Inflation Lithuania 1994

Average inflation: 82.8%

Inflation in 1994

Inflation is very high at 82.8%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 176.5%. The lowest inflation was in December at 45.1%.

Highest month
January: 176.5%
Lowest month
December: 45.1%
Difference
131.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 268.2%. The lowest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 49.1%.

Highest increase
Health: 268.2%
Lowest increase
Alcoholic beverages, tobacco and narcotics: 49.1%

Historical Context

Inflation is 434.7 percentage points lower than the 5-year average of 517.5%. This approaches the lowest level since records began (82.8% in 1994).

5-year average
517.5%
10-year average
517.5%
All-time high (1992)
942.5%
All-time low (1994)
82.8%

Trend

Over the period 1992-1994, inflation shows a downward trend. Compared to 1993, inflation has fallen by 444.3 percentage points.

Change vs. previous year
-444.3 percentage points
Largest monthly swing
May: -684.9 percentage points

ECB Target

Inflation is 80.8 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €182.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Inflation by category

Food and non-alcoholic beverages
67.9%
-14.9 vs avg.
Alcoholic beverages, tobacco and narcotics
49.1%
-33.7 vs avg.
Clothing and footwear
108.3%
+25.5 vs avg.
Housing, water, electricity, gas and other fuels
136.1%
+53.3 vs avg.
Furnishings, household equipment and maintenance
78.0%
-4.8 vs avg.
Health
268.2%
+185.4 vs avg.
Transport
71.2%
-11.6 vs avg.
Communication
66.9%
-15.9 vs avg.
Recreation and culture
159.1%
+76.3 vs avg.
Education
115.7%
+32.9 vs avg.
Restaurants and hotels
120.8%
+38.0 vs avg.
Miscellaneous goods and services
57.5%
-25.3 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1993
January 176.5% -621.1
February 158.4% -436.1
March 119.7% -493.7
April 78.7% -629.7
May 68.5% -684.9
June 62.0% -645.4
July 60.8% -492.5
August 62.8% -414.3
September 59.8% -304.9
October 53.1% -266.4
November 48.4% -199.2
December 45.1% -143.8
Average 82.8%

Data source

Data from OECD. Last updated: 13/01/2026.

See also