Debt of non-financial corporations has been growing at a faster pace than financial assets
Lithuania’s financial accounts for Q3 2018
The financial accounts data for Q3 2018 published today shows that at the end of Q3 2018, the financial assets of non-financial corporations amounted to €45.7 billion and were more than twice larger than their debt (€19.5 billion). The annual growth rate of debt (11.7%) outpaced growth rate of financial assets (10.3%).
Non-financial corporations borrowed mostly in the domestic market and their domestic debt amounted to €15.3 billion at the end of Q3 2018. The annual growth rate of the domestic debt was 10.2%. The annual growth rate of external debt was 17.8% and amounted to €4.2 billion.
For more information on financial accounts in the third quarter of 2018 see the Bank of Lithuania statistical release (154.9 KB ). Detailed Q3 2018 data on the financial assets, liabilities and debt of non-financial corporations and other sectors are available on the Bank of Lithuania website (Financial accounts statistics, Debt indicators of institutional sectors and Statistics in brief).