Imports of services as a part of balance of payment reached 5.98 USD bil in 2017 in Lithuania, according to the National Statistical Office. This is 17.4 % more than in the previous year.
Historically, imports of services as a part of balance of payment in Lithuania reached an all time high of 5.98 USD bil in 2017 and an all time low of 0.253 USD bil in 1993. When compared to Lithuania's main peers, imports of services as a part of balance of payment in Belarus amounted to 4.78 USD bil, 4.71 USD bil in Estonia, 3.00 USD bil in Latvia and 88.8 USD bil in Russia in 2017.
Lithuania has been ranked 70th within the group of 156 countries we follow in terms of imports of services as a part of balance of payment, 1 places above the position seen 10 years ago.
Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.
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