Lithuania’s economy shrank by 1.0% quarter-on-quarter in the third quarter of 2026, reversing a downwardly revised 1.4% expansion in the previous three-month period, according to preliminary estimates. This marked the first quarterly contraction since the fourth quarter of 2022, driven largely by weaker performances in construction, information and communications, as well as transportation and storage services. On a year-on-year basis, Lithuania’s GDP advanced by 1.8% in Q3 2026, slowing from 4.1% growth in the previous quarter and marking the weakest expansion since the decline in Q1 2023. source: Statistics Lithuania

The Gross Domestic Product (GDP) in Lithuania contracted 1 percent in the third quarter of 2026 over the previous quarter. GDP Growth Rate in Lithuania averaged 0.98 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 November of 2026.

The Gross Domestic Product (GDP) in Lithuania contracted 1 percent in the third quarter of 2026 over the previous quarter. GDP Growth Rate in Lithuania is expected to be -0.60 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
2026-09-01 06:00 AM
QoQ 2nd Est
Q2 1.7% -0.1% 1.7%
2026-10-30 07:00 AM
QoQ Flash
Q3 -1.0% 1.4% 0.9%
2026-12-01 07:00 AM
QoQ Final
Q3 1.4% -1.0%


Related Last Previous Unit Reference
Full Year GDP Growth 2.80 2.70 percent Dec 2025
GDP Growth Rate YoY 1.80 4.10 percent Sep 2026
GDP Constant Prices 16040.50 15775.00 EUR Million Jun 2026
GDP Growth Rate -1.00 1.40 percent Sep 2026
Gross Fixed Capital Formation 3250.40 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
-1.00 1.40 5.90 -12.20 1995 - 2026 percent Quarterly
SA

News Stream
Lithuania GDP Contracts for the First Time Since 2022
Lithuania’s economy shrank by 1.0% quarter-on-quarter in the third quarter of 2026, reversing a downwardly revised 1.4% expansion in the previous three-month period, according to preliminary estimates. This marked the first quarterly contraction since the fourth quarter of 2022, driven largely by weaker performances in construction, information and communications, as well as transportation and storage services. On a year-on-year basis, Lithuania’s GDP advanced by 1.8% in Q3 2026, slowing from 4.1% growth in the previous quarter and marking the weakest expansion since the decline in Q1 2023.
2026-10-30
Lithuania Economy Accelerates in Q2
Lithuania’s economy expanded by 1.7% quarter-on-quarter in the second quarter of 2026, in line with preliminary estimates, rebounding from a 0.1% contraction in the previous quarter. The recovery was driven by stronger activity across key sectors, particularly construction (6.1% vs -1.9% in Q1), manufacturing (3.6% vs -0.2%), and trade-related services (3.3% vs -1.4%). Financial and insurance activities also accelerated (2.4% vs 1.2%), while real estate activity increased 1.7%, compared with 0.3% in Q1. Information and communications activity was broadly flat (0.0% vs -0.4%), while agriculture, forestry and fishing contracted 0.6% after expanding 5.2% previously. Year-on-year, GDP growth accelerated to 4.1% in Q2 from 2.5% in Q1, confirming flash estimates and marking the fastest pace of growth since the fourth quarter of 2024.
2026-09-01
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