Lithuania’s Economy Continuously at Its Peak

Published: 16 November 2005 y., Wednesday

The World Bank has recently announced that the GDP growth in Lithuania in 2005 and 2006 will continuously remain one of the most significant among the 8 new EU Members.
It has been forecasted that the GDP increase in Lithuania will reach 6.2 % in 2005, and 6 % next year. According to the figures announced by the Lithuanian Department of Statistics, Lithuania’s exports and imports grew 24.2 % and 18.4 % respectively, and the flow of foreign direct investments (FDI) increased by 8.3 % during the first half of the present year.

Thomas Blatt Laursen, the Lead Economist at the World Bank, has noted that the successful economic development of Lithuania and all the other new EU Members has been influenced neither by the rising prices on the world market of oil products, nor by the economic stagnation of Western countries.

Šaltinis: lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Lithuania's Foreign Minister met with members of Moldova's parliament

Lithuania’s Minister of Foreign Affairs Audronius Ažubalis met with the parliamentary delegation from Moldova, that is paying a visit to Lithuania at the invitation of Lithuania’s Ministry of Foreign Affairs, the U.S. International Republican Institute and the Parliamentary Forum of the Community of Democracies, which is currently chaired by Lithuania. more »

The President: To preserve nature, we first have to change ourselves

President Dalia Grybauskaitė met with Dr. Birutė Galdikas, a well-known Lithuanian Canadian primatologist, conservationist, ethologist, and author of several books relating to the endangered orangutan. more »

President received credentials from Algerian Ambassador

President of the Republic of Lithuania Dalia Grybauskaitė received letters of credence from the Ambassador of the People's Democratic Republic of Algeria, Abdelkader Khemri. more »

Community of Democracies’ Working Group on gender equality was established in Vilnius

On 11-12 April in Vilnius, Lithuania’s Presidency of the Community of Democracies held a convening meeting of the Working Group on Gender Equality. more »

EUR 1 billion & 5300 New Jobs in 2009

Figures recently published in the FDImarkets.com investment monitor database show that 28 foreign companies invested over EUR 1 billion and created 5300 new jobs in Lithuania in 2009. more »

Lithuania’s interests must be secured in NATO’s new strategic concept

The Ministry of National Defence must seek that NATO's new strategic concept takes account of Lithuania's interests, President of the Republic of Lithuania Dalia Grybauskaitė underlined during her visit to the Ministry of National Defence. more »

Discussion on European and Lithuanian values

On March 19th the Parliament of the Republic of Lithuania (Seimas) hosts the discussion European and Lithuanian Values: Identical or Different? more »

Commemoration of March 11 to be joined in by foreign visitors

This March 11, Lithuania will commemorate the 20th Anniversary of Restoration of Independence. more »

National Police Training arranged by the EU Police Mission took place in Chaghcharan

March 4, finishing ceremony of training for leading officers of Afghan National Police was held in Chaghcharan, capital of Ghowr. more »

Lithuania’s Foreign Vice-Minister participated in Bilateral Consultations in Riga

On 9 March in Riga, Lithuania’s Vice-Minister of Foreign Affairs Evaldas Ignatavičius took part in bilateral consultations between foreign ministries of Lithuania and Latvia. more »