Economy Flashcards by Taqwa Hassan

GDP (purchasing power parity):

$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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GDP (official exchange rate):

$46.71 billion (2013 est.)

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GDP - real growth rate:

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

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GDP - per capita (PPP):

$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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Gross national saving:

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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GDP - composition, by end use:

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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GDP - composition, by sector of origin:

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

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Agriculture - products:

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

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Industries:

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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Industrial production growth rate:

2% (2013 est.)

country comparison to the world: 126

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Labor force:

1.452 million (2013 est.)

country comparison to the world: 131

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Labor force - by occupation:

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

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Unemployment rate:

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

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Population below poverty line:

4% (2008)

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Household income or consumption by percentage share:

lowest 10%: 2.6%

highest 10%: 29.1% (2008)

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Distribution of family income - Gini index:

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

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Budget:

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

Taxes and other revenues:

31% of GDP (2013 est.)

country comparison to the world: 88

Budget surplus (+) or deficit (-):

-2% of GDP (2013 est.)

country comparison to the world: 87

Public debt:

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

Fiscal year:

calendar year

Inflation rate (consumer prices):

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

Central bank discount rate:

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

Commercial bank prime lending rate:

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

Stock of narrow money:

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

Stock of broad money:

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

Stock of domestic credit:

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

Market value of publicly traded shares:

$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.)

Current account balance:

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

Exports:

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

Exports - commodities:

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

Exports - partners:

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.)

Imports:

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

Imports - commodities:

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

Imports - partners:

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

Reserves of foreign exchange and gold:

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

Debt - external:

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

Stock of direct foreign investment - at home:

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

Stock of direct foreign investment - abroad:

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

Exchange rates:

litai (LTL) per US dollar - 2. 658 (2013 est.) 2. 685 (2012 est.) 2. 6063 (2010 est.) 2. 4787 (2009) 2. 3251 (2008)