Lithuania LT: Trade Balance: USD: All Services: Personal, Cultural, And Recreational Services

Lithuania LT: Trade Balance: USD: All Services: Personal, Cultural, And Recreational Services data was reported at 15.700 USD mn in 2024. This records an increase from the previous number of 13.400 USD mn for 2023. Lithuania LT: Trade Balance: USD: All Services: Personal, Cultural, And Recreational Services data is updated yearly, averaging 1.800 USD mn from Dec 2010 (Median) to 2024, with 15 observations. The data reached an all-time high of 27.700 USD mn in 2021 and a record low of -5.300 USD mn in 2020. Lithuania LT: Trade Balance: USD: All Services: Personal, Cultural, And Recreational Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Lithuania – Table LT.OECD.TISP: Trade in Services: Trade Balance: USD: by Services: OECD Member: Annual. Personal, cultural, and recreational services comprises two sub-components, audiovisual and related services and other personal, cultural, and recreational services. Audio-visual and related services covers services associated with audio-visual activities (movies, music, radio and television) as well as services relating to the performing arts. Audio-visual services relates to the production of motion pictures (on film, videotape, or disk or transmitted electronically), radio and television programmes (live or on tape) and musical recordings. Performing arts and other live entertainment event presentation and promotion services (namely, live performances such as concerts and plays) are excluded from this item and included in artistic related services. However, the recording of live performances is included in audio-visual services and for these recordings, the same treatment as for other audio-visual products applies. Included in audio-visual services are amounts receivable or payable for rentals of audio-visual and related products and charges for access to encrypted television channels (such as those offering cable and satellite services).Artistic related services includes the services provided by performing artists (actors, musicians, dancers, etc.), authors, composers and sculptors. It also includes services provided by independent models as well as set, costume and lighting  designers. Transactions are included if the service providers are not employees of the entity making payments (otherwise, they represent compensation of employees). Also included are presentation and promotion services for performing arts and other live entertainment events. However, the recording of such events is included in audio-visual services.

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