Lithuania GDP Q2 2016


Lithuania: Economic growth moderates in Q2

July 29, 2016

GDP rose 1.8% in Q2 over the same period last year, down from a 2.4% increase in Q1, according to a flash estimate released by the National Statistics Office on 29 July.

A quarter-on-quarter comparison showed that GDP increased a seasonally- and working-day adjusted 0.1% in Q2, which was down from Q1’s 0.9% increase. More detailed data will be released on 31 August.

The Central Bank expects GDP to grow 2.6% in 2016. FocusEconomics Consensus Forecast panelists see the economy growing 2.8% in 2016, which is down 0.1 percentage points from last month’s estimate. In 2017, the panel expects GDP to expand 3.1%.

Author:, Economist

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Lithuania GDP Chart

Lithuania GDP Q2 2016

Note: Year-on-year changes of GDP in %.
Source: Statistics Lithuania and FocusEconomics Consensus Forecast.

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