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Household Wealth and Finances in Lithuania

Author

Listed:
  • Karolis Bielskis

    (Bank of Lithuania and Vilnius University)

Abstract

This report presents the stylized facts gathered in the fourth wave of the Eurosystem Household Finance and Consumption Survey, which was conducted in Lithuania as the second wave of results. The survey provides household-level data on wealth, finances, consumption, savings, and additional individual characteristics, covering a sample of 1,664 households. Although the reference period for the data varies across countries, for Lithuania, it pertains to 2021. The report compares new results with those from the previous survey conducted in 2017. The results indicate an increase in measures for household wealth and finances that were only minimally affected by the COVID-19 pandemic.

Suggested Citation

  • Karolis Bielskis, 2023. "Household Wealth and Finances in Lithuania," Bank of Lithuania Discussion Paper Series 33, Bank of Lithuania.
    • Handle: RePEc:lie:dpaper:33
    as

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    File URL: https://www.lb.lt/uploads/publications/docs/43912_ae6ae3203f63d4360d4449c975101760.pdf
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    More about this item

    Keywords

    Household-level data; assets; liabilities; net wealth; financial pressure; consumption;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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