Economy Flashcards

1
Q

GDP (purchasing power parity):

A
$67.43 billion (2013 est.)
country comparison to the world: 86
$65.19 billion (2012 est.)
$62.92 billion (2011 est.)
note: data are in 2013 US dollars
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2
Q

GDP (official exchange rate):

A

$46.71 billion (2013 est.)

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3
Q

GDP - real growth rate:

A

3.4% (2013 est.)
country comparison to the world: 100
3.6% (2012 est.)
5.9% (2011 est.)

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4
Q

GDP - per capita (PPP):

A
$22,600 (2013 est.)
country comparison to the world: 65
$21,700 (2012 est.)
$20,800 (2011 est.)
note: data are in 2013 US dollars
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5
Q

Gross national saving:

A

16.5% of GDP (2013 est.)
country comparison to the world: 100
17.2% of GDP (2012 est.)
18.9% of GDP (2011 est.)

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6
Q

GDP - composition, by end use:

A
household consumption: 64.4%
government consumption: 17.2%
investment in fixed capital: 16.8%
investment in inventories: 0.9%
exports of goods and services: 85.4%
imports of goods and services: -84.7%
(2013 est.)
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7
Q

GDP - composition, by sector of origin:

A

agriculture: 3.7%
industry: 28.3%
services: 68% (2013 est.)

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8
Q

Agriculture - products:

A

grain, potatoes, sugar beets, flax, vegetables; beef, milk, eggs; fish

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9
Q

Industries:

A

metal-cutting machine tools, electric motors, television sets, refrigerators and freezers, petroleum refining, shipbuilding (small ships), furniture, textiles, food processing, fertilizers, agricultural machinery, optical equipment, electronic components, computers, amber jewelry

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10
Q

Industrial production growth rate:

A

2% (2013 est.)

country comparison to the world: 126

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11
Q

Labor force:

A

1.452 million (2013 est.)

country comparison to the world: 131

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12
Q

Labor force - by occupation:

A

agriculture: 7.9%
industry: 19.6%
services: 72.5% (2012 est.)

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13
Q

Unemployment rate:

A

12.4% (2013 est.)
country comparison to the world: 126
13.2% (2012 est.)

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14
Q

Population below poverty line:

A

4% (2008)

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15
Q

Household income or consumption by percentage share:

A

lowest 10%: 2.6%

highest 10%: 29.1% (2008)

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16
Q

Distribution of family income - Gini index:

A

35.5 (2009)
country comparison to the world: 88
34 (1999)

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17
Q

Budget:

A

revenues: $14.5 billion
expenditures: $15.43 billion (2013 est.)

18
Q

Taxes and other revenues:

A

31% of GDP (2013 est.)

country comparison to the world: 88

19
Q

Budget surplus (+) or deficit (-):

A

-2% of GDP (2013 est.)

country comparison to the world: 87

20
Q

Public debt:

A

40.2% of GDP (2013 est.)
country comparison to the world: 89
41% of GDP (2012 est.)
note: official data; data cover general government debt, and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities, debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are sold at public auctions

21
Q

Fiscal year:

A

calendar year

22
Q

Inflation rate (consumer prices):

A

1.2% (2013 est.)
country comparison to the world: 32
3.1% (2012 est.)

23
Q

Central bank discount rate:

A

3% (31 December 2010 est.)
country comparison to the world: 112
2.06% (31 December 2009 est.)

24
Q

Commercial bank prime lending rate:

A

4.5% (31 December 2013 est.)
country comparison to the world: 148
5.28% (31 December 2012 est.)

25
Q

Stock of narrow money:

A

$13.83 billion (31 December 2013 est.)
country comparison to the world: 70
$13.77 billion (31 December 2012 est.)

26
Q

Stock of broad money:

A

$20.59 billion (31 December 2013 est.)
country comparison to the world: 84
$20.58 billion (31 December 2012 est.)

27
Q

Stock of domestic credit:

A

$22.02 billion (31 December 2013 est.)
country comparison to the world: 79
$22.69 billion (31 December 2012 est.)

28
Q

Market value of publicly traded shares:

A

$3.964 billion (31 December 2012 est.)
country comparison to the world: 80
$4.075 billion (31 December 2011)
$5.661 billion (31 December 2010 est.)

29
Q

Current account balance:

A

-$567 million (2013 est.)
country comparison to the world: 104
-$231 million (2012 est.)

30
Q

Exports:

A

$30.4 billion (2013 est.)
country comparison to the world: 64
$28.76 billion (2012 est.)

31
Q

Exports - commodities:

A

mineral products, machinery and equipment, chemicals, textiles , foodstuffs, plastics

32
Q

Exports - partners:

A

Russia 19.8%, Latvia 9.9%, Estonia 7.5%, Poland 7.3%, Germany 7.1%, Belarus 5.1%, United Kingdom 4.9%, Netherlands 4.3% (2013 est.)

33
Q

Imports:

A

$32.52 billion (2013 est.)
country comparison to the world: 66
$30.44 billion (2012 est.)

34
Q

Imports - commodities:

A

mineral products, machinery and equipment, transport equipment, chemicals, textiles and clothing, metals

35
Q

Imports - partners:

A

Russia 29.3%, Germany 10.3%, Poland 9.3%, Latvia 6.1% (2013 est.)

36
Q

Reserves of foreign exchange and gold:

A

$10.37 billion (31 December 2013 est.)
country comparison to the world: 75
$8.529 billion (31 December 2012 est.)

37
Q

Debt - external:

A

$29.55 billion (31 December 2013 est.)
country comparison to the world: 73
$32.84 billion (31 December 2012 est.)

38
Q

Stock of direct foreign investment - at home:

A

$16.57 billion (31 December 2013 est.)
country comparison to the world: 78
$15.56 billion (31 December 2012 est.)

39
Q

Stock of direct foreign investment - abroad:

A

$3.029 billion (31 December 2013 est.)
country comparison to the world: 68
$2.729 billion (31 December 2012 est.)

40
Q

Exchange rates:

A

litai (LTL) per US dollar -

  1. 658 (2013 est.)
  2. 685 (2012 est.)
  3. 6063 (2010 est.)
  4. 4787 (2009)
  5. 3251 (2008)