THE VOICE OF INTERNATIONAL LITHUANIA
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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
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