VilNews

THE VOICE OF INTERNATIONAL LITHUANIA

24 October 2017
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Country comparator:
Lithuania has big
trouble growing

Country Current account balance (BoP, current US$) Inflation, consumer prices (annual %) GDP growth (annual %) GDP per capita, PPP (current international $) GINI index ()
United States -470.902 1.64 3 47153.01 40.81
Canada -49.307 1.777 3.215 39050.17 32.56
Estonia 0.673 2.974 3.105 20663.43 36
Lithuania 0.534 1.318 1.33 18147.98 37.57
Norway 51.444 2.399 0.677 57230.89 25.79
Sweden 30.408 1.158 5.61 39024.17 25

BoP: Balance of Payments.
GDP: Gross Domestic Product.
GINI index: measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution.

The latest comparative data show that Lithuania has big trouble growing even with the unprecedented sacrifices of the austerity policies by the Kubilius Government; and from very low levels. This data confirms my earlier predictions of big financial-economic collapse in Lithuania: bank and company bankruptcies.

Val Samonis
Toronto, Canada

Category : Business, economy, investments / Front page



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