Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Lithuania from 2011 to 2023

Rents paid for housing in Lithuania have increased year-on-year between 2011 and 2023. Nevertheless, the inflation-adjusted change was negative between 2021 and 2022, suggesting that rents grew at a slower rate than inflation in these years. In 2023, the nominal increase in rents paid for housing amounted to **** percent, while the real change (adjusted for inflation) reached **** percent. Overall, Lithuania recorded stronger rental growth than most European countries.