Lithuania - Real Imports of Goods and Services





Lithuania: Real Imports of Goods and Services

Mnemonic IM$.ILTU
Unit Mil. Ch. EUR, WDASA
Adjustments Working Day Adjusted and Seasonally Adjusted
Quarterly 1.1 %
Data 2019 Q2 8,790
2019 Q1 8,694

Series Information

Source Statistics Lithuania
Release Quarterly National Accounts
Frequency Quarterly
Start Date 3/31/1995
End Date 6/30/2019

Lithuania: Trade

Reference Last Previous Units Frequency
Balance of Goods Sep 2019 -58.85 -86.61 Mil. EUR, NSA Monthly
Current Account Balance Sep 2019 254.29 196.69 Mil. EUR, NSA Monthly
Exports of Goods Sep 2019 2,275 2,218 Mil. EUR, NSA Monthly
Imports of Goods Sep 2019 2,333 2,305 Mil. EUR, NSA Monthly
Exports of Goods and Services 2019 Q2 9,748 10,123 Mil. EUR, WDASA Quarterly
Imports of Goods and Services 2019 Q2 9,409 9,386 Mil. EUR, WDASA Quarterly
Real Exports of Goods and Services 2019 Q2 8,781 8,865 Mil. Ch. EUR, WDASA Quarterly
Real Imports of Goods and Services 2019 Q2 8,790 8,694 Mil. Ch. EUR, WDASA Quarterly
Real Net Exports 2017 -785,175,500 -800,929,900 NCU Annual

Release Information

Statistics Lithuania quarterly national account includes the following series GDP by expenditure, GDP per capita, GVA by industry, employment by industry, and compensation of employees. These are internationally recognised statistical indicators that provide insight to the development or standing of the national economy.

The main indicators are presented in accordance with the European System of National and Regional Accounts (ESA2010). The industry classification are provided in EVRK 2 red. which is Lithuania's localization of NACE Rev. 2.

GDP being the main indicator that defines the level of economic development in the country. There are 3 approaches that are used for the estimation of GDP which include production, expenditure and income.

GDP by production: This includes GDP at market prices which is the sum of the value add of all the industries at basic prices which can be calculated by taking the difference between output and intermediate consumption, plus taxes and less subsidies. GVA or Gross Value Added is the value of output less the value of intermediate consumption. Taxes on products is the taxes payable per unit of goods or services produced or bartered and may be a specific amount of money per unit of quantity. Subsidies on products ay subsidies payable per unit of a good or service either produced or imported.

GDP by expenditure: GDP is the sum of final consumption expenditure of households, general government, and non-profit institutions serving households, gross capital formation, gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables. All those plus exports, minus imports of good and services. Actual individual final consumption is comprised of goods and services for individual consumption. Collective final consumption is the services for collective consumption. Gross fixed capital formation is resident producers' acquisitions minus disposals for fixed assets in a time period plus the value of non-produced assets. Fixed assets are produced assets in production for more than 1 year. Inventories cover materials and supplies, work-in-progress, finished goods and goods for resale.

GDP by income approach: This is the total of all income earned in the process of producing goods and services plus taxes on production and imports less subsidies. Compensation of employees is the total remuneration in cash or all kinds, payable by an employer to an employee in exchange for work done. Compensation is made up of wages and salaries and employers' social contributions.

The units the data is presented in include current and constant prices in euros (EUR) and in volume terms. Employment is presented in number or persons.

Usually revised.

Further reading

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