Bank Publications - Books, The World Bank Group, number 25823.

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