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Lithuania GDP Growth Rate YoY
In January 2015, Lithuania became a member of the Eurozone. Due to the 2008 global financial crisis, the country suffered a 14.8% decline in the GDP in 2009. Nevertheless, since 2010, Lithuania has been regarded as one of the EU's fastest-growing economies. Domestic consumption, which accounts for 63% of total GDP use, is the most important component of GDP, followed by gross fixed capital formation (19%) and government expenditure (17%). Exports of goods and services make for 81% of total GDP, while imports account for 79%, resulting in a net contribution of 2% to total GDP. Among the most important sectors in terms of output are the wholesale and retail trade, transport, accommodation, and food service activities sector, which accounts for around 32% of total GDP. It is accompanied by industry (which accounts for 23% of total GDP), manufacturing (19%), public administration, defense, education, human health, and social work activities (14%), construction (7%), real estate activities (6%), professional, scientific, technical activities, administrative, and support services (6%), information and communication (3%), and agriculture (4%), financial and insurance (2%), arts, entertainment and recreation, repair of household goods and other services (2%).
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
---|---|---|---|---|---|---|
EURUSD |
|
|
1.1337 -442 pips |
1.1574 +205 pips |
1.17788 | |
EURAUD |
|
|
1.7338 -642 pips |
1.7945 +35 pips |
1.79796 | |
EURJPY |
|
|
164.9083 -526 pips |
168.7418 +143 pips |
170.173 | |
EURCAD |
|
|
1.5682 -340 pips |
1.5974 +48 pips |
1.60221 | |
EURCHF |
|
|
0.9358 +12 pips |
0.9542 -196 pips |
0.93459 | |
EURCZK |
|
|
24.6901 +476 pips |
0 +246425 pips |
24.64253 | |
EURGBP |
|
|
0.8540 -88 pips |
0.8618 +10 pips |
0.86275 | |
EURHUF |
|
|
397.9672 -43 pips |
405.3240 -693 pips |
398.40 | |
EURNOK |
|
|
11.4018 -4595 pips |
11.8195 +418 pips |
11.8613 | |
EURNZD |
|
|
1.8811 -640 pips |
1.9391 +60 pips |
1.94510 |