Lithuania

Price of Goods in US$, which in US would Cost $1 - Lithuania Compared to Continent

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Albania	€0.59
Austria	€1.26
Belarus	€0.51
Belgium	€1.30
Bosnia & H.	€0.61
Bulgaria	€0.56
Croatia	€0.84
Cyprus	€1.10
Czech Rep.	€0.83
Denmark	€1.68
Estonia	€0.85
Finland	€1.43
France	€1.35
Germany	€1.26
Greece	€1.05
Hungary	€0.80
Iceland	€1.39
Ireland	€1.45
Italy	€1.27
Latvia	€0.88
Lithuania	€0.74
Luxembourg	€1.37
Macedonia	€0.51
Malta	€0.85
Moldova	€0.57
Montenegro	€0.69
Netherlands	€1.29
Norway	€1.78
Poland	€0.79
Portugal	€1.04
Romania	€0.74
Russia	€0.74
Serbia	€0.63
Slovak Rep.	€0.80
Slovenia	€0.92
Spain	€1.15
Sweden	€1.42
Switzerland	€1.58
Turkey	€0.80
UK	€1.20
Ukraine	€0.53

 

 

Lithuania: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

Lithuania does not publish an official house price or rents time-series. However the real estate firm Inreal publishes annual prices and rents for Vilnius for a few years. General economics statistics for Lithuania are published by the Bank of Lithuania and the Statistikos Departamentas, which keeps construction and stock of dwellings figures, but no house prices or rents.