Lithuania’s economy grew by 1.7% quarter-on-quarter in the second quarter of 2026, rebounding from a revised 0.1% contraction in the first quarter, according to flash estimates. The largest positive contributions to quarterly growth came from the manufacturing, construction, wholesale and retail trade, transportation and storage sectors. On an annual basis, GDP increased by 4.1%, accelerating from a revised 2.5% increase in the previous quarter and marking the fastest pace of growth since the fourth quarter of 2024. source: Statistics Lithuania

The Gross Domestic Product (GDP) in Lithuania expanded 1.70 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Lithuania averaged 1.00 percent from 1995 until 2026, reaching an all time high of 5.90 percent in the third quarter of 2020 and a record low of -12.20 percent in the first quarter of 2009. This page provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

The Gross Domestic Product (GDP) in Lithuania expanded 1.70 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Lithuania is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-01 06:00 AM
QoQ 2nd Est
Q1 -0.3% 1.9% -0.4%
2026-07-30 06:00 AM
QoQ Flash
Q2 1.7% -0.1% 0.2%
2026-09-01 06:00 AM
QoQ 2nd Est
Q2 -0.1% 1.7%


Related Last Previous Unit Reference
Full Year GDP Growth 2.80 2.70 percent Dec 2025
GDP Growth Rate YoY 4.10 2.50 percent Jun 2026
GDP Constant Prices 16040.50 15775.00 EUR Million Jun 2026
GDP Growth Rate 1.70 -0.10 percent Jun 2026
Gross Fixed Capital Formation 3313.30 4550.40 EUR Million Mar 2026
Gross National Product 81610.10 77058.40 EUR Million Dec 2025


Lithuania GDP Growth Rate
In 2015, Lithuania became the 19th member of Euro Area. Lithuania’s service sector constitutes the largest share of GDP with information and communication technologies being the fastest growing. Also, in recent years Lithuania has shifted towards a knowledge-based economy: several companies produce sophisticated biotech products like pharmaceutical substances, components for molecular diagnostics and laser equipment. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Exports of goods and services account for 81 percent while imports account for 79 percent, adding 2 percent of total GDP. On a production side, the wholesale and retail trade, transport, accommodation and food service activities sector is the most important and accounts for around 32 percent to total GDP. It follows by industry (23 percent of total GDP); manufacturing (19 percent); public administration, defence, education, human health and social work activities (14 percent); construction (7 percent); real estate activities (6 percent); professional, scientific and technical activities and administrative and support services (6 percent); information and communication (3 percent); agriculture (4 percent); financial and insurance (2 percent); and arts, entertainment and recreation, repair of household goods and other services (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
1.70 -0.10 5.90 -12.20 1995 - 2026 percent Quarterly
SA

News Stream
Lithuania Economy Grows 1.7% in Q2
Lithuania’s economy grew by 1.7% quarter-on-quarter in the second quarter of 2026, rebounding from a revised 0.1% contraction in the first quarter, according to flash estimates. The largest positive contributions to quarterly growth came from the manufacturing, construction, wholesale and retail trade, transportation and storage sectors. On an annual basis, GDP increased by 4.1%, accelerating from a revised 2.5% increase in the previous quarter and marking the fastest pace of growth since the fourth quarter of 2024.
2026-07-30
Lithuania Economy Slows to 2-Year Low
Lithuania’s economy shrank by 0.3% quarter-on-quarter in the first quarter of 2026, reversing from a 1.9% expansion in the previous three-month period and coming in slightly above preliminary estimates of a 0.4% decline. This marked the first quarterly contraction since the fourth quarter of 2023, driven by declines in construction (-1.7% vs 1.3% in Q4 2025), trade-related services (-1.1% vs 1.9%), information and communications (-0.5% vs 2.6%), and financial and insurance activities (-1.9% vs 3.2%), alongside weaker manufacturing (0.0% vs 1.5%) and real estate activities (0.3% vs 1.6%). On the expenditure side, gross fixed capital formation declined (-4.4% vs 3.4%), while household consumption (1.0% vs 0.6%) and government spending (0.9% vs -0.3%) improved. Net external demand also weighed on growth, as exports (-0.1% vs 1.2%) declined while imports (0.3% vs -0.1%) rebounded. On an annual basis, GDP grew 2.3% in the first quarter of 2026, slowing from 3.3% in the previous period.
2026-06-01
Lithuania Q1 GDP Contracts for the First Time in Two Years
Lithuania’s economy shrank by 0.4% quarter-on-quarter in the first quarter of 2026, shifting from an upwardly revised 1.9% expansion in the previous three-month period, according to preliminary estimates. This marked the first quarterly contraction since the fourth quarter of 2023, driven largely by weaker performances from businesses engaged in construction, wholesale and retail trade, as well as transportation and storage service activities. On a year-on-year basis, Lithuania’s GDP advanced by 2.1% in Q1 2026, following an upwardly revised 3.3% growth recorded in the previous quarter.
2026-04-30