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Lithuania GDP Q2 2023

Lithuania: Economy bounces back in Q2

According to a preliminary estimate, GDP rebounded in the second quarter, expanding 0.9% year on year in seasonal and calendar-adjusted terms (Q1: -2.6% yoy). Q2’s figure was the second strongest in the Eurozone. Additionally, on a seasonally and working-day adjusted quarter-on-quarter basis, GDP grew by 2.8% in Q2, contrasting the previous quarter’s 2.1% fall. Q2’s reading marked the best result since Q3 2020.

A more comprehensive national accounts release will be available on 31 August.

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