Lithuanian economy expanded by 0.05 percent on quarter in the three months to September 2021, easing sharply from an upwardly revised 2.0 percent growth in the previous period. It was the fifth straight quarter of expansion in the economy, but the weakest growth in the sequence, the preliminary estimate showed. Positive contributions came from wholesale and retail trade, information and communication. On a yearly basis, the GDP advanced 4.8 percent, following an upwardly revised 8.3 percent growth in the second quarter. source: Statistics Lithuania
GDP Growth Rate in Lithuania averaged 1.03 percent from 1995 until 2021, reaching an all time high of 4.40 percent in the first quarter of 2003 and a record low of -12.90 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 2021.
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 1.10 percent in 2022 and 1.00 percent in 2023, according to our econometric models.