on
mark, the first Baltic state to reach this milestone. However, the
current account deficit has hovered around 8% to 10% of GDP annually
since 1995-the result of greater demand for consumer goods and falling
growth in exports.

GDP: purchasing power parity-$15.4 billion (1997 est.)

GDP-real growth rate: 6% (1997 est.)

GDP-per capita: purchasing power parity-$4,230 (1997 est.)

GDP-composition by sector:
agriculture: 9%
industry: 28%
services: 63% (1995 est.)

Inflation rate-consumer price index: 8.6% (1997 est.)

Labor force:
total: 1.8 million
by occupation: industry and construction 42%, agriculture and forestry
20%, other 38% (1997)

Unemployment rate: 6.7% (January 1998)

Budget:
revenues: $1.5 billion
expenditures: $1.7 billion, including capital expenditures of $NA
(1997 est.)

Industries: metal-cutting machine tools, electric motors, television
sets, refrigerators and freezers, petroleum refining, shipbuilding
(small ships), furniture making, textiles, food processing,
fertilizers, agricultural machinery, optical equipment, electronic
components, computers, amber

Industrial production growth rate: 3.7% (1996)

Electricity-capacity: 5.463 million kW (1995)

Electricity-production: 14.33 billion kWh (1997 est.)

Electricity-consumption per capita: 2,398 kWh (1995)

Agriculture-products: grain, potatoes, sugar beets, vegetables; meat,
milk, eggs; fish; flax fiber

Exports:
total value: $3.3 billion (1996)
commodities: agricultural products 16.9%, mineral products 15.7%,
textiles 15.2%, machinery 11.4%, live animals 7.7% (1996)
partners: Russia, Germany, Belarus, Latvia, Ukraine (1996)

Imports:
total value: $4.4 billion (1996)
commodities: mineral production 20%, machinery 16%, transport
equipment 10%, chemicals 10%, textiles 8%, foodstuff 6% (1996)
partners: Russia, Germany, Poland, Italy, Denmark (1996)

Debt-external: $895 million

Economic aid:
recipient: ODA, $144 million (1993)
note: commitments from the West and international financial
institutions, $765 million (1992-95)

Currency: 1 Lithuanian litas = 100 centas

Exchange rates: litai per US$1-4.000 (fixed rate since 1 May 1994),
3.978 (1994), 4.344 (1993), 1.773 (1992)

Fiscal year: calendar year

Communications

Telephones: 1.012 million (1995)

Telephone system: telecommunications system ranks among the most
modern of the former Soviet republics
domestic: an NMT-450 analog cellular telephone network operate