Lithuanian GDP advanced 1.0% on quarter in the three months to June 2021, compared with a preliminary estimate of 0.4 percent expansion, slowing from a 2.2 percent growth in the previous period. Increases were reported in real estate activities (1.1% vs 1.7%), manufacturing (4.0% vs 3.3%), wholesale and retail trade, transport, accommodation and food service activities (1.9% vs 4.5%), and construction (6.5% vs -2.5%). On a yearly basis, the GDP expanded by 7.8%, the most since the fourth quarter 2007, faster than an earlier estimate of 6.9% growth, following an upwardly revised 1.5 percent expansion in the first quarter. source: Statistics Lithuania
GDP Growth Rate in Lithuania averaged 1.02 percent from 1995 until 2021, reaching an all time high of 6.10 percent in the third quarter of 2020 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 September of 2021.
GDP Growth Rate in Lithuania is expected to be 1.20 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.