Total factoring volume to GDP in Lithuania

Lithuania: Total factoring volume to GDP was 5.9% in 2020. ▼ Falling

Latest (2020)
5.9%
Change on year
down 15.2%
World rank
24th
of 72 countries
All-time high
13.9%
in 2014
All-time low
5.5%
in 2010
Years of data
14
2007–2020

Total factoring volume to GDP in Lithuania, 2007–2020

0510152007201320202007: 9.3 %2008: 10.3 %2009: 6.5 %2010: 5.5 %2011: 6.8 %2012: 7.7 %2013: 8.2 %2014: 13.9 %2015: 8.3 %2016: 7.6 %2017: 7.6 %2018: 7.8 %2019: 7 %2020: 5.9 %

Source: Factors Chain International. Measured in %.

Analysis

The most recent figure for total factoring volume to gdp in Lithuania is 5.9%, measured in 2020.

Compared with earlier readings it is down 15.2% on the previous year and up 7.9% over ten years.

Over the whole period, total factoring volume to gdp in Lithuania peaked at 13.9% in 2014 and was at its lowest, 5.5%, in 2010.

Lithuania ranks 24th of 72 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.7% 6.5% 10.3% 3
2010s 8.0% 5.5% 13.9% 10
2020s 5.9% 5.9% 5.9% 1

Countries ranked near Lithuania

  1. 21 Austria 7.6% compare
  2. 22 Hungary 7.0% compare
  3. 23 Denmark 6.4% compare
  4. 25 Bulgaria 5.9% compare
  5. 26 Malta 5.8% compare
  6. 27 Australia 5.0% compare

See the full ranking of 72 places →

More financial sector data for Lithuania

All data for Lithuania →

Frequently asked questions

What is total factoring volume to gdp in Lithuania?
Total factoring volume to gdp in Lithuania was 5.9% in 2020, according to Factors Chain International.
What is the highest total factoring volume to gdp recorded in Lithuania?
The highest recorded value was 13.9% in 2014.
What is the lowest total factoring volume to gdp recorded in Lithuania?
The lowest recorded value was 5.5% in 2010.
How does Lithuania rank for total factoring volume to gdp?
Lithuania ranks 24th out of 72 countries with data for 2020.
Is total factoring volume to gdp rising or falling in Lithuania?
Over the last ten years it is up 7.9%. The long-run trend across the full record is falling.
Where does this Lithuania data come from?
The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 938 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.