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2017 OECD Economic Outlook, Volume 2017 Issue 2

image of OECD Economic Outlook, Volume 2017 Issue 2

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on resilience in a time of high debt, a chapter summarising developments and providing projections for each individual country and a statistical annex.

 

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Lithuania

GDP growth is projected to be around 3% in 2018-19. Improving external demand and a turnaround in investment, on the back of increased EU fund disbursements, will support growth, even as the shrinking labour supply and skill shortages will constrain the supply side. The combination of strong demand and labour market tightening will push up inflation.

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