GDP in Lithuania
Lithuania - GDP (billions of Euros)
Growth ticks up in Q1
Growth inched up to 3.9% in annual terms in the first quarter of the year (Q4 2018: +3.8% year-on-year), according to preliminary data released by the Statistical Institute on 30 April. The result marked the strongest expansion since Q2 2017 and was driven by solid growth in the manufacturing, construction and retail trade sectors.
On a quarter-on-quarter basis, growth moderated to 1.0% in seasonally-adjusted terms in Q1 2019 (Q4 2018: +1.4%).
FocusEconomics analysts see growth at 3.0% in 2019, which is up 0.1 percentage points from last month’s forecast. For 2020, our panel sees growth at 2.5%. Meanwhile, Lithuania’s Central Bank expects growth of 2.7% this year and 2.6% in 2020.
Lithuania - GDP (EUR bn) Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| GDP (EUR bn) | 35.0 | 36.6 | 37.4 | 38.7 | 41.9 |
Lithuania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 1.00 | 0.0 % | May 13 |
| Stock Market | 688 | 0.45 % | May 13 |
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Economic News
Lithuania: Inflation rises to six-month high in April
May 10, 2019
Consumer prices rose 0.8% from the previous month in April, broadly unchanged from a March’s 0.9% increase.
Lithuania: Growth ticks up in Q1
April 30, 2019
Growth inched up to 3.9% in annual terms in the first quarter of the year (Q4 2018: +3.8% year-on-year), according to preliminary data released by the Statistical Institute on 30 April.
Lithuania: Industrial production growth falls in March
April 23, 2019
Industrial output rose 2.6% year-on-year in March, down from the 6.0% rise in February.
Lithuania: Inflation rises in March
April 9, 2019
Consumer prices increased 0.9% from the previous month in March, up from the 0.1% month-on-month increase in February.
Lithuania: Industrial production growth slows in February
March 22, 2019
Industrial output rose 3.8% year-on-year in February, down from the 5.3% rise in January.
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