Lithuania GDP Q4 2016

Lithuania

Lithuania: Economic growth rebounds strongly in Q4

January 30, 2017

GDP expanded 3.0% in Q4 from the same period last year, up from a 1.7% increase in Q3, according to a flash estimate released by the National Statistics Office on 30 January.

A quarter-on-quarter comparison showed that GDP increased a seasonally and working-day adjusted 1.3% in Q4, which was well above Q3’s 0.4% rise. More detailed data will be released on 28 February.

The Central Bank expects GDP to grow 2.4% in 2017. FocusEconomics Consensus Forecast panelists see the economy growing 2.7% in 2017, which is down 0.1 percentage points from last month’s estimate. In 2018, the panel expects GDP to expand 3.0%.


Author:, Economist

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Lithuania GDP Q4 2016

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


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