Lithuania Economy

The Lithuanian economy with a population of 3.043 million (Census 2011) ranks 81st in the world. It has a GDP PPP of 61.6 billion(IMF 2012 and GDP PPP per capita of 19,125 vs 48,328 (United States) according to the IMF in 2011. Its currency is the Lithuanian litas (LTL). Banks within the country offer both variable (savings) and fixed interest(term deposit) products with various maturity options. According to data the inflation rate in Lithuania was 3.4% (2012 est.) and 4.1% (2011 est.)