Financial accounts of Lithuania for the first quarter of 2010

  19 July 2010   FINANCIAL ACCOUNTS OF LITHUANIA FOR THE FIRST QUARTER OF 2010       Annual growth rate of Lithuanian economy * s financial assets that was negative through all quarters of 2009 converted into a positive one of 0.3 per cent in the first quarter of this year (see Fig. 1). At the end of the first quarter of 2010, Lithuania * s financial assets totalled LTL 310.3 billion, the major investment positions of which were loans (28%), shares (25%), deposits (19%) and debt securities (10%). At the end of the first quarter, Lithuania * s liabilities totalled LTL 373.2 billion, and their annual growth rate was -1 per cent. In the same quarter of 2009, the annual growth rate was 3 per cent (see Fig. 2). Loans and debt securities accounted for one third (35%) of total liabilities. In the first quarter of 2010, the ratio of loans and debt securities to financial assets made up 43 per cent. This indicator remained broadly unchanged                                     Fig. 1. Financial assets of Lithuania (annual growth rate)    -20 0 20 40 60 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Percentages Total economy Non-financial corporations Financial corporations General government Households 2008 2009 2010 2007     Fig. 2. Liabilities of Lithuania (annual growth rate)    -20 0 20 40 60 80 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Percentages Total economy Non-financial corporations Financial corporations General government Households 2007 2009 2010 2008              2       in recent years, except for the government sector, where it grew up to 101 per cent at the end of the first quarter of 2010 (see Fig. 3). Relations between sectors of economy remained unchanged with households and non-financial corporations being the largest borrowers and other monetary financial institutions (other MFIs) 1 remaining the largest investors. The rest of the world sec