Lithuania GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Lithuania expanded 3.90 percent in the first quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Lithuania averaged 4.33 percent from 1996 until 2017, reaching an all time high of 12.30 percent in the third quarter of 2007 and a record low of -15.70 percent in the second quarter of 2009.

Lithuania GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-01 09:00 AM Q4 3.2% 1.7% 3% 3%
2017-04-28 08:00 AM Q1 3.8% 3.4% 3%
2017-06-01 08:00 AM Q1 3.9% 3.4% 3.8% 3.8%
2017-07-31 08:00 AM Q2 3.9% 3.7%
2017-09-01 08:00 AM Q2 3.9% 3.7%
2017-10-30 09:00 AM Q3 3.4%




Lithuania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 1.50 4.80 -13.10 percent [+]
GDP Annual Growth Rate 3.90 3.40 12.30 -15.70 percent [+]
GDP 41.17 48.35 48.35 7.00 USD Billion [+]
GDP Constant Prices 8853.30 8729.20 8853.30 6412.40 EUR Million [+]
Gross National Product 9735.00 10020.00 32694.00 5358.00 EUR Million [+]
Gross Fixed Capital Formation 1354.40 1839.60 2193.50 694.80 EUR Million [+]
GDP per capita 15346.82 14937.45 15346.82 5324.15 USD [+]
GDP per capita PPP 26970.88 26251.44 26970.88 8862.00 USD [+]


Lithuania GDP Annual Growth Rate Notes

Lithuania joined the Euro Area in January 2015. The country was among the hardest hit by the global financial crisis in 2008, the GDP contracted by 14.8 percent in 2009. Since 2010, however, Lithuania has been ranked among the fastest growing economies in the European Union. 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). This page provides - Lithuania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.40 12.30 -15.70 1996 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
Switzerland 1.10 Mar/17
France 1.00 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17