The Impact of Economic Factors on the Development of Rural Tourism: Lithuanian Case

Authors of the article elaborate economic factors and using calculations indicate the influence of these factors on the development of rural tourism. The research results revealed that the number of guests in rural farmsteads (values of correlation coefficient are ranging from 0.73 to 0.91) is strongly affected by all economic factors (excluding inflation) analysed in the research: GDP per capita, average monthly gross earnings, foreign direct investments, government expenditure and revenue, tangible investments per capita. Meanwhile, the development of rural farmsteads are firmly influenced on average gross monthly earnings, foreign direct investments, government expenditure (correlation coefficient is above 0.9).