its currency, the
litas, to the euro (the litas is currently pegged to the dollar)
some time in 2002. Lithuania must ratify 25 agreements along with
other legal documents and obligations by 1 May 2001 before gaining
World Trade Organization membership. Lithuania was invited to the
Helsinki summit in December 1999 and began EU accession talks in
early 2000. Privatization of the large, state-owned utilities,
particularly in the energy sector, remains a key challenge for 2001.

GDP: purchasing power parity - $26.4 billion (2000 est.)

GDP - real growth rate: 2.9% (2000 est.)

GDP - per capita: purchasing power parity - $7,300 (2000 est.)

GDP - composition by sector: agriculture: 10%

industry: 33%

services: 57% (1999 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%:
3.1%

highest 10%: 25.6% (1996)

Inflation rate (consumer prices): 1% (2000 est.)

Labor force: 2 million (2000 est.)

Labor force - by occupation: industry 30%, agriculture 20%, services
50% (1997 est.)

Unemployment rate: 10.8% (2000)

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: 2.3% (2000 est.)

Electricity - production: 13.567 billion kWh (1999)

Electricity - production by source: fossil fuel: 23.89%

hydro: 3.43%

nuclear: 72.68%

other: 0% (1999)

Electricity - consumption: 9.817 billion kWh (1999)

Electricity - exports: 3.2 billion kWh (1999)

Electricity - imports: 400 million kWh (1999)

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

Exports: $3.7 billion (f.o.b., 2000)

Exports - commodities: machinery and equipment 22%, mineral products
15%, chemicals 12%, textiles and clothing, foodstuffs (1999)

Exports - partners: Germany 15.8%, Latvia 12.6%, Russia 6.9%,
Belarus 5.8%, Denmark (1999)

Imports: $4.9 billion (f.o.b., 2000)

Imports - commodities: machinery and equipment 18%, mineral products
16%, chemicals 10%, textiles and clothing 10%, transport equipment
7% (1999)

Imports - partners: Russia 20