Industrial production in Lithuania advanced 15.3 percent year-on-year in August of 2021, easing from an upwardly revised 15.5 percent rise in the previous month. It was the weakest growth in industrial production since March, amid loosening restrictions to contain the spread of COVID-19. On a monthly basis, industrial production rose 2.8 percent, rebounding from a revised 1.8 percent drop in July. source: Statistics Lithuania

Industrial Production in Lithuania averaged 4.02 percent from 1999 until 2021, reaching an all time high of 40 percent in February of 2003 and a record low of -26.10 percent in April of 2009. This page provides the latest reported value for - Lithuania Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Industrial Production in Lithuania is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Industrial Production is projected to trend around 2.30 percent in 2022 and 3.80 percent in 2023, according to our econometric models.

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Lithuania Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2021-06-23 06:00 AM May 25.3% 25.7% 11.3%
2021-07-23 06:00 AM Jun 20.1% 25.3% 10.9%
2021-08-23 06:00 AM Jul 15.0% 20.5% 10.2%
2021-09-23 06:00 AM Aug 15.3% 15.5% 8.6%
2021-10-22 06:00 AM Sep 15.3% 14%
2021-11-23 07:00 AM Oct
2021-12-23 07:00 AM Nov

Lithuania Last Unit Reference Previous Highest Lowest
Business Confidence 0.30 points Sep/21 6.50 14.00 -38.00
Industrial Production Mom 2.80 percent Aug/21 -1.80 22.10 -17.40
Industrial Production 15.30 percent Aug/21 15.50 40.00 -26.10
Manufacturing Production 21.20 percent Jun/21 26.10 35.70 -31.40
Changes in Inventories -717.30 EUR Million Jun/21 -915.70 642.00 -1909.60
Mining Production 21.20 percent Jun/21 11.00 58.60 -48.10
Bankruptcies 154.00 Companies Mar/21 165.00 898.00 113.00

Lithuania Industrial Production
In Lithuania, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.